Is Reading, Massachusetts a Good Place To Live? - Living In Reading, MA
Is Reading, Massachusetts a good place to live?
Reading is a city in Massachusetts state in USA with a population of 25236 residents..
The poverty rate of Reading is 3%, which is 79% lower than national average.
The typical household in Reading earns $131515 a year, compared to the national median of $67,500.
Nearly 19.9% 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 Reading, only 98% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Reading remained 2.7%, which is 43% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Reading, only 64% of adults have a bachelor's degree and 18% have some college but no degree.
Cost of living in Reading is 152, which is 52% higher than national average. Median home value in Reading is $594000 , which is 158% higher than national average. While median income in Reading remained $131515, which is 95% 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 Reading, only 98% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Reading remained 2.7%, which is 43% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Reading, only 64% of adults have a bachelor's degree and 18% have some college but no degree.
Cost of living in Reading is 152, which is 52% higher than national average. Median home value in Reading is $594000 , which is 158% higher than national average. While median income in Reading remained $131515, which is 95% 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
25236
Unemployment
2.7%
Poverty
3%
Overall Score
6
Median Home Cost
$594000
158%
NAT AVG.
Median Income
$131515
95%
NAT AVG.
Median Rent
$1363
18%
NAT AVG.
Cost Of Living
152
52%
NAT AVG.
People Living BPL
1 in 33
Unemployed People
1 in 37
People Earning < $10,000
1 in 100
People Earning < $50,000
19.9%
People with <= High School
1 in 5.6
People With Any Degree
1 in 1.4
Pros & Cons Overview
Jobs90%
Housing90%
Affordability80%
Safety90%
Amenities90%
Diversity60%
Education95%
Commute40%
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