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In order to be helpful, a comparison must be ‘apples to apples’. Therefore, the cornerstone of our reports is the creation of your community's customized Benchmark Peer Group, the 20 most similar communities in Massachusetts.
To derive the Benchmark Peer Group, we utilize 15 key socio-economic, demographic and geographic attributes:
- Socio-Economic Attributes:
- Median Family Income
- Income Per Capita
- Average Single Family Tax Bill
- Residential Assessment Per Capita
- Commercial Tax Receipts As Percentage of Total Receipts
- Unemployment Rate
- Demographic Attributes:
- Population
- School Enrollment
- Birth Rate Per Capita
- Population Density
- % Population Over 65
- % Population That Speaks English As a Second Language
- % Families Below the Poverty Line
- Geographic Attributes:
Each of these attributes is given equal weight, allowing us to generate a mix of peer communities that reflect a similar mix of economic resources and constituent demands. Contact us to learn the composition of your community's Benchmark Peer Group. |
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