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Needham CDP, MA
ZIP 02494 — Economy & Jobs
Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.
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Income, employment, industries, and economic trends
Income & Economy in Needham CDP, MA (02494)
Median Income
$173,750
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+499
Wealth inflow
Population
10,578
Unemployment
1.4%
2.4pp below US avg
IRS migration statistics show a net inflow of about 499 for ZIP 02494 (Needham CDP, MA) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 02494 (2020–Present)
Since 2020, population grew 0.8%, median income rose 5.6% (inflation-adjusted), home values increased 5.0%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $173,750 |
| Unemployment | 1.4% |
| Establishments | 696 |
| Employees | 16,775 |