Pros and Cons of Living In Beverly, Massachusetts. Is Beverly, MA a Nice Place To Live or Retire?

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Beverly, Massachusetts

Moving to Beverly In Massachusetts ? Is Beverly, MA a Nice Place To Live? Pros and Cons of Living in Beverly, Massachusetts. Find out the best and worst about to live, raise a family or retire in Beverly.

Beverly is a city in Essex County, Massachusetts, United States, and a suburb of Boston. The population was 42,670 at the time of the 2020 United States Census. A resort, residential, and manufacturing community on the Massachusetts North Shore, Beverly includes Ryal Side, North Beverly, Montserrat, Beverly Farms and Prides Crossing. Beverly is a rival of Marblehead for the title of being the "birthplace of the U.S. Navy".

DEMOGRAPHICS

Population
42062
Unemployment
2.6%
45% NAT AVG.
Poverty
10.3%
26% NAT AVG.
Cost Of Living
139
39% NAT AVG.

ECONOMICS

Median Home Cost
$463000
101% NAT AVG.
Median Income
$84354
25% NAT AVG.
Median Rent
$1308
13% NAT AVG.
Overall Score
9.5

CRIME REPORT

Total Crime
223
77% NAT. AVG.
61% STATE AVG.
Violent Crime
60
63% NAT. AVG.
54% STATE AVG.
Property Crime
163
80% NAT. AVG.
63% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 10
Unemployed People
1 in 38
People Earning < $10,000
1 in 26
People Earning < $50,000
32.1%
People With Any Degree
1 in 1.7

ETHNICITY

Ethnicity Beverly USA
White 87.1% 60.1%
African American 2.3% 12.2%
American Indian 0.1% 0.6%
Asian 2.3% 5.6%
Hawaiian 0% 0.2%
Multiracial 2.7% 2.8%
Hispanic 5.4% 18.2%
Other 0.2% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Beverly USA
Less than $10,000 3.9% 5.8%
$10,000 to $14,999 6.7% 4.1%
$15,000 to $24,999 9.5% 8.5%
$25,000 to $34,999 5.1% 8.6%
$35,000 to $49,999 6.9% 12.0%
$50,000 to $74,999 12.3% 17.2%
$75,000 to $99,999 13.5% 12.8%
$100,000 to $149,999 15% 15.6%
$150,000 to $199,999 10.8% 7.1%

EDUCATION

Education Beverly USA
< 9th Grade 2% 5.0%
9-12th Grade 3% 7.0%
High School or GED 23% 27.0%
Other College 13% 20.0%
Associate's Degree 10% 9%
Bachelor's Degree 31% 20.0%
Master's Degree 14% 9.0%
Professional Degree 2% 2.0%
Doctorate Degree 2% 1.0%
Beverly is a city in Massachusetts state in USA with a population of 42062 residents.. The poverty rate of Beverly is 10.3%, which is 26% lower than national average. The typical household in Beverly earns $84354 a year, compared to the national median of $67,500. Nearly 32.1% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Beverly remained 2.6%, which is 45% lower than national rate.

Cost of living in Beverly is 139, which is 39% higher than national average. In Beverly, only 49% of adults have a bachelor's degree and 23% have some college but no degree. Median home value in Beverly is $463000 , which is 101% higher than national average. While median income in Beverly remained $84354, which is 25% 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.
Beverly Scorecard

Jobs85%

Housing90%

Affordability60%

Safety85%

Amenities90%

Diversity60%

Education90%

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