Cochituate, Massachusetts
Moving to or Living in Cochituate Pros and Cons, Cost of Living, Crime Rate, Demographics
Living In Cochituate, Massachusetts
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About Cochituate, Massachusetts
Is Cochituate, Massachusetts a good place to live?
Cochituate is a city in Massachusetts state in USA with a population of 6730 residents..
The poverty rate of Cochituate is 1.5%, which is 89% lower than national average.
The typical household in Cochituate earns $175729 a year, compared to the national median of $67,500.
Nearly 10% 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 Cochituate, only 97% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Cochituate remained 2.9%, which is 38% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Cochituate, only 76% of adults have a bachelor's degree and 13% have some college but no degree.
Cost of living in Cochituate is 178, which is 78% higher than national average. Median home value in Cochituate is $670200 , which is 192% higher than national average. While median income in Cochituate remained $175729, which is 160% 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 Cochituate, only 97% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Cochituate remained 2.9%, which is 38% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Cochituate, only 76% of adults have a bachelor's degree and 13% have some college but no degree.
Cost of living in Cochituate is 178, which is 78% higher than national average. Median home value in Cochituate is $670200 , which is 192% higher than national average. While median income in Cochituate remained $175729, which is 160% 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
6730
Unemployment
2.9%
Poverty
1.5%
Overall Score
5
Median Home
$670200
192%
NAT AVG.
Median Income
$175729
160%
NAT AVG.
Median Rent
$0
100%
NAT AVG.
Cost Of Living
178
78%
NAT AVG.
People Living BPL
1 in 67
Unemployed People
1 in 34
People Earning < $10,000
1 in 71
People Earning < $50,000
10%
People with <= High School
1 in 9.1
People With Any Degree
1 in 1.3
Pros & Cons Overview
Jobs90%
Housing10%
Affordability10%
Safety80%
Amenities80%
Diversity80%
Education95%
Commute40%
Cost of Living
Expense | Cochituate | Massachusetts | National Avg. |
---|---|---|---|
Services | 127 | 119 | 100 |
Groceries | 113 | 112 | 100 |
Health | 121 | 123 | 100 |
Housing | 319 | 164 | 100 |
Transportation | 112 | 109 | 100 |
Utilities | 118 | 116 | 100 |
Cost of Living
Gender
Gender | Cochituate | Massachusetts | Country |
---|---|---|---|
Female | 48.5% | 51.5% | 50.8% |
Male | 51.5% | 48.5% | 49.2% |
Gender
Household Income
Income | Cochituate | Massachusetts | Country |
---|---|---|---|
Less than $10,000 | 1.4% | 5% | 5.8% |
$10,000 to $14,999 | 1.1% | 4.1% | 4.1% |
$15,000 to $24,999 | 3.4% | 6.8% | 8.5% |
$25,000 to $34,999 | 1.9% | 6.4% | 8.6% |
$35,000 to $49,999 | 2.2% | 9% | 12.0% |
$50,000 to $74,999 | 5.8% | 13.9% | 17.2% |
$75,000 to $99,999 | 7.4% | 12% | 12.8% |
$100,000 to $149,999 | 17.1% | 18% | 15.6% |
$150,000 to $199,999 | 14.2% | 10.6% | 7.1% |
$200,000 or more | 45.5% | 14.2% | 8.3% |
Education
Education | Cochituate | Massachusetts | Country |
---|---|---|---|
< 9th Grade | 2% | 3% | 5.0% |
9-12th Grade | 1% | 5% | 7.0% |
High School or GED | 8% | 24% | 27.0% |
Other College | 9% | 15% | 20.0% |
Associate's Degree | 4% | 8% | 9% |
Bachelor's Degree | 34% | 25% | 20.0% |
Master's Degree | 26% | 14% | 9.0% |
Professional Degree | 8% | 3% | 2.0% |
Doctorate Degree | 8% | 3% | 1.0% |
Household Income
Education
Race / Ethnicity
Ethnicity | Cochituate | Massachusetts | Country |
---|---|---|---|
White | 78.4% | 70.8% | 60.1% |
African American | 0.1% | 6.8% | 12.2% |
American Indian | 0% | 0.1% | 0.6% |
Asian | 10.9% | 6.7% | 5.6% |
Hawaiian | 0% | 0% | 0.2% |
Other | 0.1% | 0.8% | 0.3% |
Multiracial | 3% | 2.7% | 2.8% |
Hispanic | 7.4% | 12% | 18.2% |