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All about

Wellesley, MA

Wellesley, Massachusetts is a small city with a population of approximately 29,000. Young adults aged 15-24 will find plenty of activities, as they make up a larger portion of the population here (23%) than nationally (14%), while young professionals figure less prominently in the demographics. With an average age of just under 37, the city's residents are notably younger than most cities in Massachusetts. Renters tend to be in the minority in the city, and 83% of residents own their homes. Relatively high rent costs could be playing a role, as the average rent of $1,492 per month is substantially higher than the state average of $1,218.

Wellesley has an average commute time of about 33 minutes. Driving a vehicle is the prevailing means of commuting to work, chosen by 28% of workers, while public transit isn't widely used. Walking (5%) isn't a common way to get to work, though the number far surpasses the national average.

Many Wellesley residents work in one of four industries: education, scientific, finance, and healthcare. Combined, these industries make up 27% of the city's workforce. Meanwhile, looking at job function, many of the city's residents work in management, which ranks as the top profession in the city. Wellesley workers take home an average annual income of around $154,000, the highest average income of any municipality in Massachusetts. The city's average income also compares favorably to the national average of $73,345. Wellesley has a high percentage of residents older than 25 with advanced degrees compared to the national average (7%), as 21% have earned a Master's degree or a Doctorate. Further, 19% possess a Bachelor's degree, which also outpaces the national average.

Average Rent in Wellesley

Studio1 Bed2 Bed3 Bed
Jan 20$3,525
Dec 193,525
Nov 193,525
Oct 193,525
Sep 193,525
Aug 193,300
Jul 193,300
Jun 193,300
May 193,300
Apr 193,300
Mar 193,300
Feb 193,300
*The rent information included in this summary is based on a median calculation of multifamily rental property inventory on Apartment Guide and Rent.com over the past 12-months and is for illustrative purposes only. This information does not constitute a pricing guarantee or financial advice related to the rental market.

Frequently Asked Questions About Wellesley

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Information is copyrighted and school data provided by GreatSchools.org. Information is deemed reliable but not guaranteed. Schools listed above are based on distance from the selected location and are just a sampling of the schools in the area. To find a particular school district, and how it relates to a specific apartment, please contact the apartment manager.

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