Newton MA best places to live Money Magazine

Newton Ranks 15 Best Places to Live 2014 Money Magazine

Newton Ranks #15 for Best Places to Live 2014 according to Money Magazine
Newton, MA
Population: 87,991
Census Region: Northeast
Median Home Income: $150,821
Median Home Price: $740,000
Average Property Tax: $8,580
Projected Job Growth: 4%
201410_BPL_15NEWTON
Pat Molnar

Newton is composed of 13 villages loaded with classic New England charm. Each village has a distinct character, but all have their own elementary schools, pedestrian-friendly shopping centers, parks and playgrounds. More than 25% of households have school-age children and many kids ride their bikes or walk to school, which are known as some of the best in the state.

While Newton is already has a solid base of employers — Boston College, Newton-Wellesley Hospital, Trip Advisor and UPromise, to name a few — the city and neighboring Needham are developing a technology hub dubbed the N-Squared Innovation Corridor to attract even more tech companies. It’s also less than 45 minutes by commuter rail or express bus to downtown Boston.

Each year, the Boston Marathon runs through Newton. Heartbreak Hill, one of the most dastardly difficult legs of the elite 26.2-mile race, is located near City Hall. But the bigger heartbreak for most people is Newton’s lack of affordable housing. Home prices rose sharply the past year and even starter homes run from $500,000 on up, says local realtor Michael Spurr.

 

The Top 15 (a.k.a. Who Beat Us?)

1. McKinney, Texas

2. Maple Grove, Minnesota

3. Carmel, Indiana

4. Castle Rock, Colorado

5. Kirkland, Washington

6. Columbia and Endicott City, Maryland

7. Clarktown, New York

8. Ames, Iowa

9. Rochester Hills, Michigan

10. Reston, Virginia

11. Eagan, Minnesota

12. Woodbury, Minnesota

13. Centennial, Colorado

14. Irvine, California

15. Newton, Massachusetts

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