Wellesley : Massachusetts

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What it's Like to Retire in Wellesley

Wellesley is an extremely affluent near suburb of Boston. The population is 27,000 and growing.  Wellesley is home to Wellesley College and Babson College, plus a community college. The economy is diverse with several large employers including Sun Life Financial and Roche Brothers. The town has many resources including the famous Wonderful Weekend Festival. Photos courtesy of Wikipedia: Town Center by John Phelan and Wellesley College by Jared and Corin.

 

Where to Retire in Wellesley and Home Prices

It is very expensive to live in Wellesley, where the median household income is over $100,000. The median price of a home in late 2012 was about $800,000. There are active and retirement communities in the area.

 

What is special about Wellesley

The Wonderful Weekend includes fireworks and a veterans parade. Many famous people live here. The Beach Boys performed here in 2008 as a gift by an anonymous donor. There is the Hunnewell Arboretum and the Symphony. Crime is almost non-existent. There is train service to Boston.

 

What is not special about Wellesley

It is very expensive to live here.

 

Who will like retirement in Wellesley

People who want to live in an affluent suburb and college town next to Boston will like it here.

 

Local economy is driven by

Babson College, Wellesley College, and several large corporations employ thousands of people here.

 

Climate and Physical Environment

Wellesley is about 7 miles from Boston. The average January temp is in the mid to high 20s and the average July temp is in the mid 70s.

 

Restaurants & Cultural Scene

There are many restaurants to choose from. The 2 colleges provide plenty of culture, as does the Wellesley Symphony Orchestra.

 

Crime

The crime rate is extremely low in Wellesley.

 

Medical facilities

Nearby Boston has some of the world's top hospitals, plus all the medical specialists.

 

Transportation

Several MBTA stations offer rail service, plus bus service, to Boston.

 

Valuable Links

Town of Wellesley

 

What people are saying about Wellesley

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Facts about WELLESLEY
  • State: MA
  • Environment: Suburban,College Town,
  • 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: Less than 2000
  • Total Crime Index: 81-90 (low)
  • Cost of Living Index: 121+ (very high)
  • Culture Index: 111-120 (high)
  • State Sales Tax: Yes
  • State Income Tax: Yes
  • Name of the Guide: john

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