Boston CPA Firms, Census
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Learn more about the Boston, Massachusetts economy and census:
INCOME: The median income of households in Boston, Massachusetts was $52,433. Eighty percent of the households received earnings and 10 percent received retirement income besides Social Security. Twenty percent of the households received Social Security. The average income from Social Security was $12,282. These sources of income are not necessarily exclusive; some families got money from more than one source.
HOUSING COSTS: The median monthly housing costs for mortgaged owners was $2,284, nonmortgaged owners $697, and renters $1,161. Forty-six percent of owners with mortgages, 27 percent of owners without mortgages, and 51 percent of renters in Boston, Massachusetts spent 30 percent or more of their income on housing items.
Source: American Community Survey – 2009