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The total population of Southborough town is estimated to be 10,421 with 4,733 males (45.42%) and 5,688 females (54.58%). There are 955 more females than males in Southborough town.
The median household income in Southborough town was $183,996 in 2021, which marked an an increase of 6,268(3.53%) from $177,728 in 2020. This income is 246.62% 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, Southborough town sees its highest median household income among householders in the age group of 45 to 64 years old, at $248,416. Overall, the median household income for the town of Southborough town stands at $183,996.
In Southborough town, the median income for all workers aged 15 years and older, regardless of work hours, was $99,725 for males and $54,335 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $139,196 for males and $103,137 for females.
In Southborough town, the demographic landscape is diverse, spanning 4 distinct racial categories among households. Among these, Asian households have the highest median household income at $267,958, while Some Other Race households represent the opposite end with the lowest median household income of $168,033.
In 2022, the population of Southborough town was 10,409, a 0.35% decrease year-by-year from 2021. Previously, in 2021, Southborough town's population was 10,446, an increase of 0.05% compared to a population of 10,441 in 2020.
The median age in Southborough, Massachusetts is 42.5, as per 2021 ACS 5-Year Estimates. Of the total population, 22.13% were under the age of 15, 14.72% aged 15 to 29, 49.59% aged 30 to 64, 12.04% aged 65 to 84, and 1.52% were 85 years of age and older.
Racial distribution of Southborough town population: 79.61% are White, 0.66% are Black or African American, 16.36% are Asian, 2.40% are some other race and 0.97% are multiracial.