Wellesley is a medium-sized town located in the state of Massachusetts. With a population of 29,479 people and six constituent neighborhoods, Wellesley is the 65th largest community in Massachusetts. Wellesley has a large stock of pre-World War II architecture, making it one of the older and more historic towns in the country.
Wellesley home prices are not only among the most expensive in Massachusetts, but Wellesley real estate also consistently ranks among the most expensive in America.
Wellesley is a decidedly white-collar town, with fully 97.75% of the workforce employed in white-collar jobs, well above the national average. Overall, Wellesley is a town of professionals, managers, and sales and office workers. There are especially a lot of people living in Wellesley who work in management occupations (20.14%), sales jobs (14.71%), and business and financial occupations (10.97%).
Also of interest is that Wellesley has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 11.05% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
In addition, Wellesley is a college town. There are a lot of students in Wellesley attending college, and as a result Wellesley provides a number of services, amenities and opportunities geared to the needs and activities of students.
Wellesley, while not large, also appears to be attractive to some younger, educated professionals, who help shape the character of the town.
Wellesley 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, Wellesley’s overall crime rate is lower than average for the country.
One downside of living in Wellesley is that it can take a long time to commute to work. In Wellesley, the average commute to work is 30.62 minutes, which is quite a bit higher than the national average. On the other hand, local public transit is widely used in the town, so leaving the car at home and taking transit is often a viable alternative.
For the size of the town, public transportation in Wellesley is quite heavily used. Mostly, people who use it for their daily commute are taking the train. For Wellesley, the benefits are reduced air pollution and congestion on the highways.
Do you like to read, write and learn? If you move to Wellesley, you'll likely find that many of your neighbors like to as well. Wellesley is one of the more educated communities in America, with a full 82.69% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.
The per capita income in Wellesley in 2010 was $79,915, which is wealthy relative to Massachusetts and the nation. This equates to an annual income of $319,660 for a family of four.
Wellesley is a very ethnically-diverse town. The people who call Wellesley home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Wellesley residents report their race to be White, followed by Asian. Important ancestries of people in Wellesley include Irish, Italian, English, German, and Polish.
Foreign born people are also an important part of Wellesley's cultural character, accounting for 15.20% of the town’s population.
The most common language spoken in Wellesley is English. Other important languages spoken here include Chinese and Spanish.