Quick facts: Arlington, MA

Quick Facts

119.6
Cost of Living
above US average
45,906
Population
3.27
Crime Rate per 1000
below US average
$136,312
Median Income
above US average
$1,275,000
Median House Price
above US average
$2759.0
Average Rent
above US average
3%
Poverty Rate
below US average
4.2%
Unemployment Rate
above 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 $136,312.

🏠

Income Needed to Buy

βœ— Stretch
$400k/year
Based on $1,275,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $400k vs median $136,312
🏒

Income Needed to Rent

βœ“ Affordable
$118k/year
Based on $2759.0/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($136,312) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Arlington, MA

Arlington, Massachusetts, is a charming suburban town located about six miles north of downtown Boston. Known for its rich history, Arlington was originally settled in the 1630s and played a significant role during the American Revolutionary War, particularly during the Battle of Menotomy in 1775. Today, the town boasts a warm community atmosphere, excellent schools, and a variety of recreational options. Arlington features a mix of residential neighborhoods, parks, and local shops. The town's vibrant social scene is centered around its historic district, which includes a range of restaurants, cafes, and boutiques. The Minuteman Bikeway, a popular 10-mile path running from Bedford to Alewife in Cambridge, attracts cyclists and walkers alike, connecting residents to beautiful natural landscapes. Culturally, Arlington has active community programs and events, including farmers' markets and seasonal festivals, fostering town spirit. Access to public transportation, including the Alewife station on the Alewife-Bound Red Line, makes commuting to Boston convenient. Overall, Arlington offers a unique blend of small-town charm and proximity to urban amenities.

πŸ” Search & Compare Places

First Location πŸ“