Most Expensive Beverly Neighborhoods
Beverly is a medium-sized coastal city (i.e. on the ocean, a bay, or inlet) located in the state of Massachusetts. With a population of 40,952 people and seven constituent neighborhoods, Beverly is the 38th largest community in Massachusetts. Much of the housing stock in Beverly was built prior to World War II, making it one of the older and more historic cities in the country.
Housing costs in Beverly are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in Massachusetts.
Beverly is a decidedly white-collar city, with fully 86.81% of the workforce employed in white-collar jobs, well above the national average. Overall, Beverly is a city of professionals, sales and office workers and managers. There are especially a lot of people living in Beverly who work in management occupations (13.31%), office and administrative support (12.71%) and sales jobs (11.11%).
Of important note, Beverly is also a city of artists. Beverly has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Beverly’s character.
Also of interest is that Beverly has more people living here who work in computers and math than 95% of the places in the US.
Beverly, while not large, also appears to be attractive to some younger, educated professionals, who help shape the character of the city.
One of the nice things about Beverly is that it is nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Because of this, visitors and locals will often go to these areas to take in the scenery or to enjoy waterfront activities.
Like elsewhere in America, most people in Beverly use a private automobile to get to work. But notably, a substantial number of Beverly‘s citizens do make use of public transit in their daily commute, primarily riding the train. This helps more people get to work with less air pollution, and require fewer highways to get them there.
Beverly is one of the most well-educated cities in the nation. 45.42% of adults in Beverly have at least a bachelor's degree. Compare that to the average community in America, which has just 21.84% with a bachelor's degree or higher.
The per capita income in Beverly in 2010 was $39,471, which is upper middle income relative to Massachusetts, and wealthy relative to the rest of the US. This equates to an annual income of $157,884 for a family of four. However, Beverly contains both very wealthy and poor people as well.
The people who call Beverly home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Beverly residents report their race to be White, followed by Asian. Important ancestries of people in Beverly include Irish, Italian, English, French, German and Polish.
The most common language spoken in Beverly is English.
|NUMBER OF HOMES AND APARTMENTS||15,925|
|BEVERLY HOME OWNERSHIP|
|% OWNER OCCUPIED||56.55%|
|% RENTER OCCUPIED||43.45%|
|TYPE OF BEVERLY HOMES|
|SINGLE FAMILY DETACHED||53.27%|
|ROWHOUSES AND ATTACHED HOMES||2.21%|
|SMALL APARTMENT BUILDINGS||19.25%|
|COMPLEXES OR HIGH RISE APARTMENTS||25.28%|
|SIZE OF BEVERLY HOMES|
|5 OR MORE BEDROOMS||4.12%|
|AGE OF BEVERLY HOMES|
|NEWER HOMES (2000 OR LATER)||3.93%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||24.09%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||30.55%|
|HISTORIC (1939 OR BEFORE)||41.43%|
|BEVERLY REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$421,675|
|MEDIAN RENTAL PRICE||$1,356|
|HOME VALUE RANGE|
|$0 - $58,000||2.81%|
|$58,001 - $117,000||0.48%|
|$117,001 - $234,000||3.87%|
|$234,001 - $350,000||18.44%|
|$350,001 - $467,000||36.71%|
|$467,001 - $584,000||15.84%|
|$584,001 - $876,000||14.30%|
|$876,001 - $1,168,000||3.31%|
|PEOPLE OF BEVERLY||DETAILS|
|UNDER 5 YEARS||4.55%|
|5 TO 17||13.83%|
|18 TO 24||13.00%|
|25 TO 34||12.16%|
|35 TO 54||27.49%|
|55 TO 64||13.53%|
|65 YEARS AND OVER||15.43%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||94.07%|
|MEDIAN HOUSEHOLD INCOME||$73,980|
|PER CAPITA INCOME||$39,471|
|INDIVIDUALS BELOW POVERTY LEVEL||8.56%|
|INDUSTRIES PEOPLE WORK IN||Healthcare (16.98%)
Professional, scientific, and technical services (10.43%)
Information Technology (2.92%)
Public Service (2.59%)
|BLACK OR AFRICAN AMERICAN||1.75%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.10%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.02%|
|SOME OTHER RACE ALONE||0.60%|
|TWO OR MORE RACES||1.25%|
|HISPANIC OR LATINO (OF ANY RACE)||3.48%|
|ETHNICITIES PRESENT||Irish (25.98%)
French Canadian (4.80%)
|LANGUAGES SPOKEN||English (92.48%)
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