Planning on moving to Wellesley? Worry not! We’ve compiled some of the most important information about relocating to Wellesley so you can be as prepared as possible as well as to help you make an informed decision as to whether Wellesley is the right place for you.
About Wellesley, MA
Wellesley is home to more than 29,000 people and is located in Norfolk County, MA just west of Boston. It is considered one of the best places to live in Massachusetts. The place offers a sparse suburban feel while being close to the city.
Cost of Living in Wellesley, MA
When it comes to the cost of living, Wellesley is well above the national average. The cost of living index in Wellesley is 236 which means it is more expensive to live here than in the average US city. The most notable cost of living factor and the only aspect where Wellesley is below the average is its healthcare costs which are 10.3% below the national average.
While it can be expensive at first glance, Wellesley offers residents a median household average of $214,684 which is nearly four times the national average of $64,994. Given such median household income, residents can cover the costs of living with relative ease while also having extras to suffice for a good quality of life.
Housing Market in Wellesley, MA
The housing market in Wellesley is quite strong with the median home value sitting at $1,715,000. On average, homes are being sold in Wellesley after putting it on the market for only 16 days. In addition, homes have appreciated by 8.9% over the past year which is a good sign for future homeowners and investors.
Most residents own their own homes, with the median home value over $1 million and the median rent around $2,100. This is above the national average of $229,800 for the median home value and $1,096 for the median rent.
Education in Wellesley, MA
If you have children or are planning on starting a family, you’ll be happy to know that Wellesley is home to some of the best schools in the state. After all, education is one of the most important factors that families consider when looking for a place to live.
There are 32 public schools in Wellesley which leaves you a lot of options to choose from. Some of the public schools that receive positive reviews include:
- Wellesley Senior High School
- John D. Hardy Elementary School
- Sprague Elementary School
- Joseph E. Fiske Elementary School
- Ernest F. Upham Elementary School
If you opt to have your kids attend private school, there are also a number of options to consider as there are more than 200 private schools near Wellesley.
Some of the private schools that get great feedback from parents include:
- Commonwealth School
- Noble and Greenough School
- Concord Academy
- Boston University Academy
- St. Mark’s School
Is Wellesley a Safe Place to Live?
According to niche.com, Wellesley is one of the safest places to live receiving a B+ safety grade. The violent crime rate in Wellesley is far below the national average. To give you a better perspective, here’s a breakdown of the crime rate in Wellesley calculated annually per 100,000 residents:
- Assault with 13.9 compared to the national average of 282.7
- Murder with 0 compared to the national average of 6.1
- Rape with 20.9 compared to the national average of 40.7
- Robbery with 0 compared to the national average of 135.5
Concern about the safety of your property? Well, you’ll be glad to know that the property crime rate in Wellesley is below the national average. In fact, it is one of the lowest in the state of Massachusetts. Here’s a look at the property crime rate in Wellesley annually per 100,000 residents:
- Burglary with 66.2 compared to the national average of 500.1
- Theft with 296.3 compared to the national average of 2,042.8
- Motor Vehicle Theft with 20.9 compared to the national average of 284
With these numbers, it is fair to say that Wellesley is a safe place to live.
Jobs in Wellesley, MA
Of course, moving is not complete without considering the job availability in the area. The good news is that Wellesley is home to a number of big businesses and companies. The unemployment rate of Wellesley is 5.8%, which is lower than the national average of 6%.
Healthcare and social assistance together with retail trade and manufacturing are the three biggest industries in Wellesley. These industries account for 13.8%, 11.6%, and 10.4% of the jobs in Wellesley respectively.
Some of the biggest employers in Wellesley include:
- Wellesley College with 1,103 employees
- Sun Life Financial with 1,035 employees
- Babson College with 800 employees
- Harvard Pilgrim Health Care with 446 employees
- Harvard Vanguard Medical Associates with 350 employees
- Massachusetts Bay Community College with 295 employees
- Whole Foods Market with 292 employees
- Wellesley Country Club with 265 employees
- Roche Bros. with 260 employees
- Dana Hall School with 214 employees
Ready for Your Move?
Did we help you get a better understanding of what it’s like to live in Wellesley? If you think this is the perfect place for you, then the next thing you need to do is to find a reliable moving company in Massachusetts.
At Boston Best Rate Movers, we offer different moving services that are sure to cater to the different moving needs of homeowners and business owners alike. From long-distance move to local move as well as storage services, our team of professional movers can help you with it.
For a FREE moving quote, simply give us a call at (857) 997-9207!