Considered one of the richer towns in Massachusetts, Manchester-by-the-sea is a residential community located 24 miles of downtown Boston. The people of the town can point with pride to the large number of college graduates in the town. Of the housing in the Town approximately 71% is occupied by their owners. Real estate taxes per home are higher in Manchester-by-the- sea than most places in Massachusetts.
The Town is probably best known for its beautiful beaches, art colonies, a renowned yachting harbor, and commercial lobstering. Also, located on the historic Singing Beach is the famous tourist attraction "Eaglehead", a rock composite that is the focal point of rock climbing and other recreation activities.
Estimated median home cost in 2012: $614,100. Home appreciation in 2011 has been 0.49%.
Estimated median household income in 2010: $99,056.
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