Home / Select Cities  /  2024 Comparing Beverly, MA vs. Lake Ridge, VA

2024 Compare Cities Economy:
Beverly, MA vs Lake Ridge, VA

Change Cities
Highlights
- Household income in Lake Ridge, is 21% more than it is in Beverly and is 36% above the National Average.
- Beverly unemployment rate is 5.7%.
- Lake Ridge unemployment rate is 5.2%.

Economy
 Beverly, MALake Ridge, VAUnited States
 Unemployment Rate5.7%5.2%6.0%
 Recent Job Growth3.0%1.9%1.6%
 Future Job Growth36.7%38.8%33.5%
 Sales Taxes6.3%6.0%6.2%
 Income Taxes5.1%5.8%4.6%
 Income per Cap.$50,533$46,703$37,638
 Household Income$89,882$108,654$69,021
 Family Median Income$121,681$120,182$85,028
 space
 Est. Households By Income
 Beverly, MALake Ridge, VAUnited States
 Income Less Than 15K9.2%2.8%9.4%
 Income between 15K and 20K4.7%0.9%3.8%
 Income between 20K and 30K6.4%4.0%8.1%
 Income between 30K and 40K4.5%2.4%8.0%
 Income between 40K and 50K4.4%3.7%7.6%
 Income between 50K and 60K5.0%5.7%7.2%
 Income between 60K and 75K6.8%6.9%9.6%
 Income between 75K and 100K13.1%16.5%12.8%
 Income between 100K and 150K17.0%27.7%16.3%
 Income between 150K and 200K10.4%14.0%7.8%
 Income greater than 200K18.4%15.1%9.5%
 space1
 Population By Occupation
 Beverly, MALake Ridge, VAUnited States
 Management, business, finance21.4%23.0%16.4%
 Engineering, computers, science9.5%10.8%6.5%
 Community, social services2.0%2.2%1.8%
 Legal1.4%1.3%1.2%
 Education, library10.3%8.4%6.2%
 Arts, design, media, sports, entertainment3.3%2.1%2.0%
 Healthcare practitioners and technology6.4%4.3%6.2%
 Healthcare support1.4%2.2%3.3%
 Firefighters, law enforcement1.8%2.9%2.1%
 Food preparation, serving4.1%4.4%5.4%
 Building maintenance3.3%1.9%3.6%
 Personal care4.3%3.8%2.6%
 Sales, office, administrative support19.6%19.6%20.9%
 Farming, fishing, forestry0.1%0.1%0.6%
 Construction, extraction, maintenance/repair3.9%5.7%8.1%
 Production, transportation, material moving7.2%7.2%13.1%

View More Data >

Reviews for Beverly    4 Reviews

Over 4 years ago

On 3 different occasions I have lived here, each time it wasn't my first choice. My opinion has not changed, but gotten worse. First, the cost of living is not accurate  More

   |    Reply

Over 9 years ago

Although Beverly is beautiful, the cost of living is high. to get a good job, you need to commute into Boston which is expensive. As long as you have the money, great  More

   |    Reply

Over 10 years ago

I have lived in Beverly for almost 5 years, and have loved every minute of it. The weather is pleasant, but you have to love winters. It's actually not much colder  More

   |    Reply

Start Your Review of Beverly

Reviews for Lake Ridge    3 Reviews

Over 10 years ago

The cost of living in this area is outright ridiculous. I can't wait to move. There is a lot of crime. There is a lot of traffic. The people drive like they are the  More

   |    Reply

Over 12 years ago

Nothing  More

   |    Reply

Over 18 years ago

The cost of living in Lake Ridge is quite high though not as high as the Washington DC area. Washington is about 30 miles from Lake Ridge and easily accessible by  More

   |    Reply

Start Your Review of Lake Ridge

 Most Recent Searches On Compare Cities
COMPARE COST OF LIVING
Compare Beverly, Massachusetts Cost of Living vs Lake Ridge, Virginia Cost of Living: Taxes, Childcare, Groceries, Health...
Compare Now


ZIPS IN BEVERLY, MASSACHUSETTS
01915
ZIPS IN LAKE RIDGE, VIRGINIA
22192

PREMIUM SUBSCRIPTION

Includes Cost of Living compares for child care, utilities, transportation, health, taxes, housing for home owners vs renters, weather, insurance premiums and so much more.

Try Now