Two Massachusetts cities make Money Magazine’s 2022 Best Places to Live list MABA Massachusetts HomeBuyers RealEstate
Two Massachusetts communities made Money Magazine’s 2022 fifty Best Places to Live in the U.S. list. Somerville and Milton made the publication’s annual ranking of top places to live. Communities on the list were ranked based on economic opportunities, quality of life, diversity and where the best futures lie. Somerville made the top ten, ranking No seven. Noted for its annual celebration of fluff invented in the city in the 1900’s with its annual “What the Fluff” festival. The city with a population of seventy nine thousand, boasts everything from the Museum of Bad Art to shopping at Assembly Row, the LEGOLAND Discovery Center and as Money magazine says “There’s something for everyone in this northeast Boston ‘burb.”
Located just outside Boston, Somerville has some of the most affordable home prices in the area, a well-rated school district and is one of the safest cities in the country, according to the report. The city’s new Department of Racial and Social Justice was also noted for its work to eliminate inequities in the community, in local policing and public safety efforts. The city also has a Youth Justice League to connect local teens on these topics.Milton ranked seventeenth on the list. The city with a population of twenty eight htousand is home to the Blue Hill Observatory & Science Center, which is located within the seven thousand acre Blue Hills Reservation and has been in operation since 1885.
While it’s more affordable than other area suburbs, the price to live in Milton is higher than the national median, but that’s offset by low crime rates and highly rated schools. Slightly farther north and just over the Massachusetts state line, Nashua, New Hampshire, also made the list, coming in at No forty four, where it also ranked in 2021. It had one of the lowest unemployment rates of cities on the list at two point three percent. It also benefits from New Hampshire’s lack of income, sales and estate taxes, yet homeowners pay around two percent in property taxes, one of the highest in the U.S. Low- and moderate-income homeowners can benefit from the state’s property tax relief program.
Money Magazine’s methodology included looking at cities and towns with populations of at least twenty thousand and those with populations that were at least eighty five percent as racially diverse as the state and had a median household income of at least eight five percent of the state median. Next, approximately three hundred and fifty pieces of data were gathered on each place, totaling more than four hundred and eight thousand data points which were then grouped into nine primary ranking factors measuring cost of living, diversity, economic opportunity, education, fun and amenities, health and safety, housing market, income and personal finance, and quality of life.
The post Two Massachusetts cities make Money Magazine’s 2022 Best Places to Live list appeared first on Boston Agent Magazine.
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