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Financial District Apartments For Rent in Boston, MA

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Apartments for Rent in Boston, MA

Boston is a large city in Massachusetts with slightly more than 669,000 residents. Young adults aged 15-24 should feel right at home, as they make up an above-average percentage of the community, though young professionals are also well-represented. Overall, the city's residents, at an average age of just over 36, are decidedly younger than most cities in Massachusetts. Homeowners tend to be in the minority in Boston, and 65% of residents are renting despite an average rent that is considerably higher than the state average of $1,218 per month.

Compared to the national average (7%), Boston has a high concentration of residents older than 25 who have advanced degrees, as 12% have earned a Master's or a Doctorate. Furthermore, 18% have a Bachelor's degree, which also outpaces the national average. If you're looking for diverse career options, Boston has plenty. The five most common industries are healthcare, education, scientific, entertainment, and retail. Together, these industries make up 35% of the workforce in the city. Meanwhile, in terms of job function, many workers in these industries are in management, as 9% of the city's population reports this as their field of work, the highest number of any field. Boston workers bring in an average annual income of almost $82,000, about the same as the average Massachusetts resident. Boston, however, compares more favorably to the national average ($73,345).

Boston residents have an average commute of about 34 minutes. Driving is the prevailing means of commuting to work, opted for by 24% of residents, while public transportation is used by just 18% of the city. Walking (8%) isn't a common means of commuting to work, though the number is much greater than the national average.