Cost to Own
United StatesMassachusettsWorcester CountyUpton Population 2,985 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Upton, Massachusetts

A $475,000 home here costs

$3,854

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

A standard mortgage calculator would have told you $2,442. The real number is $1,412 higher every month — 58% more than the payment most buyers budget for.

Upton median: $474,600
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, $380,000 borrowed $2,442
Property tax1.432% effective rate for Upton itself $567
Homeowners insuranceMassachusetts averages $1,712/yr (NAIC), or 0.31% of home value $123
Electricity28.82¢/kWh — Massachusetts residential average, EIA $259
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $396
Total monthly $3,854

Upton against Worcester County and Massachusetts

MeasureUptonWorcester County
Median home value$474,600$390,700
Median property tax$6,797$5,207
Effective tax rate1.432%1.333%
Median gross rent$1,347
Population2,985861,664

The weather behind that power bill

Upton sits in Worcester County, which averages a high of 79.8°F in its hottest month and a low of 17.1°F in its coldest, with 48.26" of precipitation a year and 27% of it in a single three-month stretch. That climate drives 503 cooling and 6,622 heating degree days, which is what sets the $259 electricity line above.

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

Other cities in Worcester County

Full Worcester County cost breakdown · Every county in Massachusetts

Common questions

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

A $475,000 home in Upton, Massachusetts costs approximately $3,854 per month with 20% down at 6.66%. That is $2,442 principal and interest, $567 property tax, $123 homeowners insurance, $327 utilities and $396 set aside for maintenance.

What is the property tax rate in Upton?

Upton has an effective property tax rate of 1.432%, based on a median home value of $474,600 and median real estate taxes of $6,797. That is higher than the Worcester County average of 1.333%.

What is the average home price in Upton?

The median owner-occupied home value in Upton, Massachusetts is $474,600, against $390,700 across Worcester County.

Is it cheaper to rent or buy in Upton?

Rent data is not published for Upton at this level of detail.

Sources & methodology

  • Median home value, real estate taxes, gross rent and population for Upton — 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