Quick facts: Acton, MA

Quick Facts

135.5
Cost of Living
above US average
23,662
Population
5.07
Crime Rate per 1000
below US average
$134,063
Median Income
above US average
$540,000
Median House Price
above US average
$2841.69
Average Rent
above US average
4%
Poverty Rate
below US average
3.7%
Unemployment Rate
below US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $134,063.

🏠

Income Needed to Buy

βœ— Stretch
$169k/year
Based on $540,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $169k vs median $134,063
🏒

Income Needed to Rent

βœ“ Affordable
$122k/year
Based on $2841.69/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($134,063) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Acton, MA

Acton, Massachusetts, is a charming suburban town located approximately 25 miles northwest of Boston, in Middlesex County. Known for its picturesque landscapes, Acton features a mix of historic sites, scenic parks, and a vibrant community. The town has a rich colonial history, with several preserved buildings and structures, including the Acton Historic District. Outdoor enthusiasts will appreciate the numerous hiking trails and recreational areas, such as the Grassy Pond and the Nashoba Brook. Acton's commitment to parks and natural preservation is evident in its well-maintained facilities. The town has a strong educational reputation, served by Acton-Boxborough Regional Schools, offering quality education to its students. Acton is also home to a diverse residential community, providing various amenities, including local shops, restaurants, and cultural events. With easy access to major highways and public transportation, residents enjoy a peaceful suburban lifestyle while having the vibrant offerings of Boston just a short commute away. Acton embodies a perfect blend of history, community spirit, and access to nature.

πŸ” Search & Compare Places

First Location πŸ“