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Is Massachusetts the best state to live in? New national ranking says so. Here’s why

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Is Massachusetts the best state to live in? New national ranking says so. Here’s why


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Which state is the best to live in? Massachusetts takes the cake, a new national ranking found.

Personal finance company WalletHub just released its annual list of the best states to live in, and the Bay State was named No. 1.

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WalletHub said the list was compiled based on livability factors, with finances generally being a major component.

“You should also consider a wide variety of other factors, such as how where you live will impact your health and safety, and whether you will have adequate access to activities that you enjoy,” a WalletHub analyst said. 

Here’s why Massachusetts came out on the top of the list.

Why is Massachusetts the best state to live in?

WalletHub found Massachusetts is the best state to live in mostly because of the state’s strong health care and education systems.

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The state has the lowest premature death rate and the lowest share of adults in fair or poor health. It also has the highest number of residents with health insurance, at 97.3%.

Additionally, Massachusetts has the best school systems in the country, WalletHub found. It also has the fourth-best high school graduation rate in the country, at over 90%.

Other factors that put Massachusetts at the top of the list were that it has the third-lowest property crime rate and the third-best access to public transportation.

Which other New England states are good places to live?

On WalletHub’s 2024 list of the best states to live, New Hampshire was the only New England state other than Massachusetts that made the top ten. It was named the fifth best state to live.

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Maine and Vermont came in under the top 20, at No. 14 and No. 19, respectively.

Connecticut was No. 22 on the list and Rhode Island was No. 28.

What makes a state a good place to live?

To determine the best and worst places to live, WalletHub said it compared states based on five different factors: affordability, economy, education and health, quality of life and safety.

These factors were broken down into further categories to calculate scores for each state. For example, in terms of affordability, categories included housing affordability, median annual property taxes, cost of living, median annual household income and home ownership rates.

Scores totaled up to 100 and were weighted to find the average. Higher scores indicated better rankings. Massachusetts’ score was 60.52.

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Massachusetts

Lucas: Ayotte’s shots at Healey over immigration hit mark

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Lucas: Ayotte’s shots at Healey over immigration hit mark


Hardly had Kelly Ayotte, the new governor of New Hampshire unloaded on Massachusetts over its immigration policy, than another illegal immigrant was charged with rape in the Bay State.

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Disciplinary hearing for suspended Massachusetts State Police Trooper Michael Proctor continued to 2nd day

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Disciplinary hearing for suspended Massachusetts State Police Trooper Michael Proctor continued to 2nd day


Suspended Massachusetts State Police Trooper Michael Proctor’s Trial Board disciplinary proceedings will go on to a second day.

Proctor’s trouble publicly began when he testified during the murder trial of Karen Read last summer. During a tense examination by the prosecution and even more intense cross examination, Proctor admitted to inappropriate private texts that he made as the case officer investigating Read.

“She’s a whack job (expletive),” Proctor read from compilations of text messages he sent to friends as he looked at Read’s phone. The last word was a derogatory term for women that he at first tried to spell out before Judge Beverly Cannone told him to read it the way he wrote it.

“Yes she’s a babe. Weird Fall River accent, though. No (butt),” he continued under oath on June 10, 2024.

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He also texted them “no nudes so far” as an update on the search through her phone. He also testified that he told his sister that he hoped that Read would kill herself.

On Wednesday, Proctor sat through a full day of trial board proceedings at MSP general headquarters in Framingham. When that concluded in the late afternoon, the board decided to continue for a second day on Feb. 10. Neither Wednesday’s proceeding nor the second day is open to the public.

Proctor was relieved of duty on July 1 of last year, which was the day the Read trial concluded in mistrial. He was suspended without pay a week later. The State Police finished its internal affairs investigation last week and convened the trial board to determine the next step in the disciplinary process.

The trial board makes disciplinary recommendations to the superintendent, who determines the final outcome.

“A State Police Trial Board shall hear cases regarding violations of Rules, Regulations, Policies, Procedures, Orders, or Directives,” states the Department’s Rules and Regulations.

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“In the event that the Trial Board finds guilt by a preponderance of the evidence on one or more of the charges, the Trial Board shall consider the evidence presented by the Department prosecutor pertaining to the accused member’s prior offenses/disciplinary history, and shall make recommendations for administrative action,” the rules and regulations state.

Read, 44, of Mansfield, faces charges of second-degree murder, motor vehicle manslaughter and leaving the scene of a collision causing the death of O’Keefe, a 16-year Boston Police officer when he died at age 46 on Jan. 29, 2022. Read’s second trial is scheduled to begin April 16.

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Local startups recovering from the burst tech funding bubble – The Boston Globe

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Local startups recovering from the burst tech funding bubble – The Boston Globe


Tech startups based in Massachusetts finished 2024 with a buzz of activity in venture capital fundraising.

In the fourth quarter, 191 startups raised a total of $4.1 billion, 20 percent more than startups raised in the same period a year earlier, according to a report from research firm Pitchbook and the National Venture Capital Association. For the full year, local startups raised $15.7 billion, about the same as in 2023.

The stability ended two years of sharp declines from the peak of startup fundraising in 2021. Slowing e-commerce sales, volatility in tech stock prices, and higher interest rates combined to slam the brakes on startup VC activity over the past three years. The 2024 total is less half the $34.7 billion Massachusetts startups raised in 2021.

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But local startup investors have expressed optimism that VC backing will continue to pick up in 2025.

The fourth quarter’s activity was led by battery maker Form Energy’s $455 million deal and biotech obesity drugmaker Kailera Therapeutics’ $400 million deal, both in October, and MIT spinoff Liquid AI’s $250 million deal last month. Two more biotech VC deals in October rounded out the top five. Seaport Therapeutics, working on new antidepressants, raised $226 million and Alpha-9 Oncology, developing new treatments for cancer patients, raised $175 million.

Massachusetts ranked third in the country in VC activity in the quarter. Startups based in California raised $49.9 billion and New York-based companies raised $5.3 billion.

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Venture capital firms, however, had an even harder time raising money in 2024 compared to earlier years. Massachusetts firms raised $5.9 billion, down 7 percent from 2023 and the lowest total since 2018. That mirrored the national trend, as VC firms across the country raised $76.1 billion, down 22 percent from 2023 and the lowest since 2019.

Only one Massachusetts-based VC firm raised more than $1 billion in 2024, a more common occurrence in prior years, according to the report: Flagship Pioneering in Cambridge raised $2.6 billion in July for its eighth investment fund plus another $1 billion for smaller funds. The firm, founded by biotech entrepreneur Noubar Afeyan, helps develop scientific research for startups in addition to providing funding.

The next largest deals were Cambridge-based Atlas Ventures’ $450 million biotech-focused fund announced last month and Engine Ventures $400 million fund investing in climate tech startups announced in June.

The decline comes as VC firms have had trouble getting a return on their investments, because so few startups have been able to go public. Just six biotech companies based in Massachusetts and no tech companies went public last year.


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Aaron Pressman can be reached at aaron.pressman@globe.com. Follow him @ampressman.





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