Housing costs in Northborough?
A typical home costs
$571,400, which is 69.0% more expensive than the national average of
$338,100 and 2.5% more expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Northborough costs
$2,250 per month, which is 57.3% more than the national average of
$1,430 and 4.9% more than the state average of
$2,140.
Can I afford Northborough?
To live comfortably in Northborough (zip 01532), Massachusetts, a minimum annual income of
$109,440 for a family, and
$69,200 for a single person is recommended.
What does A.I. say about Northborough?
Living in 01532 Northborough, MA is generally deemed to be quite expensive. The median home value in the area is $553,500, while the cost of living index is 145.5 - significantly higher than the national average of 100. The median household income in Northborough is $108,126 and the median rent for a one-bedroom apartment is around $1,700 per month. Although these numbers may seem high, there are still many affordable housing options available for those with lower incomes. Additionally, residents benefit from a wide array of recreational activities and amenities, making Northborough an attractive place to live despite the higher costs associated with it.