Stoneham is a medium-sized town located in the state of Massachusetts. With a population of 24,550 people and five associated neighborhoods, Stoneham is the 89th largest community in Massachusetts.
Housing costs in Stoneham are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in Massachusetts.
Also of interest is that Stoneham has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 24.56% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
In addition, Stoneham is home to many people who could be described as "urban sophisticates". Urban sophisticates are people who are both educated and wealthy, and thus tend to be older, richer, and more established than young professionals. "Urban sophisticates" is not just about being educated and well-off financially: it is a point of view and state of mind, one that you might call 'urbaneness'. But such people can and do regularly live in small towns, suburbs and rural areas, as well as in big cities. They read, support the arts and high-end shops, and love travel.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Stoneham. 55.93% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.
The per capita income in Stoneham in 2022 was $62,866, which is upper middle income relative to Massachusetts, and wealthy relative to the rest of the US. This equates to an annual income of $251,464 for a family of four.
Stoneham is a somewhat ethnically-diverse town. The people who call Stoneham home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Stoneham residents report their race to be White, followed by Asian. Important ancestries of people in Stoneham include Irish, Italian, English, German, and Portuguese.
The most common language spoken in Stoneham is English. Other important languages spoken here include Portuguese and Spanish.