The 5 Richest Neighborhoods In Boston, MA For 2024

The richest Boston neighborhoods are South Boston and Charlestown for 2024 based on Saturday Night Science.

Richest Neighborhoods In Boston
Source: Flickr User Bert Kaufmann | CC BY 2.0

Welcome to the land of the 1%. Where you’ll find lawyers, and doctors, and business executives. And while they aren’t made of ticky-tacky, they are definitely made of money.

These are the wealthiest neighborhoods that Boston has to offer. Where houses go for over 5.39x the national median and household incomes are 2.41x the national median.

But where exactly in Boston do the richest of the rich people live? That would be South Boston where the median income is a cool $132,281.

Here’s a look at the top 10 wealthiest neighborhoods in Boston out of 16 for 2024.

The Richest Neighborhoods In Boston For 2024

  1. South Boston
  2. Charlestown
  3. West Roxbury
  4. Jamaica Plain
  5. South End

What’s the richest neighborhood to live in Boston for 2024? According to the most recent census data, South Boston looks to be the richest Boston neighborhood to live in.

Summing up the median income of those 10 neighborhoods adds up to $1,027,193. And that, my friend, is more 0s than most of us will see in our bank account for a long, long time — if we ever get that lucky.

Find where your neighborhood ranks amongst the richest in Boston.

For more Boston reading, check out the best neighborhoods in Boston and the worst neighborhoods in Boston.

Or, for living around Boston, out the best Boston suburbs and the worst Boston suburbs.

Table Of Contents: Table | Methodology

Richst Neighborhoods In Boston For 2024 By Median Income

Rank Neighborhood Median Household Income
1 South Boston $132,281
2 Charlestown $123,289
3 West Roxbury $122,248
4 Jamaica Plain $104,228
5 South End $101,034
6 Back Bay-Beacon Hill $93,684
7 Central $93,484
8 Roslindale $92,096
9 Hyde Park $85,927
10 North Dorchester $78,922
11 South Dorchester $72,827
12 East Boston $69,978
13 Allston-Brighton $61,281
14 Mattapan $59,871
15 Fenway-Kenmore $48,949
16 Roxbury $39,763

How We Determined The Wealthiest Neighborhoods In Boston For 2024

Every city has its best neighborhoods — where everyone wants to live — and the worst neighborhoods — where no one wants to live. And then you have the wealthiest neighborhoods, where no one can afford to live.

And by no one, we mean you because there’s always someone richer than you.

How do you quantify richer than you? We looked at one simple criterion:

Which neighborhoods have the highest median income?

Using Saturday Night Science, we researched income data from the Census and BLS for every neighborhood in Boston.

We ranked every neighborhood in Boston by median income from highest to lowest. The neighborhood with the highest median income, South Boston, was named the wealthiest neighborhood in Boston.

The richest neighborhoods in Boston are South Boston, Charlestown, West Roxbury, Jamaica Plain, South End, Back Bay-Beacon Hill, Central, Roslindale, Hyde Park, and North Dorchester.

The poorest neighborhood? That would be Roxbury.

The poorest neighborhoods in Boston are Roxbury, Fenway-Kenmore, Mattapan, Allston-Brighton, and East Boston.

We updated this article for 2024. This is our tenth time ranking the most affluent neighborhoods to live in Boston.

For more Massachusetts reading, check out:

About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn or his website.