Topsfield, MA
Population 2,573 · Massachusetts
About Topsfield, MA
Topsfield is a small town located in Massachusetts with a population of 2,573 residents according to the latest US Census Bureau American Community Survey data. The median household income is $169,468 per year, which is 126% above the national median of $75,149. The median age of 42.3 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Topsfield features a median home value of $793,300, which is 224% above the national median of $244,900. This places Topsfield in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $866, 26% below the national average of $1,163/month. Of the 942 total housing units, 80% are owner-occupied (750 units) and 20% are renter-occupied (192 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Topsfield shows an unemployment rate of 1.6%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 5.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Topsfield have an average one-way commute time of 22.1 minutes.
Education & Demographics
65.3% of Topsfield residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 2.6% White, 1.4% Hispanic or Latino, 0.0% Black or African American, and 2.9% Asian residents, with 4.1% of the population being foreign-born.
How Topsfield Ranks in Massachusetts
Cost of Living in Topsfield, MA
Compared to national averages, Topsfield has a median household income of $169,468 (126% above the national median of $75,149). Home values average $793,300, which is 224% above the national median. Monthly rent at $866 is 26% below the US average of $1,163. Within Massachusetts, Topsfield's income is 60% above the state average of $105,630, and home values are 41% above the state median of $561,296.
Why Live in Topsfield, MA?
Topsfield offers a strong local economy with a median household income of $169,468, well above the national average, and rent that’s lower than the national average at $866/month, and a strong job market with an unemployment rate of just 1.6%. Additionally, the city features a well-educated community where 65.3% of residents hold a bachelor’s degree or higher, and a low poverty rate of 5.4%, better than the national average, and short commute times averaging just 22.1 minutes.
Potential considerations include a competitive housing market where the typical home costs $793,300. However, Topsfield’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Topsfield has a population of 2,573 with a median age of 42.3 years. Compare Topsfield with other cities to see how it stacks up, or explore all cities in Massachusetts.
Similar Cities Near Topsfield
Cities in Massachusetts with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Mattapoisett Center | 2,573 | $99,864 | $649,200 | Compare |
| Fiskdale | 2,564 | $92,273 | $359,200 | Compare |
| West Dennis | 2,586 | $93,958 | $580,900 | Compare |
| North Falmouth | 2,558 | $133,571 | $656,400 | Compare |
| Norton Center | 2,526 | $114,051 | $418,400 | Compare |
| North Brookfield | 2,477 | $75,956 | $235,000 | Compare |
| Vineyard Haven | 2,672 | $73,917 | $815,000 | Compare |
| Baldwinville | 2,454 | $56,957 | $284,900 | 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.
Compare Topsfield With Other Cities
Frequently Asked Questions about Topsfield
What is the population of Topsfield, MA?
The population of Topsfield, MA is 2,573 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Massachusetts.
What is the median household income in Topsfield?
The median household income in Topsfield, MA is $169,468 per year, which is 126% above the national median of $75,149.
What is the median home value in Topsfield?
The median home value in Topsfield, MA is $793,300, which is 224% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Topsfield?
The median monthly rent in Topsfield, MA is $866, which is 26% below the national average of $1,163/month.
What is the unemployment rate in Topsfield?
The unemployment rate in Topsfield, MA is 1.6%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Topsfield, MA a good place to live?
Topsfield offers above-average incomes, a competitive housing market, and a strong job market. With a population of 2,573 and a median age of 42.3, the city appeals to a broad range of residents.
How educated is Topsfield, MA?
65.3% of residents in Topsfield aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Topsfield?
Key cost-of-living indicators for Topsfield, MA: median home value is $793,300 (224% above national), median rent is $866/month, and median household income is $169,468. The home-value-to-income ratio is 4.7x, a moderate figure by national standards.
What is the poverty rate in Topsfield?
The poverty rate in Topsfield, MA is 5.4%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Topsfield, MA?
Topsfield's population is 2.6% White, 1.4% Hispanic or Latino, 0.0% Black or African American, 2.9% Asian, and 1.6% two or more races. 4.1% of residents are foreign-born.