Here's what it costs to live in Needham, Massachusetts, based on the latest US government data. Renters pay a median of $2,409 per month, while the typical home is valued around $1,188,500. Households earn a median of $214,308 per year, leaving rent at a manageable share of income for many residents. Below: housing costs, local wages by occupation, neighborhoods, climate, jobs and major industries, and healthcare access — all drawn from US Census, BEA, BLS, HUD, EPA, and NOAA data.
Median Household Income
$214,308
Annual · Census ACS
Median Gross Rent
$2,409
Per month · Census ACS
Median Home Value
$1,188,500
Census ACS
Cost of Living Index
N/A
BEA RPP · US avg = 100
1BR Fair Market Rent
N/A
HUD FMR
2BR Fair Market Rent
N/A
HUD FMR
3BR Fair Market Rent
N/A
HUD FMR
HUD Fair Market Rent = 40th percentile gross rent · FY2024
| Occupation | Median Annual Wage |
|---|---|
| 💻Software Developer | N/A |
| 🏥Registered Nurse | N/A |
| 📚Elementary Teacher | N/A |
| ⚡Electrician | N/A |
| 📊Accountant | N/A |
| 🔧Plumber | N/A |
| ⚕️Nurse Practitioner | N/A |
| 🏗️Civil Engineer | N/A |
| 👔Operations Manager | N/A |
| 📈Market Research Analyst | N/A |
| 🏢Health Services Manager | N/A |
| 🚛Truck Driver | N/A |
| 👨⚕️Physician Assistant | N/A |
| 🩺Surgeon | N/A |
| 🧮Data Scientist | N/A |
| 🖥️Computer Engineer | N/A |
Source: BLS OEWS 2023 (metro-level data)
Population
32,459
Latest estimate
Median Age
43.1 yrs
Census ACS
🌬️
AQI data not available
Source: EPA AirNow
Total Neighborhoods
5
Tracked in our database
Avg Walk Score
N/A
0–100 scale
Avg Median Rent
$2,216
Per month
Avg Home Value
$1,340,300
Census ACS
January Avg
27°F
July Avg
73°F
Sunny Days / Year
235
Annual Snowfall
—
Climate category: Continental · Source: NOAA/NCEI 30-year normals.
Healthcare Score
33.2
poor
Hospitals
1
Doctors per 1,000
1.00
Insurance Coverage
98.8%
What is the cost of living index for Needham?
The cost of living index for Needham is not yet available in our database.
What is the median rent in Needham?
The median gross rent in Needham is $2,409 per month according to US Census ACS data.
What is the median household income in Needham?
The median household income in Needham is $214,308 per year.
What is the median home value in Needham?
The median home value in Needham is $1,188,500 based on the latest Census ACS survey.
How is the air quality in Needham?
Air quality data for Needham is not yet available.
What are the taxes like in Needham?
Tax data for Massachusetts is not yet available.
Data last updated: December 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology
