1. Boston
Boston retirees have access to all the amenities of a major city, but can easily escape to the beach on a regular basis. Massachusetts General Hospital is ranked 4th in the nation on the U.S. News Best Hospitals Honor Roll, and the subway system makes it easy to get around without driving. The commuter rail can transport you to Singing Beach in Manchester-by-the-Sea, which is named for the sound the sand makes. You can catch a ferry ride to Spectacle Island, take your grandchildren for a ride on the Paragon Carousel at Nantasket Beach in Hull, check out the natural surroundings that inspired Henry David Thoreau at Walden Pond State Reservation or make the drive out to the Cape Cod National Seashore. You can take a look at mortgage rates in Boston and choose between 30-year fixed mortgage rate, 15-year fixed mortgage rate, 5/1 ARM mortgage rate, and 30-year fixed refinance rate. Here is a list of 10 best Boston mortgage lenders of 2020.
Population: 710,195
Median House Value: $487,200
Median Monthly Rent: $1,539
To keep up with this rapid growth, Boston is now attempting to rapidly expand housing with plans for 30,000 new housing units by 2020. The city’s population growth rate of 3.1% is expected to continue through at least 2020, reaching around 780,000 to 790,000 by the next Census in 2020. According to the most recent ACS, the racial composition of Boston was:
- White: 52.58%
- Black or African American: 25.26%
- Asian: 9.64%
- Other race: 7.06%
- Two or more races: 5.10%
- Native American: 0.32%
- Native Hawaiian or Pacific Islander: 0.04%