A city only 15 miles west of Boston has officially been named Massachusetts’ largest Bumtown, proving that rapid growth and prosperity are not reserved for major state cities.
Wellesley, best known for her prestigious Women’s Liberal College of Wellesley College, has appeared as the rapid growth of Bay State, with residents with average income at least $ 110,000.
The rapid climbing of the city at the top was confirmed by a recent ranking by Gobankings, which analyzed economic expansion, population growth and housing market trends.
This design marks a change in the economic landscape of the state, as Worcester, a central city of Massachusetts, held the title for only two years.
So what lies after the meteoric rise of Wellesley? The growing city trajectory did not occur overnight.
Wellesley has long been a port for wealth, with graceful houses and landscape properties strictly painting his tree lines.
By 1880, the city was already flourishing, presenting its first newspaper, bank and telephone service as its population increased.
Local leaders ensured that progress remained stable, embracing modern conveniences early.
“Citizens of the city of Wellesley, both collectively and individually, constantly strive to take their city, their homes and themselves everything that is best by nature and art,” said an article from 1906.
Even before the turn of the 20th century, Wellesley boasted with a flowering rail network, the first Massachusetts golf course, a strong water system and a host of city improvement initiatives.
Until the 1920s, she had already strengthened her status as one of the major suburban enclaves of Boston.
Wellesley’s population has steadily increased, growing 3.4% since 2014 to reach 29,862 inhabitants. The housing question has followed the units of occupied apartments in the lawsuit increased by 4%, while the houses occupied by the owners saw 6.1% of the rise.
But the real jaw painter is the income of the city per capita, which has increased by 35.8%, now lowered to a minimum of $ 111,690.
This economic boom has been mainly driven by the extraordinary system of Wellesley’s public schools, constantly listed among the top 10 in Massachusetts.
Families gather in the city for its educational excellence, as well as its proximity to elite private schools
Of course, no discussion of Wellesley’s success is complete without mentioning Wellesley College, a globally known institution that has produced some of the most influential women in history.
For nearly 150 years, the school has educated trailblazers in politics, media, financially and science. “Pioneer scientists, environmental revolutionaries, US state secretaries, civil rights activists, investment tracks, network news makers and activists who oppose the genre” have been walking all its halls, according to the College website.
Among its most prominent graduates are Madeleine Albright, Hillary Clinton, Diane Sawyer and Co-founder of Blackrock-and Business-World Titan-Susan Wagner. Others, like Winifred Edgerton Merrill-The first wife in the US to gain a doctorate in mathematics and Eleanor Raymond, the architect behind the first home of solar country, have made history in their respective fields.
With prosperity comes the exclusivity, and the Wellesley’s real estate market reflects its elite status. Since January, the average house price in the city has stayed at a stunning $ 1.97 million, according to the construction of a better Welllesley.
Despite his modern wealth, the character of the city has remained largely unchanged since the beginning of the 20th century.
An quote from an act of over a century still today: “Finally the old trees line up the roads; Employed buildings are erected for public schools; Even railway stations are the subject of beauty … Wellesley, a residential village without production, has long been observed for its clean water and its invigorating air. “
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Image Source : nypost.com