Housing costs in Groveland?
A typical home costs
$564,100, which is 66.8% more expensive than the national average of
$338,100 and 1.2% more expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Groveland costs
$1,860 per month, which is 30.1% more than the national average of
$1,430 and 15.1% cheaper than the state average of
$2,140.
Can I afford Groveland?
To live comfortably in Groveland (zip 01834), Massachusetts, a minimum annual income of
$108,000 for a family, and
$60,800 for a single person is recommended.
What does A.I. say about Groveland?
The cost of living in 01834 Groveland, MA is fairly high compared to the United States average. This can be attributed to Groveland's close proximity to the larger cities of Boston and Cambridge, as well as its relative lack of affordable housing options. The median home value is about $475,000, which is a steep jump from the national average of $200,000. The median household income in Groveland is about $90,000 - almost double the national rate - which suggests that residents have sufficient disposable income to pay for higher priced goods and services in town. Additionally, Groveland has very low crime rates and excellent public schools; both of which add to its overall cost of living.