Housing costs in Gilbertville?
A typical home costs
$316,600, which is 6.4% less expensive than the national average of
$338,100 and 43.2% less expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Gilbertville costs
$1,320 per month, which is 7.7% cheaper than the national average of
$1,430 and 62.1% cheaper than the state average of
$2,140.
Can I afford Gilbertville?
To live comfortably in Gilbertville (zip 01031), Massachusetts, a minimum annual income of
$60,840 for a family, and
$40,800 for a single person is recommended.
What does A.I. say about Gilbertville?
The cost of living in 01031 Gilbertville, MA is slightly higher than the national average. According to the United States Bureau of Labor Statistics, the median household income in 01031 is about $77,000. However, with an estimated population of only 1,664 people, housing prices are also relatively high. The median home value in 01031 is approximately $276,000 and the median rent is just over $1,400 a month. On top of this, food and gas prices tend to be slightly above the national averages as well. Despite its higher cost of living compared to many other areas throughout the country, Gilbertville remains a desirable place to live for many due to its close proximity to Boston and other amenities such as great schools and quaint local shops.