Is Marblehead, Massachusetts a Good Place To Live? - Living In Marblehead, MA

Is Marblehead, Massachusetts a good place to live?
Marblehead is a city in Massachusetts state in USA with a population of 20530 residents.. The poverty rate of Marblehead is 3.3%, which is 76% lower than national average. The typical household in Marblehead earns $131293 a year, compared to the national median of $67,500. Nearly 18.5% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Marblehead, only 98% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Marblehead remained 4.2%, which is 11% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Marblehead, only 73% of adults have a bachelor's degree and 15% have some college but no degree.

Cost of living in Marblehead is 165, which is 65% higher than national average. Median home value in Marblehead is $705600 , which is 207% higher than national average. While median income in Marblehead remained $131293, which is 95% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Population
20530
Unemployment
4.2%
11% NAT AVG.
Poverty
3.3%
76% NAT AVG.
Overall Score
6
Median Home Cost
$705600
207% NAT AVG.
Median Income
$131293
95% NAT AVG.
Median Rent
$1562
35% NAT AVG.
Cost Of Living
165
65% NAT AVG.
People Living BPL
1 in 30
Unemployed People
1 in 24
People Earning < $10,000
1 in 34
People Earning < $50,000
18.5%
People with <= High School
1 in 8.3
People With Any Degree
1 in 1.3
Pros & Cons Overview

Jobs85%

Housing95%

Affordability70%

Safety85%

Amenities90%

Diversity50%

Education100%

Commute30%