Sunday, April 13, 2008

Income by zip shows Auburn up slightly

Interesting to compare towns wrt income in this link. It covers from 2001-2005.

Our town fell here (lower middle in increase, up 13%):

Zip codeCity or townNumber of returns, 2001Average income, 2001Number of returns, 2005Average income, 2005% change in avg. income, 2001-5

01501 Auburn8,080$48,0828,059$54,45213.2

You can sort by various factors. Kind of depressing to sort by largest increase in income you get something like this (Rich getting richer)

02205Boston226$50,5351,101$196,593289.0
02465Newton (West Newton)3,941$97,7075,455$207,217112.1
02111Boston2,089$90,0232,595$167,96086.6
02479Belmont (Waverley)22$37,59125$69,12083.9
02468Newton (Waban)1,703$126,1092,685$230,40082.7
02467Newton (Chestnut Hill)5,417$133,0017,167$239,38080.0
01965Beverly (Prides Crossing)228$236,066233$414,50275.6
02459Newton (Newton Center)5,864$107,7778,649$177,31064.5
01931Gloucester444$42,633308$69,41662.8
02481Wellesley (Wellesley Hills)4,576$226,1806,625$364,28161.1
02461Newton (Newton Highlands)2,193$81,2023,360$129,61559.6
02457Wellesley (Babson Park)126$11,44497$18,26859.6
02493Weston3,350$334,0375,126$531,37459.1


Remember 2001-2005 did have a period of contraction thanks to the 2000 stock bubble (my case) and 9-11 and Katrina aftermath.

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