Median home value is about $887,000 — about 155% above the U.S. median home value ($348,079).
Housing tenure and rents show median gross rent around $2,039 (about 75% above the U.S. median rent ($1,163)), and owner-occupancy near 58.4% (about 7.0 points below the national owner-occupancy rate (65.4%)).
To comfortably buy a median-priced home in ZIP 02474 in Arlington, MA, a household would need roughly $244,000 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 $5,698. That is about 75% above the local median household income ($139,199), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.