County profile
Norfolk County, MA
United States · GDP 2024
#72 of 3,127 US counties by GDP59th-percentile growthmore diversified than 99% of counties
EA Place Score
——methodology in progress
GDP 2024 (USD)
$75.1B
BEA · 2024
GDP growth (YoY)
+5.1%
BEA · 2024
Jobs tracked
337,287
Census CBP · 2023
Employers
20,745
Census CBP · 2023
Avg. wage
$81.6k
BLS QCEW · 2023
Population
739,749
Census PEP · 2025
Labor, income & education
Unemployment
3.9%
Median HH income
$130.7k±$2.6k
Bachelor's degree+
58.8%±0.8%
Poverty rate
6.7%±0.4%
Business applications
8,350 · 2025
Retail establishments
2,379
32.3/10k pop
Public companies headquartered here
SEC EDGAR · FMPCompanySectorRevenueEA
1SharkNinja, Inc.Consumer Cyclical$6.4B56C2Tripadvisor, Inc.Consumer Cyclical$1.9B62C3J.Jill, Inc.Consumer Cyclical$596.5M54D4MariMed Inc.Healthcare$159.8M66B5Stran & Company, Inc.Communication Services$116.2M60C6Verastem, Inc.Healthcare$30.9M49D7Elcom International Inc.Technology$5.4M——8Candel Therapeutics, Inc.Healthcare$125.0k33D9Worlds Inc.Technology$199——10Permanent Technologies, Inc.Industrials$0——11Corbus Pharmaceuticals Holdings, Inc.Healthcare$045D12Xeno Transplants CorporationHealthcare$0——13NB Bancorp, Inc. Common StockFinancial Services———14McKinley Acquisition CorporationFinancial Services———15MobiVentures, Inc.Real Estate———HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).
Industry mix · employment
Health care27%
Retail trade21%
Food & accommodation15%
Finance & insurance14%
Professional services12%
Construction11%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
739,749
residents · 2025 · +2.2% since 2020
Income per capita $119.7k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration−12,498
International migration+23,916
Natural change+4,282
GDP trend
2019–2024 · nominal
$56.8B2019
$56.3B2020
$61.5B2021
$66.9B2022
$71.4B2023
$75.1B2024
Real estate & risk
FHFA · ACS · FEMA
Median home value
$683.9k±$5.7k
Median gross rent
$2.1k/mo±$29/mo
Vacancy rate
4.0%±0.3%
Affordability
8.4× wages
Residential permits
$411.0M
1,194 units · 1.6/1k pop
FEMA risk score
92.0
HUD Fair Market Rent (2BR):no HUD FMR published for this area
TOP PERILS · FEMA NRI
Hurricane 92Earthquake 92Ice storm 90
FHFA HOUSE PRICE INDEX · 2016–2025
10202016
10732017
11282018
11712019
12032020
13182021
14832022
15922023
16892024
17402025
RESIDENTIAL PERMITS · 2021–2025
↓ -51% since 20212,4182021
2,3142022
8872023
1,2242024
1,1942025
Transport access
BTS · FAA · USACE
Nearest interstate
1.6 km
I-95
Nearest freight rail
0.3 km
CSXT
Nearest port
21.0 km
C H SPRAGUE DOCK QUINCY TERMINAL(SOUTHERN ARTERY ST.)
Nearest commercial airport
27.8 km
GENERAL EDWARD LAWRENCE LOGAN INTL
Filing activity
SEC EDGAR28 filings from 10 companies here in the last 90 days.
Wage trend
BLS QCEW · 2019–2023$81.6k
avg. annual pay · +20% since 2019
Similar US counties
nearest by GDPNearby & same-state counties
by GDP rankThe read
What is the GDP of Norfolk?
Norfolk's economy produced $75.1B in 2024, growing 5.1% year over year — about the middle of the pack among US counties. Its largest employment sector is health care.
GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.