Pros and Cons of Living In Wellesley, Massachusetts. Is Wellesley, MA a Nice Place To Live or Retire?
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 the Greater Boston metropolitan area. 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.
69% STATE AVG.
Violent Crime
10
91%
NAT. AVG.
89% STATE AVG.
89% STATE AVG.
Property Crime
110
80%
NAT. AVG.
64% STATE 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.
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.