Quick Answer: Where Do The Rich Live In Boston?

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..

Is Massachusetts expensive to live in?

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.

Where should I live in downtown Boston?

These neighborhoods tend to be around and near downtown Boston, and include Back Bay, Beacon Hill, Fenway, the South End, South Boston, Dorchester, and Roxbury. Adjoining cities such as Somerville, Cambridge, and Quincy enjoy a greater share of mass-transit options.

Is Boston a safe city?

According to the WalletHub study, Boston is among the top six cities with the highest number of hate crimes per capita. In terms of traffic fatalities, however, Boston is very safe, placing 4th on the list of cities with the fewest traffic fatalities per capita.

What is the whitest town in Massachusetts?

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

What is the poorest city in the United States?

Despite Illinois’ relatively high median annual household income, the state is home to the poorest town in the United States. In Centreville, a small town of about 5,000 just outside of East St. Louis 48.1% of the population lives below the poverty line.

What percentage of Boston is black?

TablePopulationFemale persons, percent 51.9% 50.8%Race and Hispanic OriginWhite alone, percent 52.6% 76.3%Black or African American alone, percent(a) 25.3% 13.4%54 more rows

Why are homes so expensive in Massachusetts?

Perennially high demand. Blame/credit a strong local economy, immigration, and the area’s overall desirability. A corollary to this is that, because demand is so strong and prices so high, generations tend to pass down housing in the Boston area more than in some other places.

What city has the most billionaires?

Here are the 10 cities in the world with the most billionaires:NEW YORK: 92 billionaires.HONG KONG: 71 billionaires.MOSCOW: 70 billionaires.BEIJING: 67 billionaires.LONDON: 56 billionaires.SHANGHAI: 46 billionaires.SHENZHEN: 44 billionaires.MUMBAI: 38 billionaires.More items…•

What are the safest cities in Massachusetts?

The 20 Safest Cities in Massachusetts#1. Hopkinton. Population 18,516. Median Income $113,354. … #2. Franklin. +3. Population 33,156. … #3. Shrewsbury. Population 37,631. Median Income $97,365. … #4. Milton. +16. Population 27,642. … #5. Norton. -3. Population 19,983. … #6. Lexington. New. Population 34,050. … #7. Westford. +3. … #8. Andover. +66.More items…•

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 most expensive neighborhood in Boston?

The Most Expensive Neighborhoods in Boston 2020Beacon Hill. Beacon Hill is one of Boston’s original neighborhoods, and prospective homeowners can expect historic real estate dating back to the city’s colonial roots. … Seaport District. … Back Bay. … Fenway / Kenmore. … South End. … North End. … West End.

What is the wealthiest city in Massachusetts?

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 is the nicest neighborhood in Boston?

Here Are The 7 Most Beautiful, Charming Neighborhoods In BostonBeacon Hill. Flickr/Phil Roeder. … South End. Flickr/Tom Li. … Back Bay. Flickr/Becky McCray. … Jamaica Plain. Flickr/ YU-JEN SHIH. … North End. Flickr/CTG/SF. … Cambridge. Wikimedia Commons/Thomas Steiner. … West Roxbury.

What is the richest part of the US?

These are the top 10 richest places in AmericaAtherton, California. Average household income: $525,324.Scarsdale, New York. Average household income: $452,041.Hillsborough, California. … Cherry Hills Village, Colorado. … Los Altos Hills, California. … Short Hills, New Jersey. … Highland Park, Texas. … Glencoe, Illinois.More items…•

What is the poorest city in MA?

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.

Which is the most beautiful city in America?

The prettiest cities in AmericaHonolulu, Hawaii. Waikiki Beach in Honolulu, Hawaii. … Philadelphia, Pennsylvania. A classic Philly alley in the fall. … Charleston, South Carolina. Charleston, South Carolina. … Annapolis, Maryland. The Annapolis harbor. … Savannah, Georgia. … Madison, Wisconsin. … San Diego, California. … Chicago, Illinois.More items…•

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.

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…•

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

Where do the rich live in Massachusetts?

Many of the state’s wealthiest towns are located in the suburban area around Boston. With a high concentration of wealthy cities and towns just to the west of Boston, in the MetroWest area, and along the northern and southern coastal regions that have easy access to the city, in particular the North Shore of Boston.