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

Is Methuen Town, Massachusetts a good place to live?
Methuen Town is a city in Massachusetts state in USA with a population of 50518 residents.. The poverty rate of Methuen Town is 9.1%, which is 35% lower than national average. The typical household in Methuen Town earns $83527 a year, compared to the national median of $67,500. Nearly 30.2% 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 Methuen Town, only 89% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Methuen Town remained 6.6%, which is 40% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Methuen Town, only 30% of adults have a bachelor's degree and 30% have some college but no degree.

Cost of living in Methuen Town is 121, which is 21% higher than national average. Median home value in Methuen Town is $350200 , which is 52% higher than national average. While median income in Methuen Town remained $83527, which is 24% 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
50518
Unemployment
6.6%
40% NAT AVG.
Poverty
9.1%
35% NAT AVG.
Overall Score
7
Median Home Cost
$350200
52% NAT AVG.
Median Income
$83527
24% NAT AVG.
Median Rent
$1276
10% NAT AVG.
Cost Of Living
121
21% NAT AVG.
People Living BPL
1 in 11
Unemployed People
1 in 15
People Earning < $10,000
1 in 24
People Earning < $50,000
30.2%
People with <= High School
1 in 2.5
People With Any Degree
1 in 2.6
Pros & Cons Overview

Jobs80%

Housing90%

Affordability60%

Safety90%

Amenities90%

Diversity90%

Education80%

Commute60%