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

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Stoneham, Massachusetts

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

Stoneham ( STO-nəm) is a town in Middlesex County, Massachusetts, United States, nine miles (14.5 km) north of downtown Boston. Its population was 23,244 at the 2020 census. Its proximity to major highways and public transportation offers convenient access to Boston and the North Shore coastal region and beaches of Massachusetts. The town is the birthplace of the Olympic figure-skating medalist Nancy Kerrigan and is the location of the Stone Zoo.

DEMOGRAPHICS

Population
23625
Unemployment
3.5%
26% NAT AVG.
Poverty
5%
64% NAT AVG.
Cost Of Living
147
47% NAT AVG.

ECONOMICS

Median Home Cost
$526800
129% NAT AVG.
Median Income
$103104
53% NAT AVG.
Median Rent
$1522
31% NAT AVG.
Overall Score
7

CRIME REPORT

Total Crime
178
69% NAT. AVG.
46% STATE AVG.
Violent Crime
19
80% NAT. AVG.
75% STATE AVG.
Property Crime
159
67% NAT. AVG.
38% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 20
Unemployed People
1 in 29
People Earning < $10,000
1 in 29
People Earning < $50,000
24.8%
People With Any Degree
1 in 1.8

ETHNICITY

Ethnicity Stoneham USA
White 85.4% 60.1%
African American 2.6% 12.2%
American Indian 0% 0.6%
Asian 5.4% 5.6%
Hawaiian 0% 0.2%
Multiracial 1.9% 2.8%
Hispanic 4.1% 18.2%
Other 0.5% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Stoneham USA
Less than $10,000 3.4% 5.8%
$10,000 to $14,999 3.7% 4.1%
$15,000 to $24,999 4% 8.5%
$25,000 to $34,999 4.8% 8.6%
$35,000 to $49,999 8.9% 12.0%
$50,000 to $74,999 11.6% 17.2%
$75,000 to $99,999 12.6% 12.8%
$100,000 to $149,999 17.6% 15.6%
$150,000 to $199,999 15.9% 7.1%

EDUCATION

Education Stoneham USA
< 9th Grade 1% 5.0%
9-12th Grade 3% 7.0%
High School or GED 24% 27.0%
Other College 15% 20.0%
Associate's Degree 8% 9%
Bachelor's Degree 29% 20.0%
Master's Degree 16% 9.0%
Professional Degree 2% 2.0%
Doctorate Degree 2% 1.0%
Stoneham is a city in Massachusetts state in USA with a population of 23625 residents.. The poverty rate of Stoneham is 5%, which is 64% lower than national average. The typical household in Stoneham earns $103104 a year, compared to the national median of $67,500. Nearly 24.8% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Stoneham remained 3.5%, which is 26% lower than national rate.

Cost of living in Stoneham is 147, which is 47% higher than national average. In Stoneham, only 49% of adults have a bachelor's degree and 23% have some college but no degree. Median home value in Stoneham is $526800 , which is 129% higher than national average. While median income in Stoneham remained $103104, which is 53% 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.
Stoneham Scorecard

Jobs85%

Housing90%

Affordability60%

Safety85%

Amenities90%

Diversity70%

Education90%

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