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The total population of Wales town is estimated to be 1,957 with 976 males (49.87%) and 981 females (50.13%). There are 5 more females than males in Wales town.
The median household income in Wales town was $93,341 in 2021, which marked an an increase of 8,524(10.05%) from $84,817 in 2020. This income is 125.11% 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, Wales town sees its highest median household income among householders in the age group of 25 to 44 years old, at $107,680. Overall, the median household income for the town of Wales town stands at $93,341.
In Wales town, the median income for all workers aged 15 years and older, regardless of work hours, was $58,200 for males and $41,510 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $66,956 for males and $66,206 for females.
In Wales town, there are just two different racial groups among households. Among these, White households report a median household income of $95,931, while Two or More Races households have a median household income of $82,102.
In 2022, the population of Wales town was 1,807, a 0.61% decrease year-by-year from 2021. Previously, in 2021, Wales town's population was 1,818, a decline of 0.49% compared to a population of 1,827 in 2020.
The median age in Wales, Massachusetts is 41.5, as per 2021 ACS 5-Year Estimates. Of the total population, 20.84% were under the age of 15, 12.83% aged 15 to 29, 51.30% aged 30 to 64, 14.03% aged 65 to 84, and 1.00% were 85 years of age and older.
Racial distribution of Wales town population: 96.09% are White, 0.45% are Black or African American, 0.15% are American Indian and Alaska Native, 0.15% are Native Hawaiian and other Pacific Islander, 0.20% are some other race and 2.96% are multiracial.