Worcester County
Massachusetts ยท Pop. 862,111
Ranked #116 of 200 counties
38Crisis
Median Home Price
๐$400K
5.0% YoY
Median Rent
๐$1,700
Median Income
๐ฐ$75K
Rent Burden
๐30.0%
% of income to rent
Housing Shortage
๐๏ธ6,000
estimated unit deficit
Building Permits (2024)
๐3,200
Price-to-Income Ratio
โ๏ธ5.3x
Homeownership Rate
๐ก62.0%
How Worcester County Compares
| Metric | Worcester County | Massachusetts | National |
|---|---|---|---|
| Home Price | $400K | $571K | $410K |
| Rent | $1,700 | $1,757 | $1,500 |
| Income | $75K | $100K | $75K |
| Rent Burden | 30.0% | 36.5% | 30.0% |
| Homeownership | 62.0% | 62.0% | 65.0% |
Key Takeaways
- โข Home prices are 2% below the national average.
- โข Rent is 13% above the national average.
- โข The county has an estimated housing shortage of 6,000 units.
- โข 3,200 building permits were issued in 2024.
- โข Year-over-year home prices changed by 5.0%.