Beverly, Massachusetts Housing

Beverly, Massachusetts has a population of 42,600, with a median household income of $94,000.

Current housing data for Beverly.

$520,000

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Population

42,600

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Median Income

$94,000

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Unemployment

4.70%

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Housing Price

$520,000

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Crime Rate

3.50

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Internet Speed

261.00 Mbps

Beverly is a smaller urban community located in Massachusetts. The city has a population that is above the average city population in Massachusetts, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Beverly is a notable city in Massachusetts, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Beverly has a population of 42,600, which is higher than the state average. This indicates a relatively larger urban presence within Massachusetts.

Income and Economy

The median household income in Beverly is $94,000, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Beverly is about $520,000, making it relatively affordable compared to many cities in Massachusetts.

Employment and Safety

The unemployment rate in Beverly is 4.70%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Beverly are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Massachusetts, Beverly shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Overall, Beverly offers a balanced mix of economic conditions, population trends, and housing opportunities within Massachusetts.

Frequently Asked Questions about Beverly

What is the population of Beverly?

The population of Beverly is approximately 42,600.

Is Beverly a good place to live?

Beverly offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Beverly?

The median household income in Beverly is around $94,000.

How expensive is housing in Beverly?

The average housing price in Beverly is approximately $520,000.