Housing costs in Wilmington?
A typical home costs
$610,300, which is 80.5% more expensive than the national average of
$338,100 and 9.5% more expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Wilmington costs
$3,200 per month, which is 123.8% more than the national average of
$1,430 and 33.1% more than the state average of
$2,140.
Can I afford Wilmington?
To live comfortably in Wilmington (zip 01887), Massachusetts, a minimum annual income of
$117,000 for a family, and
$105,200 for a single person is recommended.
What does A.I. say about Wilmington?
Living in 01887 Wilmington, MA is fairly affordable. The median home value is around $535,900 and the median rent is around $1,680 per month. With an unemployment rate of just 3.2% and a relatively low cost of living index of 110.5, the area provides an opportunity to live an enjoyable life without breaking the bank. Groceries, healthcare, transportation, and utilities are all comfortably priced. There are also plenty of amenities available that may come with extra costs like restaurants, entertainment venues, parks and more.