Is Lynnfield, Massachusetts a Good Place To Live? - Living In Lynnfield, MA
Is Lynnfield, Massachusetts a good place to live?
Lynnfield is a city in Massachusetts state in USA with a population of 12968 residents..
The poverty rate of Lynnfield is 4.1%, which is 71% lower than national average.
The typical household in Lynnfield earns $145594 a year, compared to the national median of $67,500.
Nearly 18.8% 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 Lynnfield, only 97% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Lynnfield remained 3.2%, which is 32% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Lynnfield, only 59% of adults have a bachelor's degree and 20% have some college but no degree.
Cost of living in Lynnfield is 167, which is 67% higher than national average. Median home value in Lynnfield is $706300 , which is 207% higher than national average. While median income in Lynnfield remained $145594, which is 116% 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 Lynnfield, only 97% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Lynnfield remained 3.2%, which is 32% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Lynnfield, only 59% of adults have a bachelor's degree and 20% have some college but no degree.
Cost of living in Lynnfield is 167, which is 67% higher than national average. Median home value in Lynnfield is $706300 , which is 207% higher than national average. While median income in Lynnfield remained $145594, which is 116% 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
12968
Unemployment
3.2%
Poverty
4.1%
Overall Score
6
Median Home Cost
$706300
207%
NAT AVG.
Median Income
$145594
116%
NAT AVG.
Median Rent
$1742
50%
NAT AVG.
Cost Of Living
167
67%
NAT AVG.
People Living BPL
1 in 24
Unemployed People
1 in 31
People Earning < $10,000
1 in 29
People Earning < $50,000
18.8%
People with <= High School
1 in 4.8
People With Any Degree
1 in 1.5
Pros & Cons Overview
Jobs90%
Housing95%
Affordability70%
Safety90%
Amenities80%
Diversity60%
Education95%
Commute40%
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