Median home value is about $394,600 — about 13% above the U.S. median home value ($348,079).
Housing tenure and rents show median gross rent around $987 (about 15% below the U.S. median rent ($1,163)), and owner-occupancy near 73.8% (about 8.3 points above the national owner-occupancy rate (65.4%)).
To comfortably buy a median-priced home in ZIP 01504 in MA, a household would need roughly $109,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,535. That is roughly in line with the local median household income ($98,986). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.