Quick facts: Auburndale, MA

Quick Facts

119.6
Cost of Living
above US average
16,566
Population
4.35
Crime Rate per 1000
below US average
$104,000
Median Income
above US average
$1,595,000
Median House Price
above US average
$4455.9
Average Rent
above US average
5%
Poverty Rate
below US average
2.9%
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 $104,000.

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Income Needed to Buy

βœ— Stretch
$500k/year
Based on $1,595,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $500k vs median $104,000
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Income Needed to Rent

⚠ Stretch
$191k/year
Based on $4455.9/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $191k vs median $104,000
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Auburndale, MA

Auburndale is a charming village located within the city of Newton, Massachusetts. Situated just about 10 miles west of downtown Boston, it's part of the Greater Boston area, making it a convenient spot for commuters. This historic community features a mix of residential homes, parks, and local businesses, offering a suburban feel with easy access to urban amenities. Auburndale is known for its beautiful tree-lined streets and diverse architecture, ranging from Victorian-style homes to modern residences. The village is home to several parks, including the well-loved Brae Burn Country Club and the scenic Auburndale Park, which provide opportunities for outdoor recreation. Education is a strong focus in the area, with several well-regarded public and private schools. The nearby Newton public school system is highly rated, catering to families looking for quality education. Auburndale also boasts convenient access to public transportation, with the MBTA's commuter rail service connecting residents to Boston and beyond. This makes it an attractive location for professionals who wish to enjoy suburban living while remaining close to the city’s vibrant cultural and economic opportunities.

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