Most Expensive Reading Neighborhoods
Reading is a medium-sized town located in the state of Massachusetts. With a population of 25,508 people and four constituent neighborhoods, Reading is the 74th largest community in Massachusetts.
Reading home prices are not only among the most expensive in Massachusetts, but Reading real estate also consistently ranks among the most expensive in America.
Reading is a decidedly white-collar town, with fully 89.66% of the workforce employed in white-collar jobs, well above the national average. Overall, Reading is a town of professionals, sales and office workers and managers. There are especially a lot of people living in Reading who work in management occupations (13.70%), office and administrative support (12.29%) and sales jobs (10.35%).
Also of interest is that Reading has more people living here who work in computers and math than 95% of the places in the US.
In addition, Reading is home to many people who could be described as "urban sophisticates". Urban sophisticates are people who are both educated and wealthy, and thus tend to be older, richer, and more established than young professionals. "Urban sophisticates" is not just about being educated and well-off financially: it is a point of view and state of mind, one that you might call 'urbaneness'. But such people can and do regularly live in small towns, suburbs and rural areas, as well as in big cities. They read, support the arts and high-end shops, and love travel.
Reading is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Reading’s overall crime rate ranks among the lowest in the country, making it one of the safest places to raise a family.
For the size of the town, public transportation in Reading is quite heavily used. Mostly, people who use it for their daily commute are taking the train. For Reading, the benefits are reduced air pollution and congestion on the highways.
If knowledge is power, Reading is a pretty powerful place. 56.83% of the adults in Reading have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Reading in 2010 was $47,168, which is wealthy relative to Massachusetts and the nation. This equates to an annual income of $188,672 for a family of four.
The people who call Reading home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Reading residents report their race to be White, followed by Asian. Important ancestries of people in Reading include Irish, Italian, English, German, French Canadian and French.
The most common language spoken in Reading is English.
|NUMBER OF HOMES AND APARTMENTS||9,294|
|READING HOME OWNERSHIP|
|% OWNER OCCUPIED||79.09%|
|% RENTER OCCUPIED||20.91%|
|TYPE OF READING HOMES|
|SINGLE FAMILY DETACHED||71.46%|
|ROWHOUSES AND ATTACHED HOMES||4.64%|
|SMALL APARTMENT BUILDINGS||7.49%|
|COMPLEXES OR HIGH RISE APARTMENTS||16.42%|
|SIZE OF READING HOMES|
|5 OR MORE BEDROOMS||3.85%|
|AGE OF READING HOMES|
|NEWER HOMES (2000 OR LATER)||8.82%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||24.43%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||34.60%|
|HISTORIC (1939 OR BEFORE)||32.16%|
|READING REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$511,591|
|MEDIAN RENTAL PRICE||$1,680|
|HOME VALUE RANGE|
|$0 - $58,000||1.26%|
|$58,001 - $117,000||0.45%|
|$117,001 - $234,000||1.28%|
|$234,001 - $350,000||7.12%|
|$350,001 - $467,000||25.86%|
|$467,001 - $584,000||29.44%|
|$584,001 - $876,000||26.73%|
|$876,001 - $1,168,000||6.79%|
|PEOPLE OF READING||DETAILS|
|UNDER 5 YEARS||5.35%|
|5 TO 17||19.38%|
|18 TO 24||6.34%|
|25 TO 34||10.36%|
|35 TO 54||29.98%|
|55 TO 64||13.81%|
|65 YEARS AND OVER||14.79%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||97.11%|
|MEDIAN HOUSEHOLD INCOME||$103,913|
|PER CAPITA INCOME||$47,168|
|INDIVIDUALS BELOW POVERTY LEVEL||2.37%|
|INDUSTRIES PEOPLE WORK IN||Healthcare (16.22%)
Professional, scientific, and technical services (12.53%)
Public Service (5.89%)
Information Technology (3.47%)
|BLACK OR AFRICAN AMERICAN||1.11%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.09%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.00%|
|SOME OTHER RACE ALONE||0.45%|
|TWO OR MORE RACES||0.91%|
|HISPANIC OR LATINO (OF ANY RACE)||2.82%|
|ETHNICITIES PRESENT||Irish (32.06%)
French Canadian (4.93%)
|LANGUAGES SPOKEN||English (90.18%)
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