Quick Answer: Where Is The Most Affordable Place To Live In Massachusetts?

What city in Massachusetts has the highest crime rate?

HolyokeWhere Are The Most Dangerous Cities In Massachusetts?RankCityViolent Crimes Per Capita1Holyoke8582Springfield9053Brockton8204New Bedford6636 more rows•Nov 5, 2020.

What is the most expensive home in Massachusetts?

Take a look inside the most expensive homes for sale in Massachusetts#1 Nantucket county: 260 & 262 Polpis Rd., Nantucket – $35 million.#3 Norfolk county: 55 Leicester St., Brookline – $10 million.#2 Norfolk county: 45 & 53 Strawberry Hill St., Dover – $12 million.More items…•

Why is rent in Boston so expensive?

There are myriad reasons for why Boston rents are so comparatively high. That low supply relative to demand is probably the most significant one (and there are a few reasons for that). Zoning regs in the city and its neighbors is another. The proportion of people in the city who can afford such rents is a reason too.

How much do you need to retire in Massachusetts?

In 2019, the index calculated that Massachusetts was the second most expensive state in which to retire. A couple renting their home and in good health will require $45,252 a year, while a couple that owns their home will need $38,424.

Is Massachusetts a good place to retire?

Often overlooked for warmer and less expensive climates, Massachusetts is a hidden gem of retirement locales. In fact, Bankrate has rated the Bay State number seven on their best states to retire list.

How many billionaires live in Massachusetts?

18 billionairesMassachusetts is home to 18 billionaires, including Robert Kraft, the owner of the New England Patriots. Also, Jim Davis, the Chairman of New Balance, and Fidelity Investments CEO Abigail Johnson both reside in Massachusetts.

What is considered upper class in Massachusetts?

That group of upper class households had a median income of $187,872. In order to be considered “upper class,” according to CNBC, a household must earn over double the median household income.

What is the nicest town in Massachusetts?

Best Towns to Raise Families in MassachusettsAmherst. Amherst is in Hampshire County and has a population of 40,000 people. … Bedford. Bedford is an American historical hub located in Middlesex County. … Springfield. Springfield is the third largest city in Massachusetts. … Lexington. … Brookline. … Medford. … Hull. … North Adams.More items…•

What is the best place to live in Massachusetts?

15 Best Places to Live in MassachusettsWaltham, Massachusetts. Source: BillDamon / Flickr. … Lexington, Massachusetts. Source: Massachusetts Office of Travel & Tourism / Flickr. … Leverett, Massachusetts. Source: Dougtone / Flickr. … Cambridge, Massachusetts. … Winchester, Massachusetts. … Newton, Massachusetts. … Sharon, Massachusetts. … Provincetown, Massachusetts.More items…

What is the most dangerous town in Massachusetts?

Here are the 25 Most Dangerous Cities per Capita in Massachusetts:#8 – Pittsfield. … #7 – Wareham. Population: 22,592. … #6 – Webster. Population: 16,295. … #5 – Tisbury. Population: 4,116. … #4 – Brockton. Population: 95,287. … #3 – Holyoke. Population: 40,178. … #2 – Fall River. Population: 89,066. … #1 – Springfield. Population: 154,306.More items…•

Where is the cheapest place to live in Boston?

Detailed List Of The Cheapest Neighborhoods To Live In Boston For 2020RankNeighborhoodCost Of Living Index1Roslindale1302West Roxbury1423Hyde Park1324South Boston14312 more rows

What is the poorest city in Massachusetts?

Springfield1. Springfield. Springfield, unfortunately, ranks as the poorest place in Massachusetts thanks to combination of low pay and and a lack of jobs. The city of 154,596 people averages the 1st lowest median household income in Massachusetts and the 2nd highest poverty rate.

What is the cheapest town to live in in Massachusetts?

These are the 10 most affordable places to live in Mass., according to a new studyRankCityAffordability Index1Athol, MA36.642Bellingham, MA36.083Longmeadow, MA32.534Palmer Town, MA31.776 more rows•Jun 17, 2020

What is the most expensive town to live in in Massachusetts?

CambridgeTaking A Chunk Out Of Your Paycheck In Massachusetts For 2020. Well there you have it, the places in Massachusetts that have the highest cost of living, with Cambridge ranking as the most expensive city in the Bay State.

What is the whitest town in Massachusetts?

Massachusetts population and racial and ethnic proportionCommunity▴Population 2010WhiteWorcester181,045125,706Woburn38,12032,107Winthrop17,49716,055Windsor89986436 more rows

Why is it so expensive to live in Massachusetts?

Massachusetts is the third most expensive place to live in America, according to a CNBC Study. The Boston area is the driving force behind the Bay State’s high cost of living, where the median price for a home is 70 percent higher than the national figure.

Is living in Boston Expensive?

Overall, the cost of living in Boston is 47% greater than the national average. Boston is more expensive than Chicago, Los Angeles, Phoenix, Miami and Dallas. Only a few cities have Boston beat as far as expensive places to live, a couple of those include New York and San Francisco.

Where’s the best place to raise a family?

Read on to discover the 10 best places to raise a family in the U.S., and what makes them so attractive to families.Naperville, Illinois. … The Woodlands, Texas. … Arlington, Virginia. … Ann Arbor, Michigan. … Columbia, Maryland. … Overland Park, Kansas. … Plano, Texas. … Bellevue, Washington.More items…•

Where do millionaires live in Massachusetts?

The number of millionaires in Worcester, the state’s second-most populous city, declined from 47 in 2014 to 45 in 2015. Tewksbury, Revere, Melrose, Harwich, Dracut, Chelmsford and Bridgewater all increased the number of millionaire residents by at least 100 percent over the three-year span.

What is the richest town in Massachusetts?

Incorporated Cities and TownsRankMunicipalityMedian household income1Weston$192,5632Dover$187,8293Carlisle$160,0344Sherborn$223,44432 more rows

How much money do you need to live comfortably single in Boston?

Turns out the magic number for Boston is a household income of $120,900. That makes Boston one of the pricier big American cities in which to live comfortably (see chart below). From the study: “A Boston apartment with a couple of bedrooms will cost you $2,821 per month, on average.