Amenities
Conveniently located, the area boasts a variety of amenities, including grocery stores, shopping, coffee shops and entertainment options all within walking distance.
Commute
The high commute score in this area could imply easy access to public transportation, as well as shorter-than-average commute times to your workplace.
Crime
This area boasts a crime rate that is far below the national average, making it a very safe place to live. These crime statistics encompass both property and violent offenses.
Employment
With higher than average median household income, income per capita and lower unemployment rates, this area scores extremely well in the employment category.
Housing
Impressive scores in the housing category characterize this area, potentially attributed to the availability of affordable housing, strong appreciation rates and high home values.
Cost Of Living
This area is known for its high cost of living, which means you should anticipate higher costs for everyday goods and services, housing, groceries, and health care.
Located in the state of Massachusetts, Stoneham is a moderately-sized city with a population of 23,625 residents. In Stoneham, there are 3,928 people per square mile, which is well above the national population density average. If we take a look at the last Census, the vast majority of the population falls within one racial group (88% White). Given that fact, Stoneham could be considered less diverse than other cities. An important consideration when living in Stoneham is the longer-than-average commute times. If you seek a short work commute, this area may not be the best choice for you. The one-way commute time here typically takes 30 minutes, far surpassing the national average of 26 minutes.
Without the right tools, relocating to any new area can be very stressful and challenging. Living in Stoneham, Massachusetts could be a good experience for anyone who puts in the time to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. Using the livability score which includes data from categories like amenities, crime, cost of living, commute, you can easily compare the best places to live in Stoneham and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Stoneham to Massachusetts and the national average.
Stoneham has a livability score of 87/100 and is ranked #9 in Massachusetts and #136 in the USA. Compared to the national average, Stoneham ranks among some of the best places to live in the country! The cherry on top is that Stoneham also ranks in the top 10 percent of all cities. If we explore each of the categories individually, we see that Stoneham ranks well for amenities (B+), crime (A+), education (A+) and housing (B+). There are some categories that Stoneham scores poorly for, including: cost of living (F). It might be worth taking a closer look to determine why.
Living in Stoneham offers many benefits and offers an extensive array of local amenities. These amenities play a crucial role in enhancing the quality of life in this vibrant community. From readily accessible grocery stores to charming coffee shops, diverse dining options and generously spaced parks, Stoneham provides a wide spectrum of resources for its residents. This ensures that your daily requirements are effortlessly met and creates abundant opportunities for leisure and recreation. The abundant local offerings contribute to the area's overall appeal, making it an attractive destination for those seeking convenience, variety and a fulfilling lifestyle. If you're considering a move, the wealth of local amenities continues could be a defining feature of this remarkable locale.
The unemployment rate in Stoneham has consistently declined over the years and currently stands well below the national average at 2.5%. This downward trend holds the potential to reduce poverty and inequality within the region, promote higher wage levels and stimulate greater economic growth. Such positive indicators signal the overall robust health of the local economy, offering a promising outlook for its residents and fostering an environment of financial well-being and prosperity.
A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Stoneham excels in the housing sector, scoring high marks based on factors such as median home and rental prices, appreciation rates and home affordability. These calculations suggest that the apartment rental and real estate market in the region is exceptionally healthy, highlighting the area's economic vitality and attractiveness to potential homebuyers and renters.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are attainable, we'll need to know if the real estate in Stoneham is actually affordable. The median home price for Stoneham homes is $526,800, which is 54.5% higher than the Massachusetts average. If we take a closer look at the affordability of homes in Stoneham, we’ll see that the home price to income ratio is 5.1, which is 6.3% higher than the Massachusetts average.
| Statistic | Stoneham | Massachusetts | National |
| Average one way commute | 30min | 29min | 26min |
| Workers who drive to work | 80.8% | 71.1% | 76.4% |
| Workers who carpool | 4.8% | 7.5% | 9.3% |
| Workers who take public transit | 7.7% | 9.9% | 5.1% |
| Workers who bicycle | 0.0% | 0.8% | 0.6% |
| Workers who walk | 0.4% | 4.9% | 2.8% |
| Working from home | 6.1% | 4.7% | 4.6% |
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