Treasurer report states while Massachusetts has top median income in the country, the rich are getting richer and the poor are getting poorer

BOSTON – Treasurer Deborah Goldberg’s Office of Economic Empowerment has released the 2026 Massachusetts Financial Wellbeing Scorecard, a new report offering a comprehensive look at the financial health of residents across the state. The Scorecard provides an overview of key trends and challenges shaping economic wellbeing in Massachusetts.

“Our state is home to a lot of wealth, but our economy still isn’t working equally for everyone,” said Treasurer Goldberg, who founded the Office of Economic Empowerment in 2015. “This Scorecard highlights the challenges many residents face and our ongoing commitment to expand economic stability, opportunity, and security for people across Massachusetts.”

The Scorecard draws on multiple surveys and research studies, including an online survey administered by OEE capturing insights into the experiences of residents. The report shows that while Massachusetts has the highest median income of any U.S. state, many residents do not share in that prosperity. Income gaps and unequal access to wealth-building opportunities continue to drive gender and racial disparities…

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