Boston Stats

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In Massachusetts, 1 in 3 Millenials Live With Their Parents

The hopes and dreams of young adults in the United States usually involve financial success — and total independence from one’s parents. Achieving these dreams is by no means guaranteed. Young adults in the United States usually rely on varying levels of family support to get by. This ranges from help with the phone bill […]

Springfield Is the City in Massachusetts Where Your Car is Most Likely to Be Stolen

Motor vehicle theft in the United States increased significantly in 2016, the first substantial increase in 15 years. Still, last year’s uptick is minuscule when compared to the overall downward trend in car thefts of the past quarter century. In fact, despite an increase of roughly 70 million registered vehicles nationwide since 1991, the 750,000 […]

Electric Bills Are Near the Highest in the Country in Massachusetts

Whether it is powering a refrigerator to keep food from spoiling or heating water for a shower, many of modern life’s most basic functions require electricity. However, the cost of running a refrigerator for a month could be up to three times more expensive depending on the state. To highlight how electricity costs vary across […]

Fatal Accidents Less Common in Massachusetts

Abruptly losing a loved one in an accident is one of life’s greatest tragedies. While often regarded as rare, approximately one American dies in an accident every four minutes. In fact, fatalities from car crashes, drug overdoses, and other accidents are the most common types of death in the first half of an American’s life. […]

Roughly One in Three Adults in Massachusetts Use Only a Cellphone

Americans are steadily abandoning traditional telephone landlines and exclusively using wireless devices. While 8.4% of U.S. households used only cellphones in 2005, this was true of nearly half of all American households only a decade later. The likelihood of living in a cellphone-only household varies considerably across states. New Jersey has the lowest share of […]

Identity Theft More Common in Massachusetts

The risk of identity theft in the United States continues to rise. The incidence of such crimes rose consistently over the last decade, from 246,214 in 2006 to 399,225 last year. The rate of identity theft varies considerably between states. Using the Federal Trade Commission’s 2017 Consumer Sentinel Network Data Book, 24/7 Wall St. reviewed […]

Massachusetts Less Tax-Friendly For Business Than Most States

States compete to attract new businesses, which can generate jobs and contribute to economic growth. While every state levies some form of taxes on businesses, some states are more tax-friendly than others. In addition to other factors, such as the strength of the labor force, a state’s tax code is an important consideration for businesses […]

Gas Prices in Massachusetts Are Lower Than in Most States

The price of gas, a necessity for most Americans, tends to be somewhat unpredictable. The common, often erratic, fluctuations are due to basic supply and demand factors, but the price of gas also changes with the seasons, after natural disasters, and due to other events in the United States or around the world. The average […]

Massachusetts Spends More on Gambling Than Most States

Taking risks is at the heart of the entrepreneurial spirit that is often associated with the American way of life. While not exactly entrepreneurial, perhaps nowhere is risk-taking more apparent than across the U.S. gaming sector. In a given year, state governments together generate nearly $63 billion in revenue from casinos and lotteries. This revenue […]

Why Doctors Earn More in Massachusetts

There are more medical doctors in the top 1% of earners than any other profession. The average salary of family and general practitioners nationwide is $192,120. Doctors who choose to specialize can earn even higher salaries. Anesthesiologists, for example, are among the highest paid medical professionals, earning about $258,000 a year on average. The average […]

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