Question: What Is The Richest Town In Massachusetts?

What is the richest county in Massachusetts?

Norfolk CountyNo surprises here: Norfolk County, home to Brookline, Medfield, Wellesley and the like, is the richest county in Massachusetts.

That’s according to 24/7 Wall St., a financial news and opinion site that said the county’s median household income of $95,668 gives it top billing..

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 are the wealthiest towns in Massachusetts?

At the end of the day, here’s the set of the 10 richest places in Massachusetts for 2020:Newton (Photos | Homes For Sale)Melrose (Photos | Homes For Sale)Newburyport (Photos | Homes For Sale)Franklin Town (Photos | Homes For Sale)Woburn (Photos | Homes For Sale)Watertown Town (Photos | Homes For Sale)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

How many millionaires are in Massachusetts?

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

What is considered rich in Massachusetts?

Boston residents say it takes more than $2.5 million to be considered wealthy, according to the Charles Schwab report. Charles Schwab this week released its 2018 Modern Wealth Index, which looks at how Americans across the country are managing their money and investing for the future.

What is the poorest town 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 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 most dangerous city 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…•

Who is the most poorest man on earth?

man Jerome KervielThe world’s poorest man Jerome Kerviel has handed himself in to French authorities. Jerome Kerviel, the ex-Societe Generale trader who has more debt than anyone else in the world, has turned himself in to French authorities to begin a three-year jail sentence.

What is the most expensive town in Massachusetts?

The 10 Most Expensive Places To Live In Massachusetts For 2020Cambridge.Boston.Somerville.Revere.Everett.Malden.Chelsea.Winthrop Town.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.

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 a nice place to live?

The state’s economy is strong, thanks in large part to its booming high-tech industry, educated population and staple sectors such as agriculture, trade and fishing. This diversity of industries makes Massachusetts an excellent place to live for just about anyone.

Where is the cheapest rent in Massachusetts?

North AdamsWith a median rent of $736, North Adams has the cheapest rent on this list. Not to mention that it’s more than three times cheaper than the average rent in Massachusetts. North Adams also boasts the cheapest homes in the state, with a median price tag of $144,300.