What is the most expensive area in Massachusetts?

VINEYARD HAVEN, Mass. — Massachusetts is home to the most expensive town in the United States, according to a new study.

What is the richest area in Massachusetts?

Dover – The Epitome of Wealth in Massachusetts

Nestled in Norfolk County, Massachusetts, Dover stands out as the wealthiest town in the state. With its picturesque landscapes, luxurious residences, and thriving community, Dover exemplifies economic stability and inclusivity.

What is the richest area in Boston?

What is the posh area in Boston?

What is the best city to live in Massachusetts?

Brookline is in Norfolk County and is one of the best places to live in Massachusetts. Living in Brookline offers residents an urban feel and most residents rent their homes. In Brookline, there are a lot of bars, restaurants, coffee shops, and parks.

The Top 10 MOST Expensive Home Sales in Massachusetts In 2022 🤯

What is the safest place to live in Massachusetts?

Clinton was named the safest town in the Bay State, with a “total crime rate that is around 97% lower than the national average,” the ranking said. “The safest place to live in Massachusetts is Clinton,” Property Club wrote. “Clinton is a peaceful and quiet town located in central Massachusetts.”

Why is Massachusetts so expensive to live in?

Massachusetts is often considered expensive due to factors like high housing costs, taxes, and overall cost of living. Its proximity to major cities like Boston drives up housing prices, and property taxes can be relatively high. Additionally, the state has a high income tax rate.

Where do rich people live in Massachusetts?

1. Dover. With a per capita income of $134,000 and a median home price of $1.6 million, the richest town in Massachusetts is Dover. Situated along the southern banks of the Charles River, this city sits about 40 minutes from Boston and is a predominantly residential area.

Where do rich people in Boston live?

Beacon Hill is one of the richest and oldest neighborhoods in Boston. Located just north of Back Bay, this area is known for its charming atmosphere, complete with cobblestone streets, federal-style row houses, and gas street lamps.

What is the poorest area of Boston?

Table 4, Map 1, and Map 2 show the distribution of units by neighborhood. Roxbury has the most income-restricted units as a percent of its total housing stock (54 percent), followed by Chinatown (50 percent), Mission Hill (37 percent), and the South End (33 percent).

Are there billionaires in Boston?

1. Abigail Johnson, age 61, $25.5 billion. Abigail Johnson, the CEO of Boston's Fidelity Investments, was crowned the richest person in Massachusetts on this year's Forbes list. She is the 29th richest person in the U.S., according to the magazine.

What is the poorest town in Massachusetts?

Census data show New Bedford (No. 6) ranks slightly poorer than Fall River (No. 7) As for the poorest in the state, that designation goes to Lawrence, which is followed by Springfield, Amherst, Holyoke and Chelsea. North Adams comes in at No.

Do any billionaires live in Massachusetts?

BOSTON — Seven billionaires who reside in Massachusetts landed on Forbes' 2023 list of the 400 richest people in the United States. As a group, the wealthiest people in the country are $500 billion richer than a year ago, according to Forbes. “America's superrich are riding high again.

Where is the most expensive house in Massachusetts?

Topline. A sprawling Nantucket estate with three buildings, 3.5 acres, 11 bedrooms, a sauna and a $38.1 million price tag has become the most expensive home ever sold in Massachusetts, leading the island off the Cape Cod coast to break its own real estate record, previously held by a $36 million home sold last year.

Where are the most expensive homes in Massachusetts?

Do any celebrities live in Boston?

Other famous faces, such as Dan Aykroyd, Noam Chomsky, and Ted Danson, also call Boston their home. Boston's celebrity scene extends beyond individuals, with notable residences like Tom Brady and Gisele Bundchen's Brookline mansion and Donald Trump and Ivana's former Connecticut chateau.

Who is the wealthiest family in Boston?

Abigail Johnson – Milton

Abigail Johnson, 61, has served as CEO of Fidelity investments since taking the helm from her father, Edward Johnson III, in 2014. Johnson's wealth grew from $21.2 billion to $21.6 billion in 2023, and she is the wealthiest person on the list from Massachusetts, ranking 72nd overall.

What is the most expensive street in Boston?

It's also Boston's premiere destination for dining and shopping. Newbury Street has been called one of the most expensive streets in the world, thanks in large part to the significant cluster of expensive shops on the lower end (by numbered address) nearest Arlington Street.

What is the fanciest town in Massachusetts?

VINEYARD HAVEN, Mass. — Massachusetts is home to the most expensive town in the United States, according to a new study.

Is Massachusetts a rich state?

Massachusetts is the second wealthiest state in the United States of America, with a median household income of $89,026 (as of 2021), and a per capita income of $48,617 (as of 2021).

Is Massachusetts more expensive than New York?

Lower Cost of Living

According to data provided by the World Population Review, it is significantly cheaper to live in Massachusetts than in New York. The lower costs of living come as no surprise since New York City is one of the most expensive places to live in the United States.

Is it more expensive to live in Florida or Massachusetts?

Florida, hands down! Even the major cities of Florida are cheaper than Mass.