Cost to Own
United StatesMassachusettsFranklin CountyOrange Population 3,793 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Orange, Massachusetts

A $217,000 home here costs

$1,983

per month, all in — with 20% down at today's 6.66% 30-year fixed rate.

A standard mortgage calculator would have told you $1,116. The real number is $867 higher every month — 78% more than the payment most buyers budget for.

Orange median: $217,200
Under 20% adds PMI
Freddie Mac PMMS
US average household

Where every dollar goes

Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.

Principal & interest30-year fixed, $173,600 borrowed $1,116
Property tax1.676% effective rate for Orange itself $303
Homeowners insuranceMassachusetts averages $1,712/yr (NAIC), or 0.31% of home value $56
Electricity28.82¢/kWh — Massachusetts residential average, EIA $259
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $181
Total monthly $1,983

Orange against Franklin County and Massachusetts

MeasureOrangeFranklin County
Median home value$217,200$303,400
Median property tax$3,641$4,595
Effective tax rate1.676%1.515%
Median gross rent$991$1,169
Population3,79370,922

The weather behind that power bill

Orange sits in Franklin County, which averages a high of 82.7°F in its hottest month and a low of 13.6°F in its coldest, with 49.39" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 519 cooling and 6,683 heating degree days, which is what sets the $259 electricity line above.

See the full climate breakdown for Franklin County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.

Other cities in Franklin County

Full Franklin County cost breakdown · Every county in Massachusetts

Common questions

How much does it cost to own a home in Orange?

A $217,000 home in Orange, Massachusetts costs approximately $1,983 per month with 20% down at 6.66%. That is $1,116 principal and interest, $303 property tax, $56 homeowners insurance, $327 utilities and $181 set aside for maintenance.

What is the property tax rate in Orange?

Orange has an effective property tax rate of 1.676%, based on a median home value of $217,200 and median real estate taxes of $3,641. That is higher than the Franklin County average of 1.515%.

What is the average home price in Orange?

The median owner-occupied home value in Orange, Massachusetts is $217,200, against $303,400 across Franklin County.

Is it cheaper to rent or buy in Orange?

Median gross rent in Orange is $991 a month, against $1,983 to own the median home all in. Renting costs less month to month here, though renting builds no equity.

Sources & methodology

  • Median home value, real estate taxes, gross rent and population for Orange — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
  • Homeowners insurance — NAIC average premium for Massachusetts.
  • Electricity price — EIA Electric Power Monthly Table 5.6.A.
  • Mortgage rate — Freddie Mac PMMS, refreshed weekly.
  • Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.

Full methodology