Here Are The 10 Richest Cities In Massachusetts

If you've ever wondered about the richest cities in Massachusetts, we've done some research -- and the results could surprise you. Here are the wealthiest large towns and cities in the state according to the median income of residents, along with poverty levels and unemployment rates. To keep this list reflective of actual city-sized spots, only communities with more than 12,000 people were considered. Many of these places make great Massachusetts day trip destinations, too.

1. Newton

At the top of the list of expensive places to live in MA is Newton with a median income of $127,402. Newton has a population of 88,317. The unemployment rate is 4.4 percent and the poverty rate is also 4.4 percent.

2. Melrose

Melrose has a median income of $87,712. The town has a population of 27,787. The unemployment rate is 4.3 percent and the poverty rate is 3.8 percent.

3. Franklin Town

Franklin Town is located in Norfolk County and has a median income of $108,815. The town has a population of 32,873. The unemployment rate is 6.2 percent and the poverty rate is 4.2 percent. It’s home to the first library in the country.

4. Woburn

Woburn has a median income of $83,872. The town has a population of 39,220. The unemployment rate is 5.4 percent and the poverty rate is 7.2 percent.

5. Amesbury Town

Amesbury Town has a median income of $75,861. The town has a population of 17,082. The unemployment rate is 5.3 percent and the poverty rate is 5.6 percent.

6. Marlborough

Marlborough has a median income of $72,222. The town has a population of 39,545. The unemployment rate is 4.6 percent and the poverty rate is 7.2 percent.

7. Watertown Town

Watertown Town has a median income of $92,050. The town has a population of 33,849. The unemployment rate is 5.7 percent and the poverty rate is 8.3 percent.

8. Newburyport

Newburyport has a median income of $87,162. The town has a population of 17,837. The unemployment rate is 6.3 percent and the poverty rate is 7.8 percent.

9. Waltham

Waltham has a median income of $82,188. The town has a population of 62,699. The unemployment rate is 5.3 percent and the poverty rate is 10 percent.

10. Braintree Town

Braintree Town has a median income of $85,863. The town has a population of 37,066. The unemployment rate is 6.9 percent and the poverty rate is 5.8 percent.

Thanks again to HomeSnacks for compiling this data. If you want to settle down somewhere nice but don't want to empty your bank account to do it, check out these cheap but awesome places to live in Massachusetts.