Massachusetts (MA), a state in New England, is known for its capital city of Boston, its many successful sports teams, and its state-wide addiction to Dunkin Donuts. However, it is also a relatively wealthy state, especially in the suburbs of Boston. So, here are the 6 richest towns in MA.
6. Lexington
Set in Middlesex county just outside of Boston, Lexington is one of the richest towns in MA. Only about 20 miles outside of downtown Boston, the town has about 34,000 residents.
Known to be one of the wealthiest towns in the greater Boston area, the median household income is $206,323 and the average price of a home is over $1.5 million, which is more than double the state average.
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5. Winchester
Winchester, also located in Middlesex County, is one of the richest towns in MA. Home to several bodies of water such as the Mystic Lakes, Wedge Pond, Winter Pond, and the Aberjona River, Winchester allows its residents to be near the water while also living in close proximity to downtown Boston.
With a median household income of $208,531 and local Victorian architectural homes worth $1.4 million and more, Winchester is a quite wealthy town in the greater Boston area.
4. Sherborn
Sherbon is another one of the richest towns in MA. Once again, located in Middlesex County, the town is just 25 miles west of downtown Boston.
Though the population is quite small, at just over 4,000 residents, the household median income is $242,688. Also, the average home price is $1.17 million, which is 63% higher than the state average.
3. Wellesley
Wellesley is not only one of the richest towns in MA but also one of the safest. Located just outside of Boston, the town has a safety rating of 4.6, which is about 30% of the state average.
With a median household income of $250,000, Wellesley is a quite wealthy suburb. However, Wellesley is home to multiple higher education institutions, making the town a popular destination for students and academics alike.
2. Weston
Located only 15 miles outside of downtown Boston, Weston is one of the richest towns in MA. This affluent town is home to just over 11,000 residents.
With a median household income of $250,001 and local home values averaging at around $2.16 million, Weston is not only one of the wealthiest towns in Massachusetts, but one of the wealthiest towns in the entire country.
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1. Dover
Dover is the richest town in MA, with a median household income of $250,001.
The town is situated on the southern banks of the Charles River, about 40 minutes from downtown Boston. The community is known for its nationally-ranked school systems, town safety, and a charming, Massachusetts atmosphere, all of which help attract some of the wealthiest families to Dover.
