Needham : Massachusetts

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What it's Like to Retire in Needham

Needham is a well-off suburban town of 29,000 near Boston.  It is home to the Franklin W. Olin College of Engineering, an engineering school.  A nearby town is Wellesley. Photo of Town Hall courtesy of Wikipedia and Magicpiano.

 

Where to Retire in Needham and Home Prices

Needham is a very nice place to live. The median price of a home here was about $700,000 in mid 2013.

 

What is special about Needham

It is very affluent and close to Boston.

 

What is not special about Needham

It is very expensive to live here.

 

Who will like retirement in Needham

People who want to live close to Boston but not in it will like Needham.

 

Local economy is driven by

This is a bedroom community.

 

Climate and Physical Environment

Needham is just outside Boston. The average January temp is in the high 20s and the average July temp is in the low 70s.

 

Restaurants & Cultural Scene

Needham has a nice library and also the Needham Historical Society.

 

Crime

Crime is almost non-existent in Needham.

 

Medical facilities

Needham is close to Boston's world class medical facilities.  Not to mention Beth Israel Deaconess Hospital.

 

Transportation

Commuter rail service from Boston's South Station is provided by the MBTA with four stops in Needham on its Needham Line Needham Heights, Needham Center, Needham Junction and Hersey.

 

Valuable Links

Needham Online

 

What people are saying about Needham

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Facts about NEEDHAM
  • State: MA
  • Environment: Suburban,
  • City Population: 25,001-50,000
  • Median age of Population: 25-44
  • Avg Jan Temperature: 21-40
  • Avg July Temperature: 60-80
  • Median HH Income: 80,000+
  • Average Home Price (MLS): $500,001+
  • Annual Property Tax on a $200,000 house: 2000-4000
  • Total Crime Index: <80 (Very low)
  • Cost of Living Index: 121+ (very high)
  • Culture Index: 101-110 (slightly above average)
  • State Sales Tax: Yes
  • State Income Tax: Yes
  • Name of the Guide: boomer1

Can you add to or correct these Facts? Or do you have a photo of this community we could use? If so, please click on Edit these facts

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