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Home » United States » What is the wealthiest neighborhood in Boston?

What is the wealthiest neighborhood in Boston?

December 14, 2021 by Sadie Daniel

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.

Contents

What is the wealthiest part of Boston?

Boston’s Richest Neighborhoods

  1. Downtown. Nowhere in Boston is as historic as the community now known as Downtown.
  2. Waterfront. Located along Boston Harbor next to the Financial District, the community of Waterfront is one of the richest areas in Boston.
  3. Charlestown.
  4. South Boston.
  5. Back Bay.
  6. Beacon Hill.
  7. North End.
  8. West End.

Where do wealthy people live in Massachusetts?

The 10 Richest Towns in Massachusetts

  • Boxford. Located in Essex County, the Boston suburb town of Boxford has a population of about 8,000.
  • Lexington.
  • Manchester-by-the-Sea.
  • Winchester.
  • Wellesley.
  • Sudbury.
  • Sherborn.
  • Carlisle.

What is the nicest suburb of Boston?

Best Suburbs of Boston, Massachusetts

  • Southborough. Population: 10,169. Median Home Value: $596,700.
  • Needham. Population: 31,248.
  • Northborough. Population: 15,101.
  • Belmont. Population: 26,330.
  • Brookline. Population: 59,310.
  • Wellesley. Population: 29,673.
  • Shrewsbury. Population: 37,973.
  • Newton. Population: 88,904.

Is Charlestown Boston rich?

The neighbors in the Charlestown neighborhood in Boston are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout’s exclusive analysis reveals that this neighborhood has a higher income than 96.2% of the neighborhoods in America.

Is West Roxbury MA a good place to live?

West Roxbury is in Suffolk County and is one of the best places to live in Massachusetts.In West Roxbury there are a lot of restaurants, coffee shops, and parks. Many families and young professionals live in West Roxbury and residents tend to be liberal. The public schools in West Roxbury are highly rated.

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What is the wealthiest town in MA?

Wellesley
Click here to sign up for our daily coronavirus newsletter. Last year, the data showed that Wellesley was the wealthiest place in Massachusetts. Now, with an estimated median household income of $188,908, Wellesley is in second place behind Dover.

What’s the wealthiest town in Massachusetts?

Weston Town
Cities and Towns

Rank Municipality Type
1 Weston Town
2 Dover Town
3 Sherborn Town
4 Brookline Town

Is Newton MA wealthy?

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%.

Where do Millennials live in Boston?

Many of Boston’s young professionals flock to Cambridgeport, a newer neighborhood right on the Charles River. This neighborhood offers mid-range options for family housing as well as apartment buildings.

What is the bad part of Boston?

Charlestown
For Charlestown, Boston crime, the majority of the crime is shootings and drug dealing, especially at the eastern end. This makes it one of the bad neighborhoods in Boston. Property crime, though better than other neighborhoods, still stands out at 1,632 for every 100,000 residents.

What is the best place to live in Boston?

Best Neighborhoods in Boston for Newcomers

  • Beacon Hill.
  • Back Bay.
  • North End.
  • South End.
  • Allston.
  • Cambridge.
  • Somerville.

Is Easton MA a wealthy town?

Easton profile
Easton is a decidedly white-collar town, with fully 86.36% of the workforce employed in white-collar jobs, well above the national average.The per capita income in Easton in 2018 was $49,603, which is upper middle income relative to Massachusetts, and wealthy relative to the rest of the US.

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What is the poorest neighborhood in Boston?

Boston’s poverty rate, less college students, is 19%. The poverty rate among Boston’s college student population is 28.2%. o 48.6% of college students who are in poverty have children. The neighborhoods with the lowest poverty rates are South Boston Waterfront (3.1%), West Roxbury (5.5%) and Beacon Hill (9.8%).

What is Charlestown famous for?

Charlestown is a tourist destination whose attractions include the architecture and sea. The Charlestown Shipwreck, Rescue and Heritage Centre has also been put up for sale due to the retirement of the owner. The Pier House Hotel is by the harbour; the Rashleigh Arms public house is owned by St Austell Brewery.

Is West Roxbury wealthy?

Home Snacks also lists West Roxbury as one of the richest neighborhoods in Boston in terms of median household income, which is $91,763.

Who lives in West Roxbury?

The majority of the community is White, however, 10% of residents are Black and another 7% are Asian. Latino residents make up the remaining 20% of the district population. Residents of West Roxbury are very well educated! Nearly 98% of people living here have completed high school.

What is West Roxbury known for?

West Roxbury is separated from Roxbury by Jamaica Plain and Roslindale. Founded in 1630 (contemporaneously with Boston), West Roxbury was originally part of the town of Roxbury and was mainly used as farmland.

West Roxbury
County Suffolk
City Boston
Settled 1630
Founded 1851

Where do most millionaires live in Massachusetts?

Aside from the Boston area, there are also other parts of Massachusetts with the highest share of millionaire households. One is Cape Cod with 7.6 percent, and another is the Vineyard Haven with 7.4 percent.

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What is the most expensive home in Massachusetts?

Massachusetts’ Most Expensive Home Is $30M Martha’s Vineyard Retreat.

Who is the richest woman in Massachusetts?

Abigail Johnson
Abigail Johnson is the richest person in Massachusetts and the 27th richest person in America with a net worth of $25.2 billion. She has served as the CEO of Fidelity Investments since 2014, taking over for her father, and has been the company chairman since 2016.

Filed Under: United States Tagged With: Boston, Massachusetts

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About Sadie Daniel

Sadie Daniel is an adventurer at heart. She loves to travel and explore new places. Her thirst for adventure has taken her all over the world, and she's always looking for her next big thrill. Sadie is also a lover of animals, and has been known to rescue stray cats and dogs in her neighborhood. She is a kind-hearted person who enjoys helping others, and she would do anything for her family and friends.

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