New Bedford
New Bedford city, Massachusetts
Alright, let me paint you a picture of life in New Bedford. This historic port city offers a unique blend of affordability and charm, a world away from the astronomical prices you'll find in many other parts of the US. With a median home value of around $291,300, significantly below the national average, and a median rent hovering around $1,036 a month, your dollar stretches much further here. The city boasts a strong homeownership rate of 81%, indicating a community invested in its neighborhoods. While the city's walk and bike scores may not be top-tier, the ambiance is undeniably appealing, with a quiet noise level, and a strong sense of community.
From an investment perspective, New Bedford presents a compelling opportunity. While the median household income of $54,604 is below the national average, the city's affordability index of 124 suggests a good value proposition. Property crime stands at 11.5 per 1,000 residents, and violent crime is at 3.3 per 1,000 residents, making this a safe place to settle down. This city is perfect for first-time homebuyers, young families, and those seeking a more relaxed pace of life without sacrificing access to amenities.
Finally, let's talk about the environment. New Bedford enjoys excellent air quality, with an AQI of just 33, and a very low climate risk. The city is known for its rich history as a whaling port, and it boasts a vibrant arts scene and a thriving fishing industry. The electricity rate of 14.9¢/kWh is quite reasonable. If you're looking for a place where you can enjoy a high quality of life, a welcoming community, and a lower cost of living, New Bedford is well worth your consideration.
New Bedford, Massachusetts at a Glance
New Bedford is a city in New Bedford city, Massachusetts with a population of approximately 100,620. The median home value is $291,300 and the median household income is $54,604. It has a Walk Score of 29 out of 100, indicating car dependency. The violent crime rate is 0.7 per 1,000 residents, which is 81% below the national average. Air quality is rated Good. The overall climate risk is rated as "Very Low." Median rent is $1,036 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$291,300
Median Income
$54,604
Population
100,620
Walk Score
29
Air Quality
AQI 33
Good
Climate Risk
Very Low
Good
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- Population
- 100,620
- Median Age
- N/A
- Median Household Income
- $54,604
27% below nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 18.8%
52% above nat'l avg
- Median Home Value
- $291,300
3% above nat'l avg
- Median Rent
- $1,036
11% below nat'l avg
- Homeownership Rate
- 81.0%
23% above nat'l avg
- Affordability Index
- 124
24% above nat'l avg
- Violent Crime Rate
- 0.7 per 1K
81% below nat'l avg
- Property Crime Rate
- 3.5 per 1K
82% below nat'l avg
- AQI
- 33
21% below nat'l avg
- Category
- Good
- Overall Risk
- Very Low
- Risk Score
- 2.64
Top Hazards
- Overall
- Quiet
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- 14.9¢/kWh
10% below nat'l avg
- Est. Monthly Electric
- $134
Near nat'l avg
- Unemployment Rate
- 7.2%
95% above nat'l avg
- Poverty Rate
- 18.8%
52% above nat'l avg
Weather & Climate in New Bedford
Avg High
60°F
Avg Low
43°F
Annual Rainfall
48.8"
Avg Humidity
71%
Political Landscape
→ Politically stable
Based on Middlesex County county-level presidential election data
Culture & Things to Do in New Bedford
New Bedford Folk Festival
A weekend-long celebration of folk music and culture.
Feast of the Blessed Sacrament
A large Portuguese-American festival with food, music, and cultural events.
New Bedford Day of Portugal
A celebration of Portuguese heritage with parades and festivities.
Summerfest
A summer festival with live music, food vendors, and family-friendly activities.
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