Middlesex County

Massachusetts ยท Pop. 1,632,002

Ranked #183 of 200 counties

22Crisis

Median Home Price

๐Ÿ 

$680K

3.5% YoY

Median Rent

๐Ÿ”‘

$2,400

Median Income

๐Ÿ’ฐ

$100K

Rent Burden

๐Ÿ“Š

31.0%

% of income to rent

Housing Shortage

๐Ÿ—๏ธ

12,000

estimated unit deficit

Building Permits (2024)

๐Ÿ“‹

5,500

Price-to-Income Ratio

โš–๏ธ

6.8x

Homeownership Rate

๐Ÿก

60.0%

How Middlesex County Compares

MetricMiddlesex CountyMassachusettsNational
Home Price$680K$571K$410K
Rent$2,400$1,757$1,500
Income$100K$100K$75K
Rent Burden31.0%36.5%30.0%
Homeownership60.0%62.0%65.0%

Key Takeaways

  • โ€ข Home prices are 66% above the national average.
  • โ€ข Rent is 60% above the national average.
  • โ€ข The county has an estimated housing shortage of 12,000 units.
  • โ€ข 5,500 building permits were issued in 2024.
  • โ€ข Year-over-year home prices changed by 3.5%.