Total monthly cost of ownership
Cost to Own a Home in Orange, Massachusetts
A $217,000 home here costs
$1,965per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $84,000 a year.
A standard mortgage calculator would have told you $1,183. The real number is $782 higher every month, 66% more than the payment most buyers budget for.
Compare Franklin County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Orange from a five-year rolling sample, and with about 3,793 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Franklin County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Orange against Franklin County and Massachusetts
| Measure | Orange | Franklin County |
|---|---|---|
| Median home value | $217,200 | $303,400 |
| Median property tax | $3,641 | $4,595 |
| Effective tax rate | 1.676% | 1.515% |
| Median gross rent | $991 | $1,169 |
| Population | 3,793 | 70,922 |
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 $174 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
Talk to someone who works this market
These are Orange averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Orange every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Orange I already own here and may sell
Common questions
How much does it cost to own a home in Orange?
A $217,000 home in Orange, Massachusetts costs approximately $1,965 per month with 20% down at 7.24%. That is $1,183 principal and interest, $303 property tax, $56 homeowners insurance, $242 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 $1,965 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Orange?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Orange, Massachusetts at today's rate takes a household income of roughly $84,000 a year. That covers the full $1,965 monthly cost, not just the mortgage payment.
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.