Travel a few miles north of Boston, and you will find the charming city of Beverly, Massachusetts. In 2017, it was nominated as one of the top 100 best places to live in the United States. Because buying a house is an important, long-term investment, the decision must be thought out carefully.
Aside from choosing your dream house, there are other aspects you must consider as well, and see how they suit your personality. See how the city of Beverly, MA fits in your vision of a perfect place to live.
There are roughly 40,952 people living in Beverly as of 2014, with an almost equal distribution of men and women. Compared to the previous years, this number has continued to increase steadily. The median age in this city is 40 years old. Around 60% of people here rent their home, and the rest buy and privately own their property. Beverly’s social composition is ethnically diverse, including many races such as Asian and Hispanic.
Making a successful career in Beverly is a definite possibility as there are many job opportunities in the area. The types of jobs offered are also very divergent. The average household earns around $72,837 annually there. The job growth in Beverly over the next ten years is expected to see a 37% increase.
Over 70% of people in Beverly use a car to get to their jobs, whether it’s driving alone or carpooling. You can expect to spend an average of 27 minutes to reach your place of work. The city of Beverly also provides convenient means of public transportation, including trains and bus shuttles.
Real Estate Value
The median home price in Beverly is $369,600 while renting a property can cost you around $1,102. However, the real estate market is dynamic by nature. This is something that is often confusing for first-time buyers. The only way to understand the fluctuation and learn of the current market condition is to consult with a professional exclusive buyer’s agent.
Local Crime History
No one wants to live in a place where violence is prevalent. According to Neighborhood Scout, the city of Beverly is 67% safer than any other cities in the United States. The incidence of violent crime in the area is very low, nearly half the national median. Burglary, theft, and other property crime is also well below the national average.
Comfort index is a score that measures a year-round comfort of living in an area. The United States as a whole obtained 54 out of 100, and Beverly’s score is at 44. You can see as much as 198 sunny days if you live in Beverly. The highest temperature in summer reaches 80℉ and the coldest winter temperature is as low as 19℉.
Beverly is a city rich in art and history. One of the must-visit spots is the Cabot Street Cinema Theatre, which houses the longest-running magician’s show. Beverly has also been named as the birthplace of the American Industrial Revolution. Here, you can see the site of the first cotton mill in America still standing.
There are many top-notch schools for all ages in Beverly. It is the home of Endicott College and Montserrat College of Art. It is even close to the Ivy League college, Harvard University, in Boston.
Remember, love for a piece of property is not the only factor that will determine whether you will enjoy living in a certain location. A city’s personality, facility, and the possibility of growth are also important and must be considered before making the final decision. To better understand the city of Beverly, MA and the homes for sale in the area, contact a professional exclusive buyer’s agent here at Buyer’s Choice Realty. Our Office: 978-468-2138.