Living in Topsfield, Massachusetts
Cost of living, income, home prices, rent and demographics of Topsfield · Census data 2020–2024
Topsfield has 6,564 residents with a median age of 42.2. The median household income is $195,718 (88% higher than the Massachusetts median), the median home value is $853,400, the median rent is $1,115/month.
Topsfield at a glance
- Population
- 6,564
- Median age
- 42.2State: 40
- Median household income
- $195,718State: $103,960
- Median home value
- $853,400State: $562,100
- Median rent
- $1,115/moState: $1,762
- Homeowners
- 90.4%
- Bachelor's degree or higher
- 71.8%
- Average commute
- 28 min
Is Topsfield a good place to live?
Pros: Median household income 88% higher than the Massachusetts median; an average commute of 28 minutes; unemployment of 1.6%; a poverty rate of 7.5%.
Cons: Home values 52% higher than the state median.
The weather is best in June to September.
Cost of living in Topsfield
Housing is the biggest part of the cost of living. In Topsfield the median home value is $853,400, 157% higher than the U.S. median. Renters pay a median of $1,115 per month, which is 28.4% of household income. Homeowners with a mortgage pay $4,001 a month in housing costs.
Topsfield median household income
The median household income in Topsfield is $195,718 and the income per person is $70,904. 7.5% of residents live below the poverty line (Massachusetts: 10%).
Housing in Topsfield: homes for sale and rent
- Housing units
- 2,263
- Owner-occupied
- 90.4%
- Renter-occupied
- 9.6%
- Vacant
- 3.4%Includes seasonal homes
- Median year built
- 1969
- Average household size
- 2.92
Topsfield demographics
- Population
- 6,564
- Median age
- 42.2
- Under 18
- 24.8%
- 65 and older
- 22.4%
- Households
- 2,186
- Foreign-born
- 4.8%
- Veterans
- 4.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Topsfield ›
Education in Topsfield
71.8% of adults 25 and older in Topsfield have a bachelor's degree or higher (Massachusetts: 47.3%), and 32.7% have a graduate or professional degree.
Jobs and commute in Topsfield
- Unemployment rate
- 1.6%State: 5.2%
- Average commute
- 28 minState: 29 min
- Work from home
- 29.4%
- Drive alone
- 60.2%
- Public transit
- 3%
- Walk to work
- 3.7%
- Homes with broadband
- 97%
Topsfield vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Topsfield | 6,564 | $195,718 | $853,400 | $1,115 |
| Middleton | 9,816 | $167,402 | $742,700 | $1,407 |
| Wenham | 4,929 | $194,781 | $885,400 | — |
| Hamilton | 7,600 | $129,833 | $720,000 | $1,794 |
| Danvers | 28,098 | $125,395 | $644,200 | $2,076 |
| Boxford | 8,208 | $200,871 | $907,000 | $776 |
| Georgetown | 8,474 | $151,595 | $651,200 | $2,223 |
| Rowley | 6,251 | $132,734 | $667,300 | $1,603 |
| Ipswich | 13,930 | $138,750 | $745,400 | $1,598 |
More for people moving to Topsfield
Topsfield ZIP code ›Weather and climate ›Living in Topsfield: FAQ
What is the median household income in Topsfield, MA?
The median household income in Topsfield is $195,718, 88% higher than the Massachusetts median of $103,960 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Topsfield?
The median home value in Topsfield is $853,400, compared with $562,100 in Massachusetts.
How much is rent in Topsfield?
The median gross rent in Topsfield is $1,115 per month, about 28.4% of household income.
Is Topsfield, MA a good place to live?
Pluses: median household income 88% higher than the Massachusetts median; an average commute of 28 minutes; unemployment of 1.6%; a poverty rate of 7.5%. Minuses: home values 52% higher than the state median.
What is the median age in Topsfield?
The median age in Topsfield is 42.2 years (Massachusetts: 40).
How long is the commute in Topsfield?
The average commute to work in Topsfield is 28 minutes; 29.4% of workers work from home.
What is the unemployment rate in Topsfield?
The unemployment rate in Topsfield is 1.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Topsfield?
71.8% of adults in Topsfield have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
Last updated: