Wilmington, MA
Population 23,195 · Massachusetts
About Wilmington, MA
Wilmington is a mid-sized city located in Massachusetts with a population of 23,195 residents according to the latest US Census Bureau American Community Survey data. The median household income is $161,473 per year, which is 115% above the national median of $75,149. The median age of 42.1 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 Wilmington features a median home value of $646,200, which is 164% above the national median of $244,900. This places Wilmington in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $2,412, 107% above the national average of $1,163/month. Of the 8,032 total housing units, 87% are owner-occupied (6,841 units) and 13% are renter-occupied (1,030 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Wilmington shows an unemployment rate of 5.1%, which is near the national rate of 3.7%. The poverty rate stands at 3.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Wilmington have an average one-way commute time of 29.9 minutes.
Education & Demographics
49.2% of Wilmington 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 0.4% White, 0.4% Hispanic or Latino, 0.9% Black or African American, and 1.0% Asian residents, with 7.1% of the population being foreign-born.
How Wilmington Ranks in Massachusetts
Cost of Living in Wilmington, MA
Compared to national averages, Wilmington has a median household income of $161,473 (115% above the national median of $75,149). Home values average $646,200, which is 164% above the national median. Monthly rent at $2,412 is 107% above the US average of $1,163. Within Massachusetts, Wilmington's income is 53% above the state average of $105,630, and home values are 15% above the state median of $561,296.
Why Live in Wilmington, MA?
Wilmington offers a strong local economy with a median household income of $161,473, well above the national average, and a well-educated community where 49.2% of residents hold a bachelor’s degree or higher, and a low poverty rate of 3.0%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $646,200. However, Wilmington’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Wilmington has a population of 23,195 with a median age of 42.1 years. Compare Wilmington with other cities to see how it stacks up, or explore all cities in Massachusetts.
Similar Cities Near Wilmington
Cities in Massachusetts with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Stoneham | 22,986 | $112,635 | $629,000 | Compare |
| Winchester | 22,862 | $218,176 | $1,181,700 | Compare |
| Dedham | 25,109 | $124,375 | $630,400 | Compare |
| Gardner | 21,075 | $62,948 | $271,300 | 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.
Compare Wilmington With Other Cities
Frequently Asked Questions about Wilmington
What is the population of Wilmington, MA?
The population of Wilmington, MA is 23,195 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Massachusetts.
What is the median household income in Wilmington?
The median household income in Wilmington, MA is $161,473 per year, which is 115% above the national median of $75,149.
What is the median home value in Wilmington?
The median home value in Wilmington, MA is $646,200, which is 164% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Wilmington?
The median monthly rent in Wilmington, MA is $2,412, which is 107% above the national average of $1,163/month.
What is the unemployment rate in Wilmington?
The unemployment rate in Wilmington, MA is 5.1%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Wilmington, MA a good place to live?
Wilmington offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 23,195 and a median age of 42.1, the city appeals to a broad range of residents.
How educated is Wilmington, MA?
49.2% of residents in Wilmington 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 Wilmington?
Key cost-of-living indicators for Wilmington, MA: median home value is $646,200 (164% above national), median rent is $2,412/month, and median household income is $161,473. The home-value-to-income ratio is 4.0x, a moderate figure by national standards.
What is the poverty rate in Wilmington?
The poverty rate in Wilmington, MA is 3.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Wilmington, MA?
Wilmington's population is 0.4% White, 0.4% Hispanic or Latino, 0.9% Black or African American, 1.0% Asian, and 1.3% two or more races. 7.1% of residents are foreign-born.