Reading Average Income, Population and Demographics

Are you tired of spending 10+ hours searching for demographic and population data for Reading, Massachusetts? We have all of the data you need by state, county, city, and zip code that will save you many hours of research!

In this article, we'll explore most of the 190+ data points we have for Reading, covering popular demographics statistics like household income, race, age and gender, educational attainment, poverty, housing, and transportation.

The data on this page is from the 2022 American Community Survey (ACS) 5-Year survey from the US Census Bureau.

Median Household Income

According to the latest ACS 5-year survey in 2022, the median household income in Reading is $154,662.00.

The chart below shows the average household income by age in Reading.

• Under 25
  $130,300.00
• 25 to 44
  $203,550.00
• 45 to 64
  $174,833.00
• 65 and over
  $70,159.00

Average Household Income

A very commonly asked question is "what is the average household income in Reading, Massachusetts?". The official term for the average household income is the mean household income. The mean household income is the total income of all households divided by the number of households.

The average (or mean) household income in Reading is $176,366.00.

34.33% of households in Reading, Massachusetts are classed as high income households (making $200,000+ per year).

Household Income Tiers for Reading

We can also look at the household income tiers. This lets you see how many households fall into each of the earnings brackets and what percentage that bracket is of the total number of households.

The chart below shows the household income brackets to see which age groups have the highest median income. The actual data is more granular than these brackets, but we've simplified them into bigger categories to make reviewing the data for Reading, Massachusetts easier to view.

You can purchase the raw data above, which will have the full income tiers with smaller jumps in household income.

• Less than $24,999
  8.29%
• $25,000 to $49,999
  8.19%
• $50,000 to $74,999
  9.03%
• $75,000 to $99,999
  8.57%
• $100,000 to $149,999
  14.65%
• $150,000 to $199,999
  16.93%
• $200,000 or more
  34.33%

Per Capita Income

The per capita income is the average income of all people in Reading, Massachusetts. This is calculated by dividing the total income of all people in Reading by the total number of people in Reading.

It differs from the average or mean household income because it includes all people in Reading and not just the people who earn an income (i.e. children, retirees, unemployed, etc.).

The per capita income in Reading, Massachusetts is $66,745.00.

Population in Reading by Race and Ethnicity

The total population in Reading is currently 25,415 people.

The race and ethnicity of the population in Reading can be very important for social research, economics, and marketing to a multi-culturial society.

Whether you want to target products or services to a particular race or ethnicity, or provide housing and new businesses to improve areas with a larger ethnic minority population, this data is very valuable for discovering suitable areas.

The chart below breaks down the population and percentage for each race and ethnicity in Reading, Massachusetts.

• 3.50% White
  877
• 95.60% Black/African American
  24,288
• 86.00% Native
  21,866
• 4.50% Hispanic
  1,139
• 0.40% Asian
  106
• 0.00% Hawaiian/Pacific Islander
  0
• 0.00% Two or more races
  0
• 6.40% Other
  1,632

Population of Reading by Age and Gender

Another very important demographics statistic for Reading, Massachusetts is the age and gender of the population. The age and gender of the population can be used to track trends in population growth or decline, and for businesses, the data can be used to identify people important to you and your business need.

In the table below, we show age groups at a 10 year granularity for ease of use. The raw data, which can be purchased above, includes age and gender at a 5 year granularity.

Education Levels

Educational attainment is a very useful statistic that can give insights into other data such as the average household income, unemployment levels, and literacy.

What this means is that it is likely for areas that have higher levels of education to have higher average household incomes, lower unemployment rates, and higher literacy rates.

The chart below shows the educational attainment of the population in Reading, Massachusetts.

• Master's degree or higher
  31.18%
• Bachelor's degree
  45.02%
• Some college or associate's degree
  5.13%
• High school diploma or equivalent
  18.21%
• Less than high school diploma
  0.45%

Unemployment Rates

The unemployment rate is the percentage of the population that is actively looking for work but is unable to find a job. The unemployment rate is a very important statistic for Reading because it can show how many people are actively looking for work and how many people are unable to find a job.

Lower levels of unemployment is generally seen as a positive sign for the economy. It also makes the government in Reading look good because it shows that they are doing a good job of creating jobs, working to capacity, being efficient, and keeping the economy strong.

The unemployment rate is calculated using the total population in Reading, Massachusetts that are over the age of 16.

The current population in Reading that are over the age of 16 is 20,065 people.

The unemployment rate in Reading is 2.80%, which means 378 people are unemployed.

Median Age in Reading

The median age is an interesting metric because it gives us an idea of the age distribution of people in Reading, Massachusetts. You know when you see a median age that it is the age where half of the population is older and half is younger than it.

For demographic studies, this can be used to infer and compare date to things such as birth rates, the age of parents, and so on.

An increasing median age can be a sign of an aging population, which can be a sign of a declining population. This is because older people tend to have fewer children and die more often than younger people.

The median age in Reading is 44.2 years old.

We can also look at the median age by gender to compare the see how each group compares to the total median age:

Median age by gender in Reading

44.2

Total

41.8

Male

46.2

Female

Households and Families

There are a total of 9,478 households in Reading, and the average household size is 2.66 people.

For families, the total number is 6,927, and the average family size is 3.17 people.

2.70% of those families in Reading, Massachusetts are living below the poverty line.

The table below shows the poverty thresholds for Reading in .

Households and Families by Marital Status

There are four types of household and family, as defined by the Census Bureau:

• Married-couple
• Male householder, no spouse present
• Female householder, no spouse present
• Nonfamily household

In the table below, you can see the total households and families in Reading, Massachusetts for each type, as well as the average sizes.

Housing Data in Reading

There are total of 9,727 housing units in Reading, Massachusetts. Of those units, 9,478 (97.44%) are occupied, and 249 (2.56%) are vacant.

Rental Rates

Of the 9,727 housing units in Reading, 1,513 (15.55%) are occupied by renters. The median rent paid by renters is $1,650.00.

Owner occupied housing units make up the remaining 81.76% of housing units, with 7,953 housing units in total.

The table below breaks down how much rent is paid by renters in Reading, Massachusetts.

• No rent paid
  12
• Less than $500
  283
• $500 to $999
  131
• $1,000 to $1,499
  251
• $1,500 to $1,999
  305
• $2,000 to $2,499
  225
• $2,500 to $2,999
  105
• $3,000 or more
  213

Property Values

The median value of a property in Reading is $713,200.00.

The table below breaks down the range of valuations for all properties in Reading.

• Less than $50,000
  27
• $50,000 to $99,999
  55
• $100,000 to $149,999
  18
• $150,000 to $199,999
  51
• $200,000 to $299,999
  209
• $300,000 to $499,999
  794
• $500,000 to $999,999
  5,945
• $1,000,000 or more
  854

Property Age

We can also look at the number of properties built in a given year to see the spread of property age in Reading, Massachusetts.

• 1939 or earlier
  2,782
• 1940 to 1949
  937
• 1950 to 1959
  1,472
• 1960 to 1969
  1,160
• 1970 to 1979
  1,048
• 1980 to 1989
  528
• 1990 to 1999
  594
• 2000 to 2009
  459
• 2010 to 2013
  718
• 2014 or later
  29

Vehicles Available per Household

Finally, we have data on how many vehicles each household in Reading has. The table below breaks down the number of vehicles available per household.

• No vehicles available
  570
• 1 vehicle available
  2,366
• 2 vehicles available
  4,704
• 3 or more vehicles available
  1,838

Commuting to Work in Reading

The time and means of commuting to work are useful metrics to look at because they can be correlated against other data such as income and education level.

Does a longer commuting time indicate a higher average income? If so, has the huge increase in home working during the pandemic changed this?

Using these metrics, we can get a better understanding of the demographics of Reading, Massachusetts, how they commute, and how that correlates to other data points.

The average travel time is 31.7 minutes, and the chart below covers the range of travel times across the population of Reading.

• Less than 5 minutes
  279
• 5 to 9 minutes
  940
• 10 to 14 minutes
  836
• 15 to 19 minutes
  1,161
• 20 to 24 minutes
  1,189
• 25 to 29 minutes
  697
• 30 to 34 minutes
  1,412
• 35 to 39 minutes
  284
• 40 to 44 minutes
  433
• 45 to 59 minutes
  1,420
• 60 to 89 minutes
  1,456
• 90 or more minutes
  198

We can also look at the means of transport in Reading to see which modes of transport people are using to commute to work.

• Drove alone
  8,562
• Carpooled
  752
• Public transportation
  738
• Walked
  183
• Other means
  70
• Worked from home
  2,943

Conclusion

Hopefully this article has given you the demographics data you were looking for in Reading, Massachusetts.

If you need more demographics data, or you need the data listed above in spreadsheet form with more granular grouping, head back to the top of this page where you can purchase the complete demographics data for Reading.

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