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10 Wealthiest Neighborhoods in Massachusetts

By Amanda Weiss

The northeastern United States can be a lovely place in terms of opportunity and variety of lifestyles. And like many other regions, some places tend to be wealthier than others. If you want to live where you can expect a good income, you should pay attention to those trends. While it may take some cash to settle there, you will end up reaping the financial benefits. You can find wealthy neighborhoods in different types of towns and cities all over. If Massachusetts sounds like the state for you, know that you have some great choices available. According to per capita income reports by the U.S. Census Bureau, here are the 10 wealthiest neighborhoods in Massachusetts.

1) Weston

The wealthiest neighborhood in Massachusetts is Weston, a community with a small-town feel. Located in Middlesex County, Weston has over 11,000 residents, according to City-Data. The per capita income here is a hefty $105,217. Therefore, the median home value of over $1,000,000 as reported by Niche, is relatively reasonable. There are so many resources for residents in Weston. These include churches, sports leagues, an arts society, and more. There are also some great schools, so Weston can be a good place to raise kids. Furthermore, it is quite a safe place to live. The crime rate index in Weston is far lower than that of the United States overall, according to City-Data. There is also a lower unemployment rate here than the national average, and it has been on the decline over the last few years.

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2) Dover

Dover is a pretty small Boston suburb that is both wealthy and a well-rated place to live. Residents here make a very comfortable living, with the per capita income being $89,476. Even the median household income is nearly $100,000 above the state median, according to City-Data. The people of Dover are well educated, with City-Data reporting over 99% having graduated high school and over 82% having a bachelor’s degree. Some of the most common industries here include health care, social assistance, and the scientific, professional, and technical fields. Dover residents strive to keep their community in shape with their Recycling Committee. Nature lovers in Dover can spend their time out by the Charles River. Additionally, the Dover Land Conservation Trust works to protect quite a good amount of land in the community.

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3) Carlisle

If you want to live somewhere quiet and open without forfeiting profit, you should consider moving to Carlisle. The town has a rural atmosphere, despite being home to over 5,000 people, as reported by Niche. The most common industries are in the professional, scientific, and technical fields, according to City-Data. That does seem to explain why the per capita income is so high, at $77,585. But despite the residents being in forward-thinking fields, the town itself is has very few businesses. There’s a sense of prioritizing privacy over development here, and that suits some people very well. However, the town does have a public-school system that remains well-funded. Though Carlisle has a slower pace of lifestyle, its residents are provided with the resources to succeed in life.

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4) Sherborn

People looking to settle in a tight-knit community in Massachusetts while still earning big will enjoy Sherborn. This town, which has over 4,100 residents according to City-Data, has an old farm neighborhood atmosphere. People are well-off, with per capita income at $73,420. Not unexpectedly, however, that wealth is offset by the relatively high property taxes. Luckily, despite their financial status, residents do not brag about riches. Niche grants Sherborn an overall A rating, with one of its best attributes being great public schools. According to U.S News & World Reports, the high school is 4th best in the state. In general, this town is a good place for families with children. Sherborn has long been the site of hard cider production which was shipped out internationally. Even today, the town still produces some.

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