Suffolk County
Massachusetts · Pop. 797,684
Ranked #192 of 200 counties
18Crisis
Median Home Price
🏠$700K
2.5% YoY
Median Rent
🔑$2,800
Median Income
💰$80K
Rent Burden
📊38.0%
% of income to rent
Housing Shortage
🏗️8,000
estimated unit deficit
Building Permits (2024)
📋4,200
Price-to-Income Ratio
⚖️8.8x
Homeownership Rate
🏡34.0%
How Suffolk County Compares
| Metric | Suffolk County | Massachusetts | National |
|---|---|---|---|
| Home Price | $700K | $571K | $410K |
| Rent | $2,800 | $1,757 | $1,500 |
| Income | $80K | $100K | $75K |
| Rent Burden | 38.0% | 36.5% | 30.0% |
| Homeownership | 34.0% | 62.0% | 65.0% |
Key Takeaways
- • Home prices are 71% above the national average.
- • Rent is 87% above the national average.
- • The county has an estimated housing shortage of 8,000 units.
- • 4,200 building permits were issued in 2024.
- • Year-over-year home prices changed by 2.5%.