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

Is Woburn, Massachusetts a good place to live?
Woburn is a city in Massachusetts state in USA with a population of 40297 residents.. The poverty rate of Woburn is 5.7%, which is 59% lower than national average. The typical household in Woburn earns $92084 a year, compared to the national median of $67,500. Nearly 23.8% 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 Woburn, only 95% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Woburn remained 5.6%, which is 19% 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 Woburn, only 47% of adults have a bachelor's degree and 22% have some college but no degree.

Cost of living in Woburn is 141, which is 41% higher than national average. Median home value in Woburn is $486600 , which is 112% higher than national average. While median income in Woburn remained $92084, which is 36% 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
40297
Unemployment
5.6%
19% NAT AVG.
Poverty
5.7%
59% NAT AVG.
Overall Score
9
Median Home Cost
$486600
112% NAT AVG.
Median Income
$92084
36% NAT AVG.
Median Rent
$1763
52% NAT AVG.
Cost Of Living
141
41% NAT AVG.
People Living BPL
1 in 18
Unemployed People
1 in 18
People Earning < $10,000
1 in 29
People Earning < $50,000
23.8%
People with <= High School
1 in 3.2
People With Any Degree
1 in 1.8
Pros & Cons Overview

Jobs80%

Housing95%

Affordability40%

Safety80%

Amenities90%

Diversity80%

Education90%

Commute60%