Marblehead is a medium-sized coastal town (i.e. on the ocean, a bay, or inlet) located in the state of Massachusetts. With a population of 20,296 people and four associated neighborhoods, Marblehead is the 95th largest community in Massachusetts. Much of the housing stock in Marblehead was built prior to World War II, making it one of the older and more historic towns in the country.
Marblehead home prices are not only among the most expensive in Massachusetts, but Marblehead real estate also consistently ranks among the most expensive in America.
Also of interest is that Marblehead has more people living here who work in computers and math than 95% of the places in the US.
Of important note, Marblehead is also a town of artists. Marblehead has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Marblehead’s character.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 29.94% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
In addition, Marblehead is home to many people who could be described as "urban sophisticates", which are people who are not only wealthy and employed in professional occupations, but highly educated to boot. Urban sophisticates have urbane tastes - whether they reside in a big or small city, a suburb, or a little town. Urban sophisticates support bookstores, quality clothing stores, enjoy luxury travel, and in big cities, they are truly the patrons of the arts, attending and supporting institutions such as opera, symphony, ballet, and theatre.
Because of many things, Marblehead is a great place for families with children to consider. First of all, many other families with children live here, making Marblehead a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Marblehead has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Marblehead’s overall crime rate is lower than average for the country.
Marblehead is also nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Quite often, nautical areas such as these attract visitors and locals who come to enjoy the scenery and various waterfront activities.
One downside of living in Marblehead, however, is that residents on average have to contend with a long commute, spending on average 31.10 minutes every day commuting to work. It is, however, a pedestrian-friendly town. Many of its neighborhoods are dense enough and have amenities close enough together that people find it feasible to get around on foot. In addition, local public transit is widely used. For those who would prefer to avoid driving entirely and leave their car at home, it may be an option to use the transit instead.
For the size of the town, public transportation in Marblehead is quite heavily used. Mostly, people who use it for their daily commute are taking the subway. For Marblehead, the benefits are reduced air pollution and congestion on the highways.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Marblehead. 76.92% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.
The per capita income in Marblehead in 2022 was $94,232, which is wealthy relative to Massachusetts and the nation. This equates to an annual income of $376,928 for a family of four.
The people who call Marblehead home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Marblehead residents report their race to be White, followed by Asian. Important ancestries of people in Marblehead include Irish, English, Italian, German, and Polish.
The most common language spoken in Marblehead is English. Other important languages spoken here include Russian and Spanish.