An estimated 10.2% of residents in the Boston-Cambridge-Newton metro area live below the poverty line, a smaller share than both the national poverty rate of 14.7% and the state’s poverty rate of 11.5%. Boston has the second lowest poverty rate of any Massachusetts metro area. A high school education can mean the difference between living […]
Americans often evaluate their home states according to such subjective conditions as climate preference, the presence of friends and family, and personal history. In addition to these subjective measures, more objective socioeconomic factors also contribute to life satisfaction. It is such quantitative measures that can help assess the broader quality of life in a given […]
Total student debt in the United States, at approximately $1.26 trillion, is the second largest consumer debt in the country after mortgages. The average debt of all U.S. college undergraduates, including those who did not take any student loans, is around $16,929 per student, according to new data from student loan news website the Student […]
Going public is often regarded as the final step in a private company’s growth. While a public offering streamlines fund-raising activities and offers many other advantages, many owners prefer to keep control of their companies. 24/7 Wall St. reviewed data from company data reviewer PrivCo to identify the largest company in each state. Based on […]
Alcohol abuse cost the United States $250 billion in 2010, according to a 2015 study from the Centers for Disease Control and Prevention. These costs include health care expenses associated with alcohol consumption as well as estimated lost productivity. Binge drinking was related to three-quarters of the total cost. Residents of different states report different […]
The average resident of the Boston-Cambridge-Newton metro area spends 31.4 minutes commuting to work, longer than both the national average of 26.4 minutes and the statewide average of 29.7 minutes. Boston residents have the longest commute of any metro area in Massachusetts. Two of the main factors that determine commute time are the distance to […]
An estimated 14.0% of adults in the Boston-Cambridge-Newton metro area smoke, lower than the 17.0% national smoking rate and slightly lower than the 14.7% statewide smoking rate. The Boston smoking rate is the second lowest in Massachusetts. According to the Centers for Disease Control, smoking is the number one cause of preventable death in the […]
Violence in the United States has steadily declined for several decades. While the violent crime rate has fallen considerably — from 685 incidents reported per 100,000 Americans in 1995 to the current rate of 383 incidents per 100,000 — the national violent crime rate rose 3.0% last year. 24/7 Wall St. reviewed violent crime rates […]
There are 7,980 people per square mile in the Boston-Cambridge-Newton metro area, higher than the national population density of 6,321 Americans per square mile across all U.S. metro areas. Boston also has the highest population density of any Massachusetts metro area. Population density can have a meaningful impact on home prices in an area. There […]
A typical home in the Boston-Cambridge-Newton, Massachusetts metro area costs $393,000, more than the national median home value of $194,500. The median home value in Boston is also higher than in Massachusetts as a whole, where the typical home is worth $352,100. Residents of areas with more expensive real estate also tend to have relatively […]
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