Ranked from ACS 2023 5-Year
Lowest Salary Needed to Buy a Home in Massachusetts
The counties where an ordinary income still buys the median home outright by the 28% rule, with the whole monthly bill counted: tax, insurance, utilities and maintenance included, not just the loan payment.
Where does yours land?
Every county in America is somewhere on this scale, including the one you live in.
Massachusetts ranked
| # | County | Income needed | Monthly to own | Median home |
|---|---|---|---|---|
| 1 | Hampden County | $103,500 | $2,411 | $276,300 |
| 2 | Berkshire County | $104,000 | $2,423 | $283,800 |
| 3 | Franklin County | $112,000 | $2,610 | $303,400 |
| 4 | Hampshire County | $131,500 | $3,064 | $363,400 |
| 5 | Worcester County | $138,500 | $3,232 | $390,700 |
| 6 | Bristol County | $145,500 | $3,392 | $421,800 |
| 7 | Plymouth County | $177,000 | $4,127 | $513,000 |
| 8 | Barnstable County | $186,500 | $4,351 | $575,900 |
| 9 | Essex County | $196,500 | $4,585 | $584,000 |
| 10 | Suffolk County | $217,500 | $5,074 | $680,700 |
| 11 | Norfolk County | $218,000 | $5,081 | $649,400 |
| 12 | Middlesex County | $229,000 | $5,342 | $687,200 |
| 13 | Dukes County | $339,500 | $7,925 | $1,104,100 |
| 14 | Nantucket County | $410,000 | $9,566 | $1,387,000 |
Every figure is modelled on the county's own median home with 20% down at 7.24%. Property tax and electricity are county and state specific; homeowners insurance uses the NAIC average premium for that state, which ranges from 0.16% of home value in Hawaii to 1.16% in Oklahoma. Maintenance and water are national estimates. Full methodology.
Nationwide
Lowest Salary Needed to Buy a Home across all 3,133 US counties · Every county in Massachusetts