Boston, MA Community Information

Boston, MA Homes for Sale

Boston Metro and Neighborhood Information

Known as the 'Athens of America,' the Greater Boston area got its name from the various teaching and research activities of more than 100 colleges and universities. America's first college was founded here in 1636, now known as Harvard University. Today, this prestigious school is joined by Boston University, Boston College, Emerson College and Suffolk University. A combined 250,000 students are in attendance in these and other local institutions, contributing $4.5 billion annually to the Boston economy.

As the capital of Massachusetts, Boston was founded on September 17, 1630 by Puritan colonists from England. The city became a hub for many historical sites such as the Boston Harbor, the Boston Tea Party and the Midnight Ride of Paul Revere. These events spurred the American Revolution, making the Bostonians famous for refusing taxation without representation.

Another significant area that still remains hopping today is the Boston Common, the oldest public park in the United States, it is located near the financial district and by a string of parks that encircles the city called the Emerald Necklace. One of the most known landmarks in Boston is Fenway Park. As one of the oldest sports arenas still in use among U.S. professional sports, it is home to the 2004 and 2007 World Series Champions Boston Red Sox. Baseball fans in this town aren't the only ones with bragging rights. The Celtics have won 16 NBA championships – the most for any basketball franchise! The other professional sports teams are the New England Patriots (NFL) and the Boston Bruins (NHL).

'''Family neighborhoods'''

But for many Bostonians, Bean Town is more than just a tourist destination — it's where they like to call home. The median home price in Boston is $380,700. Popular neighborhoods include Scollay Square, Beacon Hill, Roslindale and Kenmore. The Back Bay neighborhood is also home to the city's tallest skyscrapers. Most of the downtown region and immediate surroundings include buildings of low-rise brick and stone with an older Federal-style architecture. The neighborhoods in Boston are perfect for families and sports lovers alike. For those who like to participate in the action, the Boston marathon is the world's oldest marathon and is hosted annually in April. So become part of the action and begin your Boston real estate search today!

Sources and more information:
http://www.cityofboston.gov/residents/
http://en.wikipedia.org/wiki/Boston,_Massachusetts
http://realestate.yahoo.com/Massachusetts/Boston
http://factfinder.census.gov/servlet/SAFFPopulation?_event=Search&_name=boston&_state=04000US25&_county=boston&_cityTown=boston&_zip=&_sse=on&_lang=en&pctxt=fph\

Boston, MA Community Information

Population

402,392

Median Age

31.5

Median Household Income

$48,726

Households with Children

45.53%

Median Travel Time to Work

29 minutes

Boston, MA Real Estate Market Information

Homes Owned

26.41%

Homes Rented

69.39%

Homes Vacant

4.20%

Boston, MA Home Price-Rent Ratio

The price-rent ratio is a great way to compare the costs of buying and renting both within a city and is useful to compare against other cities as well. Technically it is the average cost of ownership divided by the received rent income if buying to let. The formula is House Price / (Monthly Rent x 12).

0:1

Low Home Price-Rent Ratio

High Home Price-Rent Ratio

What does it mean?

1-10

It is less expensive to own than to rent a home in this city depending factors such as length of ownership.

11-20

The total costs of ownership of a home in this city are greater than the costs of renting, but it might still make financial sense depending on the situation.

21 or greater

The total costs of owning a home in this city are greater than the costs of renting depending factors such as length of ownership.

*Note that this index is a broad measure. Contact a local agent to understand local market conditions.

Boston, MA School Information

Elementary Schools

Primary Schools

Middle Schools

Secondary Schools

High Schools

Other Schools

These are the closest schools to your requested location. Proximity does not guarantee enrollment eligibility. Please consult your real estate agent or school district to confirm the schools you are zoned to attend.

Community Age Profile

Community

Transportation

Transportation

Education Levels

Education Levels

Occupation

Occupation

Community

  • Total Population 402,392
  • Total Male Population 198,017
  • Total Female Population 204,375
  • Population change since 2000 296.53%
  • Median age 31.5
  • Percent of households with children 45.53%
  • Personal Crime risk 212

Transportation

  • Median travel time to work 29 minutes
  • Percent using Public transportation 33.74%
  • Percent Driving/Using Carpool 45.56
  • Percent Using Other transportation 18.06%
  • Percent Working From Home 2.64%

Education Levels

  • Some high school 20.35%
  • High school graduate 25.98%
  • Some college 14.08%
  • Associate degree 5.47%
  • Bachelor's degree 19.60%
  • Graduate degree 14.51%

Occupation

  • Agriculture, forestry, and fishing 0.10%
  • Construction 3.84%
  • Manufacturing 5.61%
  • Wholesale Trade 1.52%
  • Retail Trade 7.25%
  • Finance, insurance and real estate 9.94%
  • Services 4.98%
  • Public administration 5.11%
  • Information 3.65%
  • Professional 15.23%
  • Education 26.91%
  • Arts 10.97%

Income

  • Average household income $69,928
  • Income change since 2000 25.16%

Climate

  • Avg. January high/low temp 36.36 / 20.19
  • Avg. July high/low temp 81.57 / 62.90
  • Annual precipitation 46.45
© 2013 HomeFinder.com, LLC Equal Housing Opportunity