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The total population of Medway town is estimated to be 13,164 with 6,154 males (46.75%) and 7,010 females (53.25%). There are 856 more females than males in Medway town.
The median household income in Medway town was $159,172 in 2021, which marked an an increase of 886(0.56%) from $158,286 in 2020. This income is 213.35% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Medway town sees its highest median household income among householders in the age group of 45 to 64 years old, at $183,065. Overall, the median household income for the town of Medway town stands at $159,172.
In Medway town, the median income for all workers aged 15 years and older, regardless of work hours, was $91,827 for males and $48,249 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $115,306 for males and $95,505 for females.
In Medway town, there are just two different racial groups among households. Among these, Two or More Races households report a median household income of $182,264, while White households have a median household income of $159,741.
In 2022, the population of Medway town was 13,393, a 1.95% increase year-by-year from 2021. Previously, in 2021, Medway town's population was 13,137, an increase of 0.40% compared to a population of 13,085 in 2020.
The median age in Medway, Massachusetts is 39.6, as per 2021 ACS 5-Year Estimates. Of the total population, 19.53% were under the age of 15, 17.92% aged 15 to 29, 49.90% aged 30 to 64, 11.16% aged 65 to 84, and 1.50% were 85 years of age and older.
Racial distribution of Medway town population: 90.07% are White, 1.27% are Black or African American, 0.03% are American Indian and Alaska Native, 3.05% are Asian, 0.11% are some other race and 5.46% are multiracial.