Total monthly cost of ownership
Cost to Own a Home in Upton, Massachusetts
A $475,000 home here costs
$3,917per 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 $168,000 a year.
A standard mortgage calculator would have told you $2,590. The real number is $1,327 higher every month, 51% more than the payment most buyers budget for.
Compare Worcester County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Upton from a five-year rolling sample, and with about 2,985 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 Worcester 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.
Upton against Worcester County and Massachusetts
| Measure | Upton | Worcester County |
|---|---|---|
| Median home value | $474,600 | $390,700 |
| Median property tax | $6,797 | $5,207 |
| Effective tax rate | 1.432% | 1.333% |
| Median gross rent | — | $1,347 |
| Population | 2,985 | 861,664 |
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 $174 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
Talk to someone who works this market
These are Upton 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 Upton every week. Free, no obligation, and we never sell your details to a list.
Common questions
How much does it cost to own a home in Upton?
A $475,000 home in Upton, Massachusetts costs approximately $3,917 per month with 20% down at 7.24%. That is $2,590 principal and interest, $567 property tax, $123 homeowners insurance, $242 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.
What salary do you need to buy a home in Upton?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Upton, Massachusetts at today's rate takes a household income of roughly $168,000 a year. That covers the full $3,917 monthly cost, not just the mortgage payment.
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.