Income needed to buy a home
Every county in Massachusetts
In the middle county, Essex County, the typical home takes $246,482 a year. Locals can afford the typical home in 0 of 14 counties.
| County | Typical home | Monthly cost | Income needed | Local median income | For locals |
|---|---|---|---|---|---|
| Hampden County | $354,728 | $2,938 | $125,912 | $71,306 | Far off |
| Franklin County | $373,782 | $3,068 | $131,487 | $74,907 | Far off |
| Berkshire County | $391,869 | $3,153 | $135,149 | $76,013 | Far off |
| Hampshire County | $454,514 | $3,744 | $160,439 | $87,001 | Far off |
| Worcester County | $498,010 | $4,057 | $173,889 | $95,939 | Far off |
| Bristol County | $549,102 | $4,373 | $187,414 | $85,625 | Out of reach |
| Plymouth County | $653,336 | $5,221 | $223,737 | $114,201 | Far off |
| Essex County | $722,540 | $5,751 | $246,482 | $101,883 | Out of reach |
| Suffolk County | $750,961 | $5,767 | $247,165 | $95,631 | Out of reach |
| Barnstable County | $762,440 | $5,831 | $249,909 | $95,241 | Out of reach |
| Norfolk County | $773,309 | $6,155 | $263,773 | $130,739 | Out of reach |
| Middlesex County | $814,047 | $6,467 | $277,174 | $130,847 | Out of reach |
| Dukes County | $1,557,666 | $11,668 | $500,050 | $125,786 | Out of reach |
| Nantucket County | $3,171,305 | $23,253 | $996,549 | $139,688 | Out of reach |
10% down, 7.40% 30-year fixed, housing at 28% of gross income. How it works.