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

Is Reading, Massachusetts a good place to live?
Reading is a city in Massachusetts state in USA with a population of 25236 residents.. The poverty rate of Reading is 3%, which is 79% lower than national average. The typical household in Reading earns $131515 a year, compared to the national median of $67,500. Nearly 19.9% 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 Reading, only 98% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Reading remained 2.7%, which is 43% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Reading, only 64% of adults have a bachelor's degree and 18% have some college but no degree.

Cost of living in Reading is 152, which is 52% higher than national average. Median home value in Reading is $594000 , which is 158% higher than national average. While median income in Reading remained $131515, 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
25236
Unemployment
2.7%
43% NAT AVG.
Poverty
3%
79% NAT AVG.
Overall Score
6
Median Home Cost
$594000
158% NAT AVG.
Median Income
$131515
95% NAT AVG.
Median Rent
$1363
18% NAT AVG.
Cost Of Living
152
52% NAT AVG.
People Living BPL
1 in 33
Unemployed People
1 in 37
People Earning < $10,000
1 in 100
People Earning < $50,000
19.9%
People with <= High School
1 in 5.6
People With Any Degree
1 in 1.4
Pros & Cons Overview

Jobs90%

Housing90%

Affordability80%

Safety90%

Amenities90%

Diversity60%

Education95%

Commute40%