Quick facts: Ashfield, MA

Quick Facts

119.6
Cost of Living
above US average
1,734
Population
1.15
Crime Rate per 1000
below US average
$76,000
Median Income
below US average
$185,000
Median House Price
above US average
$2666.67
Average Rent
above US average
8%
Poverty Rate
below US average
3.0%
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 $76,000.

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Income Needed to Buy

βœ“ Affordable
$58k/year
Based on $185,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($76,000) exceeds requirement
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Income Needed to Rent

⚠ Stretch
$114k/year
Based on $2666.67/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $114k vs median $76,000
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Ashfield, MA

Ashfield, Massachusetts, is a picturesque town nestled in the scenic foothills of the Berkshire Mountains. Established in 1778, this quaint rural community is known for its rich history and charming New England landscape. The town boasts a population of around 1,600 residents and encompasses approximately 40 square miles of rolling hills, forests, and farmland. Ashfield’s vibrant community is reflected in its local events, including seasonal fairs and farmers' markets, promoting local artisans and agriculture. Nature enthusiasts will appreciate the numerous hiking trails, including the nearby Mt. Tom State Reservation, offering breathtaking views of the Connecticut River Valley. Despite its small size, Ashfield is home to several notable establishments, including the Ashfield Lake, which allows for outdoor recreational activities like fishing, kayaking, and picnicking. The town also has a strong connection to the arts, with events such as the annual Ashfield Film Festival showcasing local talent. With its serene atmosphere and close-knit community, Ashfield is an idyllic spot for those seeking a quiet, rural lifestyle while still being within driving distance of larger urban areas like Northampton and Greenfield.

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