The Great Recession certainly took its toll on cities across the United States. But even with high unemployment rates and declining wages, some communities have done very well for themselves. Portfolio.com surveyed 420 of the largest cities and Newton, MA came in second for highest income.
Excerpts from Portfolio.com: Rich City, Poor City
Newton. MA ranked 2nd.
Median Household Income: $104,493.00.
Median Home Value: $696,300.00
Newton Households Income $200,000 or more: 23%
File Under: Now that’s a good “nabe”