Stoneham, MA
Population 22,986 · Massachusetts
About Stoneham, MA
Stoneham is a mid-sized city in Massachusetts with a population of 22,986 residents. The median household income is $112,635 per year, which is above the national average. The median age in Stoneham is 42.2 years.
Housing in Stoneham has a median home value of $629,000 and median monthly rent of $1,878. Of the 9,832 total housing units, the majority are owner-occupied, with 6,769 owner-occupied and 2,751 renter-occupied units.
The unemployment rate in Stoneham is 3.1% and the poverty rate is 4.6%. 54.0% of residents hold a bachelor's degree or higher. The average commute time is 28.9 minutes.
How Stoneham Ranks in Massachusetts
Cost of Living in Stoneham, MA
Compared to national averages, Stoneham has a median household income of $112,635 (50% above the national median of $75,149). Home values average $629,000, which is 157% above the national median. Monthly rent at $1,878 is 61% above the US average of $1,163. Within Massachusetts, Stoneham's income is 7% above the state average of $105,630, and home values are 12% above the state median of $561,296.
Why Live in Stoneham, MA?
Stoneham offers a strong local economy with a median household income of $112,635, well above the national average, and a strong job market with an unemployment rate of just 3.1%, and a well-educated community where 54.0% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 4.6%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $629,000. However, Stoneham’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Stoneham has a population of 22,986 with a median age of 42.2 years. Compare Stoneham with other cities to see how it stacks up, or explore all cities in Massachusetts.
Similar Cities Near Stoneham
Cities in Massachusetts with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Winchester | 22,862 | $218,176 | $1,181,700 | Compare |
| Wilmington | 23,195 | $161,473 | $646,200 | Compare |
| Gardner | 21,075 | $62,948 | $271,300 | Compare |
| Dedham | 25,109 | $124,375 | $630,400 | Compare |
| Reading | 25,448 | $163,725 | $741,100 | Compare |
| Marblehead | 20,334 | $165,859 | $906,200 | Compare |
| Burlington | 26,223 | $142,207 | $679,400 | Compare |
| Belmont | 27,009 | $178,188 | $1,108,800 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Massachusetts
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Stoneham
What is the population of Stoneham, MA?
The population of Stoneham, MA is 22,986 according to the latest Census data.
What is the median household income in Stoneham?
The median household income in Stoneham, MA is $112,635 per year.
What is the median home value in Stoneham?
The median home value in Stoneham, MA is $629,000.
What is the average rent in Stoneham?
The median monthly rent in Stoneham, MA is $1,878.
What is the unemployment rate in Stoneham?
The unemployment rate in Stoneham, MA is 3.1%.