Located on the Charles River, Back Bay is one the most affluent and iconic neighborhoods in Boston. Back Bay is known for its Victorian architecture, upscale shopping, and lush green spaces, and this Boston neighborhood is considered the most sought after area in the city.
Is Back Bay wealthy?
While Back Bay is considered one of the most wealthy areas in Boston, it also has a fairly high crime rate that is about 62% higher than the national average.
What is the wealthiest part of Boston?
Most Expensive Boston Neighborhoods
- Beacon Hill – $3,181,088.
- Seaport District – $2,831,060.
- Back Bay – $2,541,007.
- Fenway / Kenmore – $2,116,283.
- South End – $1,725,633.
- North End – $1,431, 819.
- West End – $725,959.
How much does it cost to live in Back Bay Boston?
Rent Trends
As of August 2022, the average apartment rent in Back Bay is $2,879 for a studio, $3,343 for one bedroom, $5,380 for two bedrooms, and $7,362 for three bedrooms. Apartment rent in Back Bay has increased by 1.5% in the past year.
What Is Back Bay known for?
Back Bay is most famous for its rows of Victorian Brownstone homes—considered one of the best-preserved examples of 19th-century urban design in the United States—as well as numerous architecturally significant individual buildings, and cultural institutions such as the Boston Public Library. 8.
Who lives in Back Bay Boston?
Who Lives in Back Bay? The population of Back Bay is 21,884. The racial demographics of Back Bay are 73.6% white, 8.3% Hispanic, 6.2% Black or African American, 10% Asian, and 1.9% Mixed or other races.
What is the poorest neighborhood in Boston?
- Total Population* Total in Poverty. Poverty Rate. Percent of Boston’s. Impoverished.
- Harbor Islands. 349. 300. 86.0% 0.2%
- Fenway. 18,959. 8,276. 43.7% 6.7%
- Mission Hill. 14,455. 5,918. 40.9% 4.8%
- Allston. 16,250. 6,013. 37.0% 4.9%
- Roxbury. 43,839. 15,890. 36.2% 12.9%
- Longwood Medical Area. 459. 163. 35.5% 0.1%
- Downtown. 13,269. 3,189. 24.0%
Where do billionaires live in Massachusetts?
In Massachusetts, Boston is home to more billionaires than any other city. A total of 10 billionaires live in Boston with a combined net worth of $33.9 billion. Of Boston residents with a minimum 10-figure net worth, Edward Johnson III is the wealthiest, worth an estimated $7.4 billion.
Is the Back Bay area of Boston Safe?
The Back Bay area of Boston is a wonderful area of town with high-end stores, hotels and restaurants mixed with cute shops and small eateries. It is a very walkable area with access to lots of transportation and is near Fenway Park. We felt very safe during our visit and would not hesitate to pick this area again.
What is a good salary in Boston?
A good salary in Boston, MA is anything over $53,000. That’s because the median income in Boston is $53,000, which means if you earn more than that you’re earning more than 50% of the people living in Boston. The average salary in Boston is $63,751.
Is Back Bay Boston a good place to live?
Back Bay is in Suffolk County and is one of the best places to live in Massachusetts. Living in Back Bay offers residents a dense urban feel and most residents rent their homes. In Back Bay there are a lot of bars, restaurants, coffee shops, and parks.
Where should I not live in Boston?
TRAVELING TO THE UNITED STATES?
- North Dorchester. This neighborhood’s bad reputation on high crime rate and gang activity still stands, making this one of the worst neighborhoods in Boston.
- South Dorchester.
- East Boston.
Where should you not stay in Boston?
Boston is a very safe city for the most part, but like any other city, there are some neighborhoods worth avoiding. I recommend new visitors to Boston avoid Mattapan, Roxbury, Hyde Park, and some parts of Dorchester like Savin Hill as well as most of East Somerville and the northwest part of Charlestown.
What is considered Boston’s Back Bay?
The Neighborhood Association of the Back Bay considers the neighborhood’s bounds to be “Charles River on the North; Arlington Street to Park Square on the East; Columbus Avenue to the New York New Haven and Hartford right-of-way (South of Stuart Street and Copley Place), Huntington Avenue, Dalton Street, and the
Why is it called Back Bay?
The ancient fish traps were discovered during subway construction in 1913. Why is it called Back Bay? Well, you guessed it — Back Bay was literally a tidal bay until a 19th-century filling project transformed it to buildable land.
Is Fenway considered Back Bay?
The Back Bay Fens, often called The Fens, is a parkland and urban wild in Boston, Massachusetts, in the United States. It was established in 1879.
| Back Bay Fens | |
|---|---|
| Wikimedia | © OpenStreetMap | |
| Location | Fenway–Kenmore, Boston |
| Coordinates | 42.3423°N 71.0935°W |
| Created | 1879 |
When was Back Bay filled in?
The filling of the Back Bay lands began in the fall of 1857, much of it by Norman C. Munson and George Goss, who contracted with the Commonwealth of Massachusetts and with the Boston Water Power Company to undertake the work, using fill excavated in Needham and brought by a special railroad line built for that purpose.
Are there poor parts in Boston?
Still, 84 percent of high-poverty tracts in 2016 were located in six cities—Boston, Brockton, Chelsea, Lawrence, Lowell, or Lynn—compared to 91 percent in 1990. In addition, these six cities had 46 percent of the region’s poor population in 2016 and 86 percent of poor living in high-poverty neighborhoods.
What is considered low income in Boston?
Here is a summary of the data for Massachusetts: Low income limit (1-person): $55,950. Low income limit (4-person family): $79,900. 1-bedroom fair market rent: $1,496.
Is South Boston still poor?
A small, densely populated inner-city neighborhood with approximately 33,000 people living in three square miles, South Boston continues to experience the dichotomy of increasing development and property values, gentrification and a rising median income while 1/3 of South Boston’s children and families remain living in
Who is the richest family in Boston?
#1: Abigail Johnson
Forbes.com indicates the following information: Fidelity is the second-largest mutual fund manager in the U.S. after Vanguard, with $4.2 trillion in managed assets. Her grandfather, Edward Johnson II, founded the Boston-based mutual fund giant in 1946.