Boston, MA is truly a remarkable city, and we’re not just saying that because we’re diehard Celtics fans. Nicknamed “Beantown”, or “Olde Town” due to the city’s status as one of the US’s oldest cities, Boston, MA is an exciting city that offers both residents and visitors alike a wealth of opportunity. Indeed, the city is notable due to its flourishing economy, and its abundance of attractions, including numerous cultural visits, live sports attractions, and a bustling and innovative culinary scene. So, are you a prospective mover considering living in Boston, MA this year? Look no further! Read our definitive Boston city-guide and discover what makes Beantown such a terrific city!
Median Home Value: $532,700
Median Household Income: $71,115
Largely considered a “global city” by leading economists, Boston is placed among the top 30 most economically powerful cities in the world, and the city is known for its diverse and thriving economy centered around a variety of industries. Indeed, estimated at nearly $375 billion, the Greater Boston metropolitan area has the sixth-largest economy in the country and 12-th largest in the world. Fittingly, the city is host to a number of prominent and influential companies, including 16 Fortune 500 companies, its largest being General Electric, Liberty Mutual Insurance Group, Massachusetts Mutual Life Insurance, TJX, Raytheon, and Thermo Fisher Scientific.
Overall, the majority of Boston MA’s economy is centered around the healthcare, education, finance, insurance, and high-tech industries. Notedly, education is at the forefront, and the city and its surrounding metro area is host to a number of prominent universities and educational institutions, including MIT, Harvard University, and Boston College, among many others. These colleges and universities exert a significant impact on the regional economy, and it is noted that the city’s colleges attract more than 350,000 college students from around the world, who contribute more than US$4.8 billion annually to the city’s economy. Additionally, these educational institutions serve to provide the highly-educated workforce necessary for the city’s numerous employers.
As previously mentioned, finance and insurance is one of the larger industries in Boston, making up 11.8% of total employment in 2010, a figure that has since risen to account for nearly 15% of the state’s overall output. Notable financial companies include the Federal Reserve Bank of Boston, MassMutual, Blueleaf.com, and Fidelity Investments. Overall, this industry has a significant impact on the city’s economy, with the Boston Planning & Development Agency noting that Boston’s finance and insurance industry employs more than 78,000 people, a figure that accounts for nearly 15% of the city’s overall workforce.
Moving forward, Boston is expected to continue its trend of growth, a notion influenced by the emergence of the biotech and green-energy industries within the city, as well as the city’s continued access to a highly-educated and skilled workforce as supplied by the city’s resident universities. Are you a prospective mover considering living in Boston, MA this year? Be sure to take note of the city’s diverse and thriving economy prior to planning your visit!
Historically, Boston, MA has a rich sports history, and the city is noted as one of the few cities carrying teams in all major North American professional sports leagues, those being the Boston Celtics of the NBA, the New England Patriots of the NFL, the Boston Bruins of the NHL, the Boston Red Sox of the MLB, and the New England Revolution of MLS. Overall, sports are a major part of the city’s culture, and the area’s fans are widely known for their fanatical devotion to the city’s regional professional sports teams. In turn, Boston’s area sports teams have rewarded their fanbase with a remarkable level of success over the years. Indeed, since their debut in 1901, the Boston Red Sox have taken home 9 World Series, the Boston Bruins have won 6 Stanley Cups since 1924, the New England Patriots have won 6 Super Bowls, and the Boston Celtics are the winningest team in NBA history, winning 17 NBA titles since 1946. Visiting the area this year? Consider taking in a game at one of the city’s many sports stadiums.
Beyond live sports, Boston, MA is host to a number of significant events throughout the year, including the Arlington International Film Festival, the Boston Science Fiction Film Festival, and perhaps the city’s signature annual event, the Boston Marathon. Originally established in 1897, the Boston Marathon is an annual marathon race hosted by several cities in greater Boston in eastern Massachusetts, United States. Overall, this is one of the oldest and most prestigious marathon races in the world, and the race is known to attract professional runners from all over the world, and hundreds of thousands of Massachusetts residents gather to watch and cheer on the runners, who range from first-time participants to well-known athletes.
Are you a prospective mover considering living in Boston, MA this year? Be sure to take note of the city’s many live attractions before planning your visit, including the city’s premier professional sports teams like the Boston Red Sox and the New England Patriots.
Culturally, Boston, MA is a robust and varied city, and the city is notable due to its large number of performance arts centers, museums, theaters, parks and more. Pictured above, the Boston Museum of Fine Arts is of particular significance, and the museum is noted to be 14th-largest art museum in the world. Indeed, MFA Boston boasts a significant gallery area displaying more than 450,000 works of art, making it one of the most comprehensive collections in the Americas. Overall, the collection spans a wide variety of art movements and cultures, with highlights that include:
Considering a visit? Be sure to check MFA Boston’s Program Calendar prior to planning your trip. The Museum is noted to hold special exhibits, guest speakers, and workshops throughout the year.
Additionally, beyond the city’s art scene, Boston, MA is noted for its extensive history with the performance arts, and the city is celebrated for its numerous theatres, including the Boston Opera House, the Cutler Majestic Theatre and The Citi Performing Arts Center. Largely, the majority of the city’s theaters are spread throughout the city’s historic Washington Street Theatre District; however, the most prominent professional theater companies are located at the American Repertory Theater in Cambridge and at the Huntington Theatre. Indeed, the Huntington Theatre is particularly noteworthy, having previously been the recipient of the 2013 Regional Theatre Tony Award, under the direction of Managing Director, Michael Maso. Throughout its history, this Professional Theatre has transferred 16 productions to New York, including two in 2012: the Broadway premiere of Lydia R. Diamond’s Stick Fly and the Roundabout Theatre Company production of Stephen Karam’s Sons of the Prophet, named a 2012 Pulitzer Prize finalist. Consider planning a visit to the Huntington Theatre if you are within the Boston area this year.
Are you a prospective mover considering living in Boston, MA this year? Be sure to spend some time taking in the city’s cultural scene, including a show at the city’s famed Huntington Theatre!
Overall, Boston’s culinary scene is a reflection of New England cuisine, in that it has a large emphasis on seafood and dairy products. Subsequently, its best-known dishes are New England clam chowder, fish and chips (usually with cod or scrod), baked beans, lobsters, steamed clams, and fried clams. Still, that is not to say the city’s culinary scene is devoid of variety. We’ve gathered a number of our favorite restaurants you might want to consider visiting if you are ever in the Greater Boston area. Read more below!
Additionally, beyond the city’s restaurant scene, Boston, MA is notable for its collection of innovative and exciting breweries, brewpubs, distilleries, and wineries, that include:
Are you a prospective mover considering living in Boston, MA this year? Be sure to take note of the city’s exemplary culinary scene, including their numerous celebrated restaurants and breweries!
As seen, Boston, MA is a diverse and exciting city, and it is notable due to its thriving economy and its wealth of attractions, including a number of cultural visits, and an exceptional sports scene featuring numerous professional teams. So, now that you’ve read our definitive Boston city-guide, and you’re considering living in Boston, MA; what are your next steps? Look no further than All American Self Storage!
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