Wellesley, MA
Population 29,906 · Massachusetts
About Wellesley, MA
Wellesley is a mid-sized city in Massachusetts with a population of 29,906 residents. The median household income is $250,001 per year, which is above the national average. The median age in Wellesley is 38.1 years.
Housing in Wellesley has a median home value of $1,513,400 and median monthly rent of $2,849. Of the 9,428 total housing units, the majority are owner-occupied, with 7,642 owner-occupied and 1,459 renter-occupied units.
The unemployment rate in Wellesley is 3.4% and the poverty rate is 3.2%. 87.1% of residents hold a bachelor's degree or higher. The average commute time is 28.3 minutes.
How Wellesley Ranks in Massachusetts
Cost of Living in Wellesley, MA
Compared to national averages, Wellesley has a median household income of $250,001 (233% above the national median of $75,149). Home values average $1,513,400, which is 518% above the national median. Monthly rent at $2,849 is 145% above the US average of $1,163. Within Massachusetts, Wellesley's income is 137% above the state average of $105,630, and home values are 170% above the state median of $561,296.
Why Live in Wellesley, MA?
Wellesley offers a strong local economy with a median household income of $250,001, well above the national average, and a strong job market with an unemployment rate of just 3.4%, and a well-educated community where 87.1% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 3.2%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $1,513,400. However, Wellesley’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Wellesley has a population of 29,906 with a median age of 38.1 years. Compare Wellesley with other cities to see how it stacks up, or explore all cities in Massachusetts.
Similar Cities Near Wellesley
Cities in Massachusetts with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Gloucester | 29,862 | $87,898 | $587,800 | Compare |
| Melrose | 29,488 | $126,854 | $796,100 | Compare |
| North Attleborough Town | 30,842 | $109,426 | $462,700 | Compare |
| Bridgewater Town | 28,669 | $112,482 | $500,600 | Compare |
| Northampton | 28,640 | $78,467 | $398,000 | Compare |
| West Springfield Town | 28,635 | $70,401 | $307,900 | Compare |
| Saugus | 28,599 | $100,819 | $589,500 | Compare |
| Agawam Town | 28,510 | $82,359 | $290,000 | 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 Wellesley
What is the population of Wellesley, MA?
The population of Wellesley, MA is 29,906 according to the latest Census data.
What is the median household income in Wellesley?
The median household income in Wellesley, MA is $250,001 per year.
What is the median home value in Wellesley?
The median home value in Wellesley, MA is $1,513,400.
What is the average rent in Wellesley?
The median monthly rent in Wellesley, MA is $2,849.
What is the unemployment rate in Wellesley?
The unemployment rate in Wellesley, MA is 3.4%.