Is Stoneham, Massachusetts a Good Place To Live? - Living In Stoneham, MA

Is Stoneham, Massachusetts a good place to live?
Stoneham is a city in Massachusetts state in USA with a population of 23625 residents.. The poverty rate of Stoneham is 5%, which is 64% lower than national average. The typical household in Stoneham earns $103104 a year, compared to the national median of $67,500. Nearly 24.8% 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 Stoneham, only 96% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Stoneham 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 Stoneham, only 49% of adults have a bachelor's degree and 23% have some college but no degree.

Cost of living in Stoneham is 147, which is 47% higher than national average. Median home value in Stoneham is $526800 , which is 129% higher than national average. While median income in Stoneham remained $103104, which is 53% 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
23625
Unemployment
3.5%
26% NAT AVG.
Poverty
5%
64% NAT AVG.
Overall Score
7
Median Home Cost
$526800
129% NAT AVG.
Median Income
$103104
53% NAT AVG.
Median Rent
$1522
31% NAT AVG.
Cost Of Living
147
47% NAT AVG.
People Living BPL
1 in 20
Unemployed People
1 in 29
People Earning < $10,000
1 in 29
People Earning < $50,000
24.8%
People with <= High School
1 in 3.6
People With Any Degree
1 in 1.8
Pros & Cons Overview

Jobs85%

Housing90%

Affordability60%

Safety85%

Amenities90%

Diversity70%

Education90%

Commute50%