Well, first of all, the fact that it's based on a true story gives it a sense of credibility. The events that unfold in the town in the story are likely to be things that could have actually happened. The town's geography and its relation to the surrounding areas would also be important features. It might show how the town is affected by external factors like nearby cities or natural landscapes. And the relationships between the people in the town, which could be complex and based on real - life relationships, are also key features.
The town wasn't a true story. It was likely a product of the author's creativity and storytelling skills, designed to engage and entertain readers/viewers with an imagined setting and events.
The real - life events that inspired 'The Town' are likely related to bank robberies in a particular town. The movie might have drawn from actual incidents of criminal gangs operating in a neighborhood, planning and executing heists, and their interactions with the local community and law enforcement.
It might be a smaller town that had a significant crime problem at some point. The story could be set in a place where the local economy was struggling, leading to desperation among some residents and an increase in criminal activities. Without more specific information, it's hard to say exactly where, but it could be anywhere from a Rust Belt town to a coastal community facing economic decline.