Average Income In Boston

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Boston’s economic landscape reveals a vibrant and dynamic income environment that reflects the city’s robust job market and diverse professional opportunities. In 2026, the city continues to demonstrate strong economic resilience, with average household incomes reaching $140,807 and median household incomes standing at $94,755, representing a significant 6.2% year-over-year increase.

Income Breakdown by Age Groups

The income distribution across different age groups in Boston provides fascinating insights into the city’s economic structure. Professionals in their prime working years, aged 25 to 44, command the highest median income at $120,777. Mid-career professionals between 45 and 64 earn a median of $95,859, while younger workers under 25 start with a median income of $45,729.

Sector-Specific Salary Insights

Boston’s job market is characterized by its strong professional sectors. The city boasts impressive salary ranges across various industries:

  • Management Roles: Average annual salary of $160,460
  • Legal Professionals: Earning around $155,780 annually
  • Computer & Mathematical Fields: Averaging $126,150 per year
  • Healthcare Practitioners: Commanding $115,850 annually

Neighborhood Income Variations

Income levels in Boston vary significantly across different zip codes. Some notable examples include:

  • 02108 Zipcode: Highest median income at $212,664
  • 02109 Zipcode: Median income of $177,500
  • 02115 Zipcode: Lower median income at $53,398

Employment Landscape

The city’s workforce comprises 379,153 working residents, with an impressive 90.6% employed in professional or administrative positions. 6.6% of residents are entrepreneurs, while 61.9% work in private companies and 11.4% in the public sector.

Cost of Living Considerations

It’s crucial to note that Boston’s cost of living is 47% higher than the national average. Housing expenses are 123% above the national average, and utility prices are 53% higher. These factors significantly impact the real value of income in the city.

The data underscores Boston's position as a thriving economic hub, offering substantial income opportunities across diverse professional domains. While the cost of living remains high, the city continues to attract talented professionals with its robust job market and competitive salaries.

What is the average household income in Boston?

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As of 2026, the average household income in Boston is 140,807, with a median household income of 94,755.

Which industries pay the highest salaries in Boston?

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Top-paying industries include Management, Legal, Technology, and Healthcare, with annual salaries ranging from 115,850 to 160,460.

How does Boston’s cost of living compare to other cities?

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Boston’s cost of living is 47% higher than the national average, with housing expenses being 123% above the national benchmark.