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Household Income in westwood

Why These Income Metrics Matter for Home Buying

  • Median and average income indicate local purchasing power and whether your target price range matches the area.
  • Income buckets and deciles show whether the area is middle-income dominant or polarized, affecting liquidity and negotiation dynamics.
  • Low-income share, Gini, and P90/P10 help assess affordability stress and inequality risk, informing rental and resale stability.
Related communities
westwood (237)

Key Income Insights

  • Low-income share is within a moderate range.
  • Income inequality is at a moderate level.
  • P90/P10 gap is relatively contained.

Household income summary

Household median total income
$102K
Household average total income
$122K
Low income LIM-AT
6%
Gini (after-tax)
0.21
P90/P10 ratio
2.60
Single-person households
13%
Couple families with children
31%

Income summary (latest available year)

Median total income
$50K
Average total income
$55K
Median after-tax income
$43K
Income per capita
$52K
Total income recipients
510
Employment income share
67%
Market income share
86%
Gov transfer share
15%
EI share
2%
Employment rate
73%

Household income distribution

BucketHouseholdsShare
0-5k00%
5k-10k00%
10k-15k00%
15k-20k00%
20k-25k00%
25k-30k00%
30k-35k00%
35k-40k00%
40k-45k52%
45k-50k104%
50k-60k156%
60k-70k2510%
70k-80k2510%
80k-90k208%
90k-100k208%
100k-125k3012%
125k-150k3514%
150k-200k4518%
200k+156%

Personal income distribution

YearIncome typeBucketPopulationShare
2020after_tax0-10k5510%
2020after_tax10k-20k5510%
2020after_tax20k-30k6512%
2020after_tax30k-40k5510%
2020after_tax40k-50k7514%
2020after_tax50k-60k6512%
2020after_tax60k-70k509%
2020after_tax70k-80k458%
2020after_tax80k-90k153%
2020after_tax90k-100k153%
2020after_tax100k+153%
2020after_taxNo income255%
2020employment0-5k509%
2020employment5k-10k255%
2020employment10k-20k255%
2020employment20k-30k255%
2020employment30k-40k255%
2020employment40k-50k408%
2020employment50k-60k306%
2020employment60k-70k357%
2020employment70k-80k306%
2020employment80k-90k204%
2020employment90k-100k306%
2020employment100k+306%
2020employmentNo income16531%
2020total0-10k509%
2020total10k-20k6011%
2020total20k-30k5510%
2020total30k-40k407%
2020total40k-50k5510%
2020total50k-60k509%
2020total60k-70k6011%
2020total70k-80k407%
2020total80k-90k255%
2020total90k-100k407%
2020total100k+357%
2020totalNo income255%

Income decile distribution

YearDecileHouseholdsShare
20201355%
20202406%
20203508%
202047511%
202058513%
202069514%
202078513%
202089514%
202097011%
202010305%