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Beverly, Massachusetts

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What It Is Like to Retire in Beverly

Beverly, Massachusetts, is a suburb of Boston and located in Essex county, with a population of 42,670 residents (2020 census). The upscale community sits along the Massachusetts North Shore and considers itself to be the birthplace of the Industrial Revolution with the first and the largest cotton mill in America. The town also rivals nearby Marblehead for being the birthplace of the U.S.Navy. Beverly is home to Endicott College, parks, beaches and was the home of the summer White House for President William Taft in the early 1900's. Photo of Beverly Port Marina, Beverly, Massachusetts, with its harbor in the background courtesy of Wikipedia and Fletcher, photo of Beverly Common courtesy of Wikipedia and Elizabeth B. Thomsen, Licensed under CC BY-SA 4.0

Where to Retire in Beverly and Home Prices

Beverly offers miles of beautiful coastlines and homes along the water will be very expensive and priced in the $ Millions. Zillow reports the median home value was $668,089 in mid-2023.

What Is Special about Beverly

The town is made up of several parks which offer gardens, beaches, boating and yacht clubs, golf and trails. There are two theaters with concerts, and productions, and it is home to Endicott College, a beautiful waterfront and historic college that offers cultural and sporting events. Montserrat College of Art also located here, and features art galleries and offers public programs.

What Is Not Special about Beverly

Beverly is an expensive place to live with high priced real estate and taxes, winters are cold, it is not considered a walkable town, and does not have bike lanes.

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Who Will Like Retirement in Beverly

Those who want to retire close to Boston and in a waterfront town would enjoy Beverly. It offers both outdoor recreation within its beautiful parks, along with many cultural events. There is a great library, a hospital, public golf course and a municipal airport. The senior center is very active with programs, daily activities, and transportation. Boston is easily accessible with the Massachusetts Bay Transit Authority's rail system.

Local Economy Is Driven by

The economy is driven by professional services, retail, and manufacturing.

Climate and Physical Environment

The average January temperature is 27 degrees, July's average is 70. Beverly averages about 45 inches of snow annually.

Restaurants & Cultural Scene

Beverly offers several great restaurants according to the reviews on TripAdvisor. With two theaters in town and Endicott College, there are many cultural events to attend, along with art galleries at the Montserrat College of Art. The historic town of Salem, know for the infamous Salem Witch Trials, is just 2 miles across the Veterans Memorial Bridge, and Boston is about 17 miles away for the best cultural scene you could want.

Crime

The crime rate here is very low.

Medical facilities

Beverly hospital is located here, and Boston is nearby with top-notch medical facilities and health care.

Transportation

The Massachusetts Bay Transit Authority has stops in Beverly; the town also has a municipal airport, and Boston Logan International Airport is about 30 miles away.

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