Is Cochituate, Massachusetts a Good Place To Live? - Living In Cochituate, MA
Is Cochituate, Massachusetts a good place to live?
Cochituate is a city in Massachusetts state in USA with a population of 6730 residents..
The poverty rate of Cochituate is 1.5%, which is 89% lower than national average.
The typical household in Cochituate earns $175729 a year, compared to the national median of $67,500.
Nearly 10% of households earn less than $50,000 a year compared to 39% national rate.
A high school education is a basic prerequisite for most jobs, and in Cochituate, only 97% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Cochituate remained 2.9%, which is 38% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Cochituate, only 76% of adults have a bachelor's degree and 13% have some college but no degree.
Cost of living in Cochituate is 178, which is 78% higher than national average. Median home value in Cochituate is $670200 , which is 192% higher than national average. While median income in Cochituate remained $175729, which is 160% 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.
A high school education is a basic prerequisite for most jobs, and in Cochituate, only 97% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Cochituate remained 2.9%, which is 38% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Cochituate, only 76% of adults have a bachelor's degree and 13% have some college but no degree.
Cost of living in Cochituate is 178, which is 78% higher than national average. Median home value in Cochituate is $670200 , which is 192% higher than national average. While median income in Cochituate remained $175729, which is 160% 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.
Population
6730
Unemployment
2.9%
Poverty
1.5%
Overall Score
5
Median Home Cost
$670200
192%
NAT AVG.
Median Income
$175729
160%
NAT AVG.
Median Rent
$0
100%
NAT AVG.
Cost Of Living
178
78%
NAT AVG.
People Living BPL
1 in 67
Unemployed People
1 in 34
People Earning < $10,000
1 in 71
People Earning < $50,000
10%
People with <= High School
1 in 9.1
People With Any Degree
1 in 1.3
Pros & Cons Overview
Jobs90%
Housing10%
Affordability10%
Safety80%
Amenities80%
Diversity80%
Education95%
Commute40%
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