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

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Wellesley, Massachusetts

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

Wellesley () is a town in Norfolk County, Massachusetts, United States. Wellesley is part of Greater Boston. The population was 29,550 at the time of the 2020 census. Wellesley College, Babson College, and a campus of Massachusetts Bay Community College are located in the town.

DEMOGRAPHICS

Population
28747
Unemployment
4.7%
0% NAT AVG.
Poverty
4.2%
70% NAT AVG.
Cost Of Living
216
116% NAT AVG.

ECONOMICS

Median Home Cost
$1212100
427% NAT AVG.
Median Income
$213684
217% NAT AVG.
Median Rent
$2177
88% NAT AVG.
Overall Score
7.5

CRIME REPORT

Total Crime
120
82% NAT. AVG.
69% STATE AVG.
Violent Crime
10
91% NAT. AVG.
89% STATE AVG.
Property Crime
110
80% NAT. AVG.
64% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 24
Unemployed People
1 in 21
People Earning < $10,000
1 in 33
People Earning < $50,000
12.3%
People With Any Degree
1 in 1.2

ETHNICITY

Ethnicity Wellesley USA
White 75% 60.1%
African American 2.4% 12.2%
American Indian 0% 0.6%
Asian 13.6% 5.6%
Hawaiian 0.1% 0.2%
Multiracial 3.4% 2.8%
Hispanic 5.2% 18.2%
Other 0.3% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Wellesley USA
Less than $10,000 3% 5.8%
$10,000 to $14,999 0.5% 4.1%
$15,000 to $24,999 2.7% 8.5%
$25,000 to $34,999 2.7% 8.6%
$35,000 to $49,999 3.4% 12.0%
$50,000 to $74,999 8.4% 17.2%
$75,000 to $99,999 5.1% 12.8%
$100,000 to $149,999 11.4% 15.6%
$150,000 to $199,999 9.7% 7.1%

EDUCATION

Education Wellesley USA
< 9th Grade 2% 5.0%
9-12th Grade 1% 7.0%
High School or GED 5% 27.0%
Other College 6% 20.0%
Associate's Degree 3% 9%
Bachelor's Degree 33% 20.0%
Master's Degree 29% 9.0%
Professional Degree 13% 2.0%
Doctorate Degree 8% 1.0%
Wellesley is a city in Massachusetts state in USA with a population of 28747 residents.. The poverty rate of Wellesley is 4.2%, which is 70% lower than national average. The typical household in Wellesley earns $213684 a year, compared to the national median of $67,500. Nearly 12.3% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Wellesley remained 4.7%, which is 0% lower than national rate.

Cost of living in Wellesley is 216, which is 116% higher than national average. In Wellesley, only 83% of adults have a bachelor's degree and 9% have some college but no degree. Median home value in Wellesley is $1212100 , which is 427% higher than national average. While median income in Wellesley remained $213684, which is 217% 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.
Wellesley Scorecard

Jobs85%

Housing100%

Affordability80%

Safety90%

Amenities90%

Diversity80%

Education95%

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