Detailed List Of The Richest Cities In Massachusetts
| Rank | City | RichScore |
|---|---|---|
| 1 | Newton | 1.67 |
| 2 | Melrose | 3.0 |
| 3 | Newburyport | 6.33 |
| 4 | Braintree Town | 6.67 |
Contents
Where do the wealthy live in Massachusetts?
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 County’s Weston town as having the 11thwealthiest zip code in all of the US in 2019.
What is the wealthiest city in Massachusetts?
Weston Town
Cities and Towns
| Rank | Municipality | Type |
|---|---|---|
| 1 | Weston | Town |
| 2 | Dover | Town |
| 3 | Sherborn | Town |
| 4 | Brookline | Town |
Where do wealthy people live in Boston?
Charlestown
Not only is Charlestown ranked among the wealthiest Boston neighborhoods, but it is also considered one of the best places for families to live in the city. Charlestown can be found directly north of Downtown Boston across the Charles River.
How many Massachusetts millionaires live?
| County | Total Households | Total Millionaire Households |
|---|---|---|
| Plymouth County, MA | 185,194 | 5,064 |
| Suffolk County, MA | 276,655 | 7,010 |
| Worcester County, MA | 304,338 | 6,583 |
| Total: | 1,767,623 | 82,007 |
Why is Massachusetts so wealthy?
Massachusetts is a rich state because it’s full of smart people. What the state lacks in oil reserves, coal mines, and other natural resources, it makes up for with high-performing schools and a well-educated workforce.
Is Arlington MA wealthy?
The per capita income in Arlington in 2018 was $59,073, which is wealthy relative to Massachusetts and the nation. This equates to an annual income of $236,292 for a family of four. Arlington is a very ethnically-diverse town.
Is Boston a rich city?
Boston-Cambridge-Newton, Mass,-N.H.
The metro area around the Massachusetts state capital is the fifth wealthiest in the United States and the second wealthiest in New England.
Is Sudbury MA rich?
Sudbury, MA is an affluent city located about 22 miles west of downtown Boston. Even surrounded by other great cities like Wayland, Maynard, and Concord, this area stands out as one of the top destinations in the state for people looking for an upscale lifestyle.
Is Newton Massachusetts rich?
Newton. With a median income of $127,402, Newton tops the list of the wealthiest Massachusetts cities. The Boston suburb has a healthy population of 88,317 with an unemployment rate of 4.4% and a poverty rate of 4.4%.
What’s the wealthiest neighborhood in Boston?
The 10 Richest Neighborhoods in Boston
- West Roxbury. West Roxbury is often mistaken with Roxbury, although the two are not connected.
- Central. Central is one of the richest neighborhoods in Boston in terms of both property values and household incomes.
- West End.
- North End.
- Charlestown.
- South End.
- Fenway-Kenmore.
- Back Bay.
How many millionaires are there in Boston?
Boston is one of the major metropolitan areas in the country that entered the top three. It has about 7.5 percent of the households in the region with $1 million worth of fortune. That percentage is equal to approximately 139,000 families in Greater Boston in 2016.
Are there many Irish in Boston?
And today, with some 23 percent of Boston’s population claiming Irish ancestry— and many holding positions of power and influence in politics, society and industry—the city retains its place as a center of Irish-American culture and history.
What is a good salary in Massachusetts?
Average Salary in Massachusetts
| Annual Salary | Monthly Pay | |
|---|---|---|
| Top Earners | $97,784 | $8,148 |
| 75th Percentile | $80,400 | $6,700 |
| Average | $74,188 | $6,182 |
| 25th Percentile | $53,781 | $4,481 |
Is Winchester MA wealthy?
It is one of the wealthiest municipalities in Massachusetts and functions largely as a bedroom community for professionals who work in the greater Boston area.The population was 22,970 at the 2020 United States Census.
Is North Andover rich?
The per capita income in North Andover in 2018 was $54,939, which is upper middle income relative to Massachusetts, and wealthy relative to the rest of the US. This equates to an annual income of $219,756 for a family of four. North Andover is a somewhat ethnically-diverse town.
Where do the rich live in New England?
But New Canaan has the highest per capita income, $99,016, in the wealthiest county in the wealthiest state in the union. Greenwich at $91,478 and Darien, at $94,376, came in as Connecticut’s second and third wealthiest towns, according to the Connecticut 2014-15 Adjusted Equalized Net Grand List per Capita.
What’s the wealthiest state in America?
This Is the Richest State in the U.S., According to Data
- New Hampshire.
- Washington.
- Connecticut.
- California. Median household income: $80,440.
- Hawaii. Median household income: $83,102.
- New Jersey. Median household income: $85,751.
- Massachusetts. Median household income: $85,843.
- Maryland. Median household income: $86,738.
Is Massachusetts more expensive than California?
Massachusetts is the third most expensive place to live in America, according to a CNBC Study.The cost to live in Massachusetts is only surpassed by California and the most expensive place to live in the U.S. – Hawaii. New York is fourth on the list.
What is the richest town in Cape Cod?
These five towns are the best for investors.
- Martha’s Vineyard. With approximately 15,000 permanent residents and nearly 100,000 summer residents, the Vineyard is one of the most affluent on the East Coast.
- Chatham. Located in Cape Cod, the town of Chatham is a living dream.
- Nantucket.
- Sandwich.
- Barnstable.
Is Belmont MA wealthy?
The per capita income in Belmont in 2018 was $67,640, which is wealthy relative to Massachusetts and the nation. This equates to an annual income of $270,560 for a family of four. Belmont is a very ethnically-diverse town.
