Question: What is the wealthiest town in Massachusetts?

Where do the rich live in Massachusetts?

1. Weston. The richest town in Massachusetts earns a per capita income of $105,217 and has a dramatically higher median family income of $250,000 or more compared to the other towns. Bloomberg ranked Middlesex Countys Weston town as having the 11thwealthiest zip code in all of the US in 2019.

What is the poorest county in Massachusetts?

Hampden County Hampden County, which ranks as the poorest county in the state, has a median household income of just $55,429, which is about $7,400 below the national median. Higher-paying jobs typically require a well-educated workforce, and many jobs in Hampden County do not require a college degree.

What is the nicest town in MA?

The 10 Most Charming Cities in MassachusettsPlimoth Plantation, Plymouth, MA 02360.Harvard Square, Cambridge, MA 02138.Massachusetts Horticultural Society, Wellesley, MA 02482.Marthas Vineyard, Dukes County, MA.Emily Dickinson Museum, Amherst, MA 01002.Freedom Trail, Boston, MA.More items

What is the wealthiest city in the US?

1. San Jose-Sunnyvale-Santa Clara, CaliforniaMedian household income: $130,865.Median home value: $1,116,400.Apr 20, 2021

Is Massachusetts a poor state?

Massachusetts is one of the richest states in the country, so we ought to be able to provide everyone a basic standard of living. And yet Massachusetts has a poverty rate higher than 24 other states, according to new data released yesterday from the U.S. Census Bureau. Earn less than that and youre officially poor.

How many millionaires live in Massachusetts?

CountyTotal HouseholdsTotal Millionaire HouseholdsPlymouth County, MA185,1945,064Suffolk County, MA276,6557,010Worcester County, MA304,3386,583Total:1,767,62382,0075 more rows

Is Massachusetts a good place to live?

Massachusetts has top ratings when it comes to education and health, safety and quality of life measures. But the state is held back by its affordability score, which is 45th out of 50 states.

Is Massachusetts expensive to live?

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 States high cost of living, where the median price for a home is 70 percent higher than the national figure.

What city has the highest income?

CharacteristicMedian household income in U.S. dollarsSan Francisco city, California123,859San Jose city, California115,893Seattle city, Washington102,486Washington city, District of Columbia92,2669 more rows•Jan 20, 2021

Is Massachusetts the best state to live in?

WalletHubs 2021 ranking of the “Best States To Live In” has Massachusetts at No. 2, right behind The Garden State. The ranking was based on livability factors that “range from housing costs and income growth to education rate and quality of hospitals.” Click here to see the full ranking.

What is considered rich in MA?

Massachusetts is the wealthiest state in the United States of America, with a median household income of $77,378 (as of 2019), per capita income of $41,794 (as of 2018), and a personal per capita income of $39,815 (as of 2003).

What is a good salary in Massachusetts?

While ZipRecruiter is seeing salaries as high as $147,763 and as low as $22,273, the majority of salaries within the Average jobs category currently range between $53,781 (25th percentile) to $80,400 (75th percentile) with top earners (90th percentile) making $97,784 annually in Massachusetts.

Whats the worst place to live in Massachusetts?

The 20 Worst Places to Live in MassachusettsWorcester, Mass. Singhlaw4u cites Worcester as one of the most dangerous cities in the state of Massachusetts. Brockton, Mass. West Springfield, Mass. Holyoke, Mass. New Bedford, Mass. Pittsfield, Mass. Boston, Mass. Lynn, Mass.More items

Why is rent so high in Massachusetts?

The Boston region has some of the highest rents of any major metro area in America. There are multiple reasons for this. High barriers to entry in the sales market. The regions sales market is also one of the most expensive in the nation.

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