Is Lexington, Massachusetts a Good Place To Live? - Living In Lexington, MA
Is Lexington, Massachusetts a good place to live?
Lexington is a city in Massachusetts state in USA with a population of 33304 residents..
The poverty rate of Lexington is 3.2%, which is 77% lower than national average.
The typical household in Lexington earns $185686 a year, compared to the national median of $67,500.
Nearly 13.9% 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 Lexington, only 99% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Lexington remained 3.5%, which is 26% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Lexington, only 86% of adults have a bachelor's degree and 8% have some college but no degree.
Cost of living in Lexington is 190, which is 90% higher than national average. Median home value in Lexington is $933800 , which is 306% higher than national average. While median income in Lexington remained $185686, which is 175% 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 Lexington, only 99% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Lexington remained 3.5%, which is 26% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Lexington, only 86% of adults have a bachelor's degree and 8% have some college but no degree.
Cost of living in Lexington is 190, which is 90% higher than national average. Median home value in Lexington is $933800 , which is 306% higher than national average. While median income in Lexington remained $185686, which is 175% 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
33304
Unemployment
3.5%
Poverty
3.2%
Overall Score
7.5
Median Home Cost
$933800
306%
NAT AVG.
Median Income
$185686
175%
NAT AVG.
Median Rent
$2431
110%
NAT AVG.
Cost Of Living
190
90%
NAT AVG.
People Living BPL
1 in 31
Unemployed People
1 in 29
People Earning < $10,000
1 in 36
People Earning < $50,000
13.9%
People with <= High School
1 in 16.7
People With Any Degree
1 in 1.1
Pros & Cons Overview
Jobs90%
Housing100%
Affordability70%
Safety90%
Amenities85%
Diversity85%
Education100%
Commute50%
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