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CITY

Stoneham

Massachusetts · 23,355 residents · 6.016 sq mi
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The short version

Stoneham is significantly wealthier than the US average, with a median household income of $113,964. Population has held roughly steady since 2000. 56% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value has roughly tripled since 2000, reaching $671,900. Poverty is rare here, at 5.4% of residents. It ranks in the top 5% of US cities for household income.

At a glance
Wealthier
above the US median
US median: $82,259
Older
median age 42.2
US median: 38.9
More educated
56% hold a bachelor's degree
US average: 36%
Less affordable
home values up 62%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
23,355
+5%since 2000
from 22,219 in 2000
1990 – 2024
Population density
3,882 / sq mi
+5%since 2000
from 3,693 / sq mi in 2000
US average: 281
Median age
42.2
+4%since 2000
from 40.6 in 2000
US average: 38.9
Population, 1990 – 2024
21K22K22K23K24K1990201020202024Stoneham
202423K
1990201020202024
Section 02

Income & economy

Median household income
$113,964
+11%inflation adjusted, since 2000
from $56,605 in 2000
US average: $82,259
1990 – 2024
Per capita income
$62,866
+128%since 2000
from $27,599 in 2000
US average: $44,673
Households earning $100K+
69.2%
+19.9 ptssince 2009
from 49.3% in 2009
US average: 53.3%
Poverty rate
5.4%
+1.3 ptssince 2000
from 4.1% in 2000
US average: 12.5%
Income inequality (Gini)
0.423
+8%since 2010
from 0.391 in 2010
US average: 0.476
Workforce by industry, 2024
Information8.3%
US avg: 10.8%
Retail trade7.7%
US avg: 9.9%
Other services7.5%
US avg: 6.7%
Wholesale trade7%
US avg: 6.9%
Public administration6.5%
US avg: 4.8%
Arts, entertainment, food3%
US avg: 1.9%
Transportation & warehousing2.4%
US avg: 2.2%
Finance & insurance2.3%
US avg: 5.9%
Professional, scientific, technical1.7%
US avg: 5.1%
Education & health services0.6%
US avg: 0.9%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$671,900
+62%inflation adjusted, since 2000
from $227,900 in 2000
US average: $376,019
1990 – 2024
Median gross rent
$2,035
+35%inflation adjusted, since 2000
from $827 in 2000
US average: $1,442
Owner-occupied
71.0%
+2.6 ptssince 2000
from 68.4% in 2000
29.0% rent
Vacancy rate
4.4%
−2.0 ptssince 2009
from 6.3% in 2009
US average: 10.0%
Owner cost-burdened
27.1%
−10.4 ptssince 2009
from 37.5% in 2009
US average: 22.9%
Renter cost-burdened
40.1%
−10.2 ptssince 2009
from 50.3% in 2009
US average: 47.4%
Afford Score
5.9
+46%since 2000
from 4.0 in 2000
1990 – 2024
Gentrification Score
63
RELATED:See current rent listings in Stoneham on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic94%(20,875)
Black0.8%(181)
Hispanic / Latino1.8%(397)
Asian2.5%(557)
Other0%
Diversity Score12.4%(2,762)
2024
White, non-Hispanic81%(18,913)
Black1.2%(272)
Hispanic / Latino4.7%(1,098)
Asian6.8%(1,594)
Other6.3%(1,478)
Diversity Score41.7%(9,728)
Diversity Score
42
+235%since 2000
from 12 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
55.9%
+24.3 ptssince 2000
from 31.6% in 2000
US average: 35.6%
High school or higher
95.4%
+4.6 ptssince 2000
from 90.8% in 2000
US average: 89.6%
Graduate degree
23.5%
+11.8 ptssince 2000
from 11.7% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
27.8 min
+56%since 2000
from 17.8 min in 2000
US average: 26.5
Drive alone to work
66.8%
−17.2 ptssince 2009
from 84.0% in 2009
US average: 68.9%
Carpooled to work
4.6%
−2.0 ptssince 2009
from 6.6% in 2009
US average: 8.5%
Public transit
2.5%
−3.3 ptssince 2009
from 5.8% in 2009
US average: 3.2%
Worked from home
24.6%
+21.9 ptssince 2009
from 2.7% in 2009
US average: 15.0%
Walked to work
1.0%
+0.5 ptssince 2009
from 0.5% in 2009
US average: 2.4%
Biked to work
0.1%
Unchangedsince 2009
from 0.1% in 2009
US average: 0.4%
No vehicle available
3.9%
−1.7 ptssince 2009
from 5.7% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
2.2%
−4.6 ptssince 2011
from 6.9% in 2011
US average: 5.2%
Labor force participation
69.7%
+1.4 ptssince 2011
from 68.3% in 2011
US average: 63.5%
Self-employed
13.3%
−0.7 ptssince 2009
from 14.0% in 2009
US average: 13.1%
Management & professional
60.2%
−11.7 ptssince 2009
from 71.9% in 2009
US average: 42.5%
Section 08

People & community

Male
47.6%
+0.6 ptssince 2009
from 47.0% in 2009
Female
52.4%
−0.6 ptssince 2009
from 53.0% in 2009
Foreign born
11.7%
+3.9 ptssince 2009
from 7.9% in 2009
US average: 14.1%
Veterans
6.2%
−40.4 ptssince 2009
from 46.6% in 2009
US average: 6.2%
With a disability
11.1%
+0.8 ptssince 2012
from 10.3% in 2012
US average: 13.3%
Uninsured
1.2%
−96.2 ptssince 2013
from 97.4% in 2013
US average: 8.4%
Broadband at home
93.7%
+8.2 ptssince 2017
from 85.5% in 2017
US average: 91.0%
English only at home
83.5%
−2.7 ptssince 2016
from 86.1% in 2016
US average: 77.7%
Spanish at home
2.7%
+0.5 ptssince 2016
from 2.2% in 2016
US average: 13.6%
Drill deeper

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Head to head

Compare Stoneham to nearby cities

STONEHAM VS
Melrose
Income$133,953+18%
Home value$822,900+22%
Population29,597+27%
SEE FULL COMPARISON →
STONEHAM VS
Wakefield
Income$134,306+18%
Home value$723,500+8%
Population27,793+19%
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STONEHAM VS
Winchester
Income$230,198+102%
Home value$1,215,200+81%
Population23,406same
SEE FULL COMPARISON →
STONEHAM VS
Woburn
Income$111,185−2%
Home value$673,500same
Population43,962+88%
SEE FULL COMPARISON →
Frequently asked

How many people live in Stoneham, Massachusetts?

Stoneham, Massachusetts has about 23,355 residents according to the 2024 American Community Survey.

What is the median household income in Stoneham, Massachusetts?

The typical household in Stoneham, Massachusetts earns about $113,964 a year. Half of households make more than that, and half make less.

Is Stoneham, Massachusetts expensive?

In Stoneham, Massachusetts, the median home is worth about $671,900, and the typical rent is about $2,035 a month.

How educated are people in Stoneham, Massachusetts?

About 55.9% of adults age 25 and over in Stoneham, Massachusetts hold a bachelor's degree or higher.

What is the poverty rate in Stoneham, Massachusetts?

About 5.4% of people in Stoneham, Massachusetts live below the federal poverty line.

Has Stoneham, Massachusetts grown since 1990?

Yes, Stoneham, Massachusetts has grown since 1990. The population has added about 1,152 residents, a change of about 5 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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