HomeMassachusettsNorfolk CountyWellesley CDP
Wellesley CDP, Massachusetts: commercial real estate data.
Wellesley CDP is a Census CDP of 30,347 people across 10.02 square miles of land, in Norfolk County. Median household income is $250,001, 84.4 percent of occupied homes are owned, and the SBA record carries 16 7(a) approvals to borrowers here worth $13.5 m.
76 sourced place values · tier FULL · 8 sections
Wellesley
What Wellesley is
- Census place typeCDP
- Land area10.02 sq mi
- Water area0.51 sq mi
- Population per square mile of land3,028
- County holding the largest share of its areaNorfolk County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Wellesley
How many people live in Wellesley
- Population30,347
- Median age37.1
- Population under 187,307
- Share under 1824.1 percent
- Population 65 and over4,691
- Share 65 and over15.5 percent
- Households9,174
- Family households7,013
- Share of households that are families76.4 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Wellesley
Income and work in Wellesley
- Median household income$250,001
- Per capita income$111,798
- Civilian labor force14,132
- Employed13,512
- Unemployed620 plus or minus 170
- Unemployment rate4.4 percent plus or minus 1.2
- Adults 25 and over16,964
- Adults 25 and over with a high school diploma or higher98.8 percent
- Adults 25 and over with a bachelor degree or higher89.0 percent
- Adults 25 and over with a graduate degree56.7 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Wellesley
Housing in Wellesley
- Housing units9,400
- Occupied units9,174
- Vacant units226 plus or minus 117
- Vacancy rate2.4 percent plus or minus 1.2
- Owner occupied7,742
- Renter occupied1,432
- Ownership rate84.4 percent
- Median owner-occupied home value$1,582,700
- Median gross rent, monthly$2,886
- Annual rent as a share of median income13.9 percent
- Single family units7,986
- Share single family85.0 percent
- Units in buildings of two or more1,414
- Share in buildings of two or more15.0 percent
- Mobile homes0
- Median year structure built1955
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Wellesley
How Wellesley gets to work
- Workers 16 and over who commute9,019
- Commuting under 15 minutes2,539
- Share commuting under 15 minutes28.2 percent
- Commuting 30 minutes or more4,084
- Share commuting 30 minutes or more45.3 percent
- Drove alone47.7 percent
- Carpooled3.9 percent plus or minus 1.1
- Public transport5.1 percent plus or minus 1.4
- Walked10.1 percent
- Worked from home32.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Wellesley
SBA 7(a) lending to Wellesley borrowers
- Approvals16
- Gross approval$13,539,600
- Average approval$846,225
- Median approval$400,000
- Ninetieth percentile approval$3,300,000
- Largest approval$5,000,000
- Jobs supported292
- Jobs per approval18.3
- Loans with a final outcome4
- Paid in full4
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more12.5 percent
- Share to franchises18.8 percent
- Distinct lenders9
- Distinct industries by NAICS12
A charge-off rate is not published here. only 4 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Wellesley
SBA 504 lending to Wellesley borrowers
- Approvals1
- Gross approval$2,069,000
- Average approval$2,069,000
- Median approval$2,069,000
- Largest approval$2,069,000
- Jobs supported28
- Loans with a final outcome1
- Charged off0
- Median term300 months
- Distinct CDCs1
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Norfolk County, not Wellesley
Norfolk County context, not Wellesley figures
These are Norfolk County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Wellesley measurements.
- Establishments in Norfolk County20,745
- Employment at those establishments, Norfolk County337,287
- Covered employment, Norfolk County346,327
- Average annual pay, Norfolk County$84,497
- Average weekly wage, Norfolk County$1,625
- Housing units permitted, Norfolk County1,224
- Of those, single family, Norfolk County647
- County product, 2024, Norfolk County$75,071,231,000
- County product change over the prior year, Norfolk County5.1 percent
- Average income of an arriving household, Norfolk County$141,216
Every figure in this section is published for Norfolk County as a whole and is not a measurement of Wellesley. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Wellesley questions, answered from the record.
How many people live in Wellesley, Massachusetts?
30,347, in 9,174 households. Wellesley CDP covers 10.02 square miles of land, which is 3,028 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Wellesley in?
Norfolk County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Wellesley?
$250,001. The median owner-occupied home is valued at $1,582,700. Median gross rent is $2,886 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Wellesley businesses?
16 7(a) approvals totalling $13.5 m, across 9 lenders, median approval $400,000, plus 1 504 approvals worth $2.1 m. These count approvals to borrowers whose address is in Wellesley, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Wellesley borrowers get paid back?
No rate is published for Wellesley. only 4 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Wellesley figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Norfolk County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Wellesley.
Is zoning published for Wellesley?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.