Is Dedham, Massachusetts a Good Place To Live? - Living In Dedham, MA
Is Dedham, Massachusetts a good place to live?
Dedham is a city in Massachusetts state in USA with a population of 25330 residents..
The poverty rate of Dedham is 4.8%, which is 66% lower than national average.
The typical household in Dedham earns $101780 a year, compared to the national median of $67,500.
Nearly 24.1% 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 Dedham, only 94% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Dedham remained 3.7%, which is 21% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Dedham, only 55% of adults have a bachelor's degree and 19% have some college but no degree.
Cost of living in Dedham is 141, which is 41% higher than national average. Median home value in Dedham is $482500 , which is 110% higher than national average. While median income in Dedham remained $101780, which is 51% 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 Dedham, only 94% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Dedham remained 3.7%, which is 21% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Dedham, only 55% of adults have a bachelor's degree and 19% have some college but no degree.
Cost of living in Dedham is 141, which is 41% higher than national average. Median home value in Dedham is $482500 , which is 110% higher than national average. While median income in Dedham remained $101780, which is 51% 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
25330
Unemployment
3.7%
Poverty
4.8%
Overall Score
7
Median Home Cost
$482500
110%
NAT AVG.
Median Income
$101780
51%
NAT AVG.
Median Rent
$1823
57%
NAT AVG.
Cost Of Living
141
41%
NAT AVG.
People Living BPL
1 in 21
Unemployed People
1 in 27
People Earning < $10,000
1 in 29
People Earning < $50,000
24.1%
People with <= High School
1 in 3.8
People With Any Degree
1 in 1.7
Pros & Cons Overview
Jobs85%
Housing95%
Affordability50%
Safety85%
Amenities90%
Diversity80%
Education90%
Commute40%
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