The per capita income in Plymouth in 2018 was $48,944, which is upper middle income relative to Massachusetts, and wealthy relative to the rest of the US. This equates to an annual income of $195,776 for a family of four.
Is Plymouth a rich town?
Many of the state’s wealthiest towns are located in the suburban area around Boston.
Cities and Towns.
| Municipality | Cohasset |
|---|---|
| County | Plymouth |
| Per capita income | $55,322 |
| Median household income | $76,750 |
| Median family income | $106,250 |
Where do the most millionaires live in Massachusetts?
While much of the state’s most expensive properties are set in Boston, many of the most affluent of Massachusetts’ residents live outside the city in smaller towns like Dover, Sherborn and Carlisle. One such town, Weston, is the wealthiest.
Is Plymouth MA a nice place to live?
Plymouth, Massachusetts is a stunning town providing residents with a perfect blend of rich history and modern amenities. Ideally located amongst beautiful natural settings, the Plymouth area offers lovely coastal living, a variety of friendly neighborhoods, well-rated schools and much more!
What is the average income in Plymouth MA?
Table
| Population | ||
|---|---|---|
| Mean travel time to work (minutes), workers age 16 years+, 2016-2020 | 31.8 | 30.0 |
| Income & Poverty | ||
| Median household income (in 2020 dollars), 2016-2020 | $92,757 | $84,385 |
| Per capita income in past 12 months (in 2020 dollars), 2016-2020 | $48,944 | $45,555 |
What is the richest town in Massachusetts?
Dover is one of the wealthiest towns in Massachusetts. Located in Norfolk county, Dover has a population of 5,923. Home to some of the most affluent residents of Massachusetts, Dover has a median household income of over $250,000.
1. Dover, MA.
| Median Household Income | $250,000+ |
|---|---|
| Median Home Value | $1,008,600 |
What is considered wealthy in Massachusetts?
For example, in Massachusetts, where only households earning at least $171,600 are in the top 20%, goods and services are about 10% more expensive than they are on average nationwide, according to RPP data from the Bureau of Economic Analysis.
Who is the richest family in Massachusetts?
BOSTON – Patriots owner Robert Kraft and Fidelity president Abigail Johnson are among seven Massachusetts billionaires featured on the Forbes 400 Richest People in America list for 2022. Johnson has the highest net worth among Massachusetts residents at $20.5 billion, No.
What is the top 1% in Massachusetts?
Massachusetts
- Top 1% income threshold:$810,256.
- Top 5% income threshold:$314,389.
What city do most billionaires live in?
San Francisco has the most billionaire residents of any city, and New York has the most millionaires.
What is the richest part of Plymouth?
Property here fetches prices of just under half a million (£497,000). And our winner in top spot is Custom House Lane, located in Millbay. This road is so exclusive that I can’t even take a sneak peak at what £542,000 could buy.
What is living in Plymouth MA like?
Living in Plymouth offers residents a sparse suburban feel and most residents own their homes. In Plymouth there are a lot of restaurants, coffee shops, and parks. Many young professionals and retirees live in Plymouth and residents tend to lean liberal.
What is the nicest place to live in Massachusetts?
- Boston. Officially the capital city of the Commonwealth of Massachusetts, Boston is considered to be the 24th most populous city in the country with a population of over 684,000 people.
- Cambridge.
- Worcester.
- Newton.
- Salem.
What is Plymouth MA known for?
The town holds a place of great prominence in American history, folklore, and culture, and is known as “America’s Hometown“. Plymouth was the site of the colony founded in 1620 by the Mayflower Pilgrims, where New England was first established.
Are taxes high in Plymouth MA?
Plymouth County has one of the highest median property taxes in the United States, and is ranked 92nd of the 3143 counties in order of median property taxes. Personal Property FAQs – Massachusetts 36 Days.
Is Massachusetts a rich or poor state?
In summary
| Rank | State | State revenue per capita |
|---|---|---|
| 1 | Connecticut | 10,947 |
| 2 | Massachusetts | 10,706 |
| 3 | New York | 14,499 |
| 4 | Alaska | 14,013 |
What is the nicest town in Massachusetts?
Northampton. Northampton is considered to be one of the prettiest towns across the state of Massachusetts.
Where do the rich live in New England?
At $3.7 Million, Back Bay Zip Code is Most Expensive in Massachusetts and New England
| Rank | Zip Code | Location |
|---|---|---|
| 1 | 02199 | Boston |
| 2 | 02481 | Wellesley Hills |
| 3 | 02493 | Weston |
| 4 | 02108 | Boston |
What is the smartest town in Massachusetts?
Perhaps surprisingly, however, the top ranked city in Massachusetts, Lexington, does not have any colleges or universities located within its borders. The proximity of the city to top universities, along with the cities high performing schools, can perhaps explain its position as the smartest city in Massachusetts.
What salary is upper class?
Based on Pew’s analysis, a household of three would need an income of $156,600 to meet the definition of upper class, which it defines as household incomes more than double the national median.
Why is Massachusetts so rich?
Massachusetts is rich and here’s why: It is a global leader in biotechnology, engineering, higher education, finance, and maritime trade. The entire Commonwealth of Massachusetts has played a powerful commercial and cultural role in the history of the United States.