Massachusetts offers some of the richest cities in the US because of its strong economy, esteemed educational institutions, and rich historical legacy. The state is well-known for its high quality of life and wealthy neighborhoods. It includes cities with rich neighborhoods, opulent mansions, and prosperous enterprises. Professionals, businesspeople, and families looking for an extraordinary quality of life are drawn to these cities, which are frequently found close to Boston or along the beautiful coast. Massachusetts provides a fusion of old-world elegance with contemporary affluence, serving as a springboard for some of the wealthiest communities in the country.

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List of the Top 10 Richest Cities in Massachusetts

1. Dover
2. Sherborn
3. Weston
4. Lexington
5. Wellesley
6. Carlisle
7. Hingham
8. Winchester
9. Medfield
10. Wayland

1. Dover

Dover is Massachusetts’ richest town, with a per capita income of $134,000 and a typical house price of $1.6 million. This city, located on the southern banks of the Charles River, is approximately 40 minutes from Boston and is primarily residential. Dover is noted for its highly rated educational systems, safe streets, and pleasant culture, which attract some of Massachusetts’ richest families.

Dover, Massachusetts, is one of the most sought-after and affluent suburbs of Boston, known for its vast homes, rustic appeal, and highly regarded schools. The town’s large lots, old houses, and peaceful surroundings add to its allure, drawing in families and professionals looking for seclusion and elegance. Dover’s ideal location and rising property values are a reflection of its standing as an affluent residential region and its close proximity to Boston, as well as its preservation of natural beauty.

2. Sherborn

Sherborn is one of Massachusetts’ richest communities. It is also located in Middlesex County, which is part of Boston’s MetroWest Region, around 25 miles west of Boston. It has a population of 4,404 and is recognized for attracting older, wealthier inhabitants. The median family income is $242,688, while the per capita income is $110,862. Both are more than double the state average. Sherborn’s average house price is $1.17 million, 63% more than the state average. 

The town of Sherborn, Massachusetts, has an intriguing past that dates back to the 17th century. It was first inhabited by Native American tribes before European settlers arrived in 1652, and it was formally established in 1674. 

The town’s early economy was shaped by small-scale manufacturing and agriculture, and it was involved in the founding of the Massachusetts Bay Colony. Sherborn is renowned for its well-preserved historic mansions, many of which represent the town’s colonial past and date to the 18th and 19th centuries. With a strong focus on community and land conservation, Sherborn has managed to preserve its rural character over time, making it a charming and historically significant section in the Greater Boston area.

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3. Weston

Weston is also one of the wealthiest communities in Massachusetts. This wealthy neighborhood, some 15 miles outside of Boston, has a population of around 11,261 individuals. Weston residents appreciate the town’s approximately 100-mile length of outdoor activities, which include horseback riding, golf, and cross-country skiing. With a per capita income of over $108k and local property prices of an average $2.16 million, Weston is not just one of the wealthiest towns in Massachusetts but also in the United States.

The ancient town of Weston, Massachusetts, is well-known for its wealth and gorgeous surroundings. It was first settled in 1713 as a rural village inside the greater Watertown municipality. Weston’s citizens served in the colonial militia during the American Revolutionary War, which included them. 

Due to its natural beauty and closeness to the city, the town saw the construction of country estates in the 19th century and gained popularity as a getaway for Boston’s elite. Weston became an upscale residential neighborhood as a result of the railroad’s advent, which spurred additional expansion in the region. Weston is one of the richest towns in Massachusetts because of its historic mansions, excellent schools, and dedication to maintaining its rural beauty.

4. Lexington

Lexington is among the richest towns in Massachusetts. Lexington falls within Middlesex County. It is a lovely Boston suburb. The community is around 20 kilometers from downtown. It has 34,454 inhabitants. It is also renowned as one of the richest neighborhoods in the Boston metropolitan region. The median family income is $206,323; the per capita income is $102,776. The average home price exceeds $1.5 million, which is over two times the state average. 

The first American Revolutionary War fight took place in Lexington, Massachusetts, on April 19, 1775, and the town had a significant role in American history. Known as the “Birthplace of American Liberty,” Lexington’s Battle Green witnessed the first gunfire between British forces and local Minutemen. 

Originally a farming village, Lexington was founded in 1713, but because of its historical significance, it has come to represent American independence. The town has maintained its rich history over the ages, as seen by the plethora of monuments, museums, and old mansions that honor its involvement in the Revolution. Lexington is a flourishing suburban city today, valued for its rich cultural heritage, top-notch schools, and strong sense of historical identity.

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5. Wellesley

Wellesley is not just one of the wealthiest but also one of the safest places to live in Massachusetts. This city, which lies somewhat outside of Boston, has a safety rating of 4.6, which is around 30% higher than the state average. Furthermore, Wellesley is a well-liked option for students and young professionals and is home to many state colleges. Although this contributes to the young attitude of the local population, Wellesley’s per capita income of about $97k makes it an attractive neighborhood for affluent families. 

The town of Wellesley, Massachusetts, has a long history centered on community and education. It had first been part of the town of Dedham, then the West Precinct of Needham, and in 1881 it was formally incorporated as Wellesley. The founding of Wellesley College in 1870, which emerged as one of the top women’s institutions in the country, had a big impact on the town’s development. 

Wellesley grew to be a thriving suburban area that attracted Boston’s elite due to its stunning scenery, expansive estates, and outstanding educational facilities. As one of the most sought-after and wealthy suburbs in the Greater Boston region, Wellesley is still recognized today for its charming neighborhoods, excellent schools, and lively town center.

6. Carlisle

Carlisle, a rural town in the northwest of Boston, is home to just 5,181 people and is well-known for the large number of permanently protected natural areas. This little rural town’s residents take pleasure in the surrounding woods, the old buildings, and the laid-back atmosphere. Carlisle continues to be one of the most sought-after communities in all of Massachusetts, with a local per capita income of $91k.

The history of the small, rural town of Carlisle, Massachusetts, dates back to the seventeenth century. Originally a part of Concord, European immigrants founded Carlisle in the 1650s, and the town was formally constituted as a distinct entity in 1805. Known for its agricultural beginnings, Carlisle grew gradually while preserving a strong sense of community and rural identity. 

The town’s long-standing dedication to protecting open space is reflected in its landscape, which is characterized by woods, farmlands, and conservation areas. Carlisle’s history is also connected to its place in the American Revolution, since locals took part in some of the war’s early engagements. As a distinct suburb of the Boston region, Carlisle is still a close-knit community today, appreciated for its tranquil setting, historic homes, and commitment to conservation.

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7. Hingham

Hingham offers a gorgeous northeastern beachfront spanning about 21 square miles, which contributes to the quaint seaside feel of the surrounding area. Bare Cove Park, Black River, the World’s End Peninsula, and Hingham Harbor are a few of the nearby attractions. Furthermore, Hingham’s breathtaking views of the Boston City skyline maintain local real estate values at $1.25 million, solidifying the city’s standing as one of the richest in Massachusetts. 

Hingham, which was first founded in 1635, was a significant player in the Massachusetts Bay Colony’s early growth. The town is renowned for having a long maritime heritage, with fishing and shipbuilding playing major roles in its early economy. The Old Ship Church, the oldest wooden church still in continuous use in America, is one of the well-preserved colonial residences and churches found in Hingham’s historic area. 

Hingham developed into a wealthy suburban area throughout the ages, valued for its picturesque port, extensive history, and vibrant sense of community. It is still a sought-after place today, combining modern living with historical beauty.

8. Winchester

Winchester is another affluent neighborhood with a shoreline. There are several local bodies of water in this city, such as the Aberjona River, Wedge Pond, Winter Pond, and Mystic Lakes. Winchester is ideally situated for commuters, being just a few miles from Boston’s downtown and having access to the MBTA Commuter Rail. Winchester is still considered a posh neighborhood in Boston because of its Victorian architecture and extremely walkable streets, which support property values in the $1.4 million range. 

Originally settled as a portion of Charlestown in the early 1600s, the land was mostly used for agriculture until it was formally incorporated as Winchester in 1850. The town was named for a significant donor, Colonel William P. Winchester. The railroad’s advent in the 19th century, which made the town an attractive residential location for Boston’s affluent professionals, had a considerable impact on the town’s growth. 

Winchester is renowned for its lovely town center, well-maintained Victorian and Colonial-style residences, and top-notch public schools. As one of the wealthiest and most desirable suburbs in the Greater Boston area, Winchester has managed to hold onto its position by placing a significant focus on community and historical preservation.

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9. Medfield

Medfield has numerous beautiful nature reserves in addition to a fantastic assortment of neighborhood eateries and coffee shops. They include the Rocky Woods Reservation, the Medfield Rhododendron Reservation, and the Medfield Charles River State Reservation, which offer outdoor experiences that are suitable for families. Although the average property price in this location is significantly less than in others on this list, the per capita income is around $88k, making the residents of this area among the wealthiest in the state.

After being annexed by Dedham in 1651, Medfield emerged as a separate settlement with an economy based mostly on agriculture. During King Philip’s War in 1676, the town suffered numerous difficulties when Native American soldiers destroyed a large portion of it. Nevertheless, over the ages, Medfield continued to expand and rebuild. Medfield, a sought-after suburban enclave, has managed to hold onto its small-town charm while being recognized for its well-preserved colonial architecture and historic buildings. These days, many in the Boston region choose to live there because of its excellent schools, beautiful surroundings, and tight-knit community.

10. Wayland

Wayland, which is halfway between Boston and Worcester, provides its citizens with a small-town feel while still being near the conveniences of a large metropolis. Locals may take advantage of Wayland’s stunning natural surroundings in addition to the city’s variety of eating, shopping, entertainment, and touring possibilities. It’s understandable why property values in this neighborhood continue to hover above $1.0 million, given the wealth of employment options and excellent local school systems. 

Wayland was first constituted as a distinct town in 1835 after being a part of the bigger town of Sudbury. Wayland, which is renowned for its rustic beauty and rural nature, was formerly an agricultural village but has now developed into a popular suburban location. With a focus on maintaining its natural environment and legacy, the town offers a blend of historic residences and contemporary conveniences. Wayland has a reputation for having top-notch public schools, picturesque lakes, and an active community. Its closeness to Boston enhances its allure and makes it a desirable residential neighborhood that combines historical relevance with modern life.

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Conclusion

Massachusetts has a wide range of wealthy communities that exhibit both historical distinction and modern success. These cities are a perfect example of luxury, history, and a high standard of living, from the majestic estates of Wellesley and Weston to the vibrant academic scene of Cambridge and the historical significance of Lexington. The robust local economies, first-rate educational facilities, and scenic surroundings that draw both families and professionals are the main causes of the concentration of wealth in these locations. While maintaining its distinct identity, each city adds to Massachusetts’s national reputation as the home of some of the most prosperous and attractive cities. These cities are the epitome of Massachusetts’s unique combination of contemporary luxury and historic charm.

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