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$596.5M53D4MariMed Inc.Healthcare$159.8M66B5Stran & Company, Inc.Communication Services$116.2M59C6Verastem, Inc.Healthcare$30.9M49D7Elcom International Inc.Technology$5.4M——8Candel Therapeutics, Inc.Healthcare$125.0k33D9Worlds Inc.Technology$199——10Xeno Transplants CorporationHealthcare$0——11Corbus Pharmaceuticals Holdings, Inc.Healthcare$045D12Permanent Technologies, Inc.Industrials$0——13MobiVentures, Inc.Real Estate———14NB Bancorp, Inc. Common StockFinancial Services———15McKinley Acquisition CorporationFinancial Services———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 EDGAR17 filings from 6 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.