Massachusetts has attracted people from all over the world since its founding. While it has certainly changed since colonial times, the state continues to draw a diverse population today.
There are many factors pulling people to the state including its location — it’s close to other metropolitan centers like New York — and its diverse economy. When you mix in its natural setting and historical towns, it’s no wonder so many people are choosing to move to the state. Here’s our guide to why you may want to move to Massachusetts. Read on for more!
Top 5 Reasons to Move to Massachusetts
1. It’s A State of Champions
Everybody loves a winner. And boy, does Massachusetts like winning. It seems that not a year goes by when one of its sports franchises isn’t taking home the top prize in their sport. The Patriots are the ranking Super Bowl Champs yet again this year.
The Red Sox have also been celebrating recently with a World Series in 2018. Win or lose, there’s no better place to be than Fenway on a summer day. And in winter, you can take in the Bruins at the Garden.
2. It has ‘Wicked Smart People’
With Harvard University, Boston University, and MIT all within a quick subway trip of each other, it’s no wonder that Massachusetts is known for its brainpower. But you don’t have to be in Boston to take advantage of its world-class learning institutions. There are top-tier public and private universities and colleges throughout the state, including campuses of the University of Massachusetts.
3. Massachusetts Towns are Packed with History
As one of the founding states, Massachusetts is packed with American history and culture. This includes places like Faneuil Hall in Boston, once a meeting-place for independence thinkers like Samuel Adams. It also includes towns like Salem and Concord — both short drives from Boston — that merge history and literature.
4. It’s Magical in the Fall
There is not much that beats fall in New England. The glow of orange just brings out the sparkle in towns like Amherst and Springfield. No wonder people from around the world flock to the Berkshires to watch the leaves turn.
But it’s not just the fall that gives Massachusetts its charm. Summers are sunny and mild. And it has distinct spring and winter seasons.
5. Massachusetts Loves Food
The state has seen an influx of people from around the world that has added to an already strong culinary tradition in the state. This is a coastal state and it’s full of restaurants that take advantage of that.
But don’t be surprised if you find an Indian or Japanese restaurant in any small town throughout the state. There’s never a shortage of choices when it comes to food to go along with a pint of Sam Adams.
Quality of Life
This is one of the most diverse states in the country in almost every category. It has people studying and working in its colleges and industries from around the world. It also has activities and lifestyles just as diverse as its population.
From the nightlife in Boston’s Little Italy to a day on the beach at Cape Cod, there’s something for everyone in Massachusetts. It is also the healthiest place in America, according to CNBC. The television network also listed the state’s inclusiveness as one of the reasons it has such a high quality of life.
Economic Outlook for Massachusetts
One of the driving forces behind Massachusetts’ economy is the educational sector. Harvard alone has an annual budget of $4.5 billion. But its job market is as diverse as the state. There are jobs in the medical field, tourism, high tech, and just about any other industry you can think of.
The good news is that the state is growing and in need of workers (partially due to an aging workforce). In fact, analysts say that one of the main things holding the state from further growth is gaps in the labor force. This need for workers is also driving wages up in the state.
Massachusetts’ Housing Forecast
The housing sector in Massachusetts varies from region to region. The median home value in the state is $407,000. It went up by about 4.7% last year and is expected to top 4% again this year.
But how much you will pay depends greatly on where you decide to move. Or conversely, what sellers can demand for their homes depends on where the home is located. For example, the median home value in Boston is $600,000.
But the median home value is just above $338,000 in Amherst in the western part of the state. Regardless of the price differentials, both housing markets are extremely strong right now and are expected to continue to grow into 2020.
One of the hottest real estate markets in the state right now is Salem. It’s a great choice for people who want to be near all that Boston has to offer, but still want to live in an affordable community. The median price for homes currently listed in Salem is $310,000. The median price of homes sold is $276,000.
There are many towns around Boston that provide housing costs that are about half of that in the city. But residents still have easy access to some of the world’s best dining, sports and cultural activities, like the Boston Symphony Orchestra.
Want to Move to Massachusetts?
The real estate market in Massachusetts varies widely depending on the town and the part of the state. Deciding which neighborhood to choose is just one of the reasons you should always work with a Clever Partner Agent.
They are experts in local conditions in the market and can advise you on any potential pitfalls. They can also let you know about any grant or loan opportunities at the state or federal level that you may be able to use with help on your mortgage, closing costs or down payment.