The median household income in Shrewsbury, Massachusetts, is $136,225. This figure represents the median income in 2023 dollars, covering the period from 2019 to 2023.
Understanding the financial landscape of a community like Shrewsbury involves looking at various income metrics. These figures provide insight into the economic well-being and living standards of its residents.
Key Income Statistics for Shrewsbury, MA
Beyond just the median household income, other indicators help paint a more complete picture:
- Median Household Income (in 2023 dollars, 2019-2023): This figure, as mentioned, is the central point of household incomes, meaning half of the households earn more and half earn less than this amount.
- Per Capita Income (in past 12 months, in 2023 dollars, 2019-2023): This indicates the average income per person, including all adults and children.
- Persons in Poverty, Percent: This metric shows the percentage of the population living below the poverty line.
Here's a summary of the income and poverty data for Shrewsbury:
| Category | Amount |
|---|---|
| Median households income (in 2023 dollars), 2019-2023 | $136,225 |
| Per capita income in past 12 months (in 2023 dollars), 2019-2023 | $67,401 |
| Persons in poverty, percent | 3.8% |
These statistics are compiled by the U.S. Census Bureau and reflect recent demographic and economic surveys. For more detailed and current information, it's always advisable to consult official sources like the Census Bureau QuickFacts for Shrewsbury town, Worcester County, Massachusetts.
