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

Is Swampscott, Massachusetts a good place to live?
Swampscott is a city in Massachusetts state in USA with a population of 15184 residents.. The poverty rate of Swampscott is 4.9%, which is 65% lower than national average. The typical household in Swampscott earns $102898 a year, compared to the national median of $67,500. Nearly 25.5% 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 Swampscott, only 99% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Swampscott remained 5.8%, which is 23% 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 Swampscott, only 60% of adults have a bachelor's degree and 22% have some college but no degree.

Cost of living in Swampscott is 149, which is 49% higher than national average. Median home value in Swampscott is $505900 , which is 120% higher than national average. While median income in Swampscott remained $102898, which is 52% 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
15184
Unemployment
5.8%
23% NAT AVG.
Poverty
4.9%
65% NAT AVG.
Overall Score
6
Median Home Cost
$505900
120% NAT AVG.
Median Income
$102898
52% NAT AVG.
Median Rent
$2027
75% NAT AVG.
Cost Of Living
149
49% NAT AVG.
People Living BPL
1 in 20
Unemployed People
1 in 17
People Earning < $10,000
1 in 26
People Earning < $50,000
25.5%
People with <= High School
1 in 5.6
People With Any Degree
1 in 1.5
Pros & Cons Overview

Jobs80%

Housing95%

Affordability40%

Safety80%

Amenities90%

Diversity50%

Education100%

Commute30%