Quick facts: Brighton, MA

Quick Facts

130.0
Cost of Living
above US average
10,000
Population
20.0
Crime Rate per 1000
below US average
$80,000
Median Income
below US average
$799,000
Median House Price
above US average
$3486.92
Average Rent
above US average
10%
Poverty Rate
below US average
2.5%
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 $80,000.

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Income Needed to Buy

βœ— Stretch
$251k/year
Based on $799,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $251k vs median $80,000
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Income Needed to Rent

⚠ Stretch
$149k/year
Based on $3486.92/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $149k vs median $80,000
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Brighton, MA

Brighton is a vibrant neighborhood located in Boston, Massachusetts. Known for its diverse community and rich history, Brighton features a mix of residential areas, parks, and commercial establishments. It boasts a blend of urban and suburban characteristics, making it an attractive place for families, students, and professionals alike. Brighton is home to several educational institutions, including Boston College and Boston University, contributing to its youthful atmosphere. The area is well-connected to public transportation, with multiple bus and subway lines providing easy access to downtown Boston and beyond. Brighton is dotted with green spaces such as Chestnut Hill Reservation and the Brighton Common, offering residents recreational opportunities for walking, jogging, and picnicking. The neighborhood also has a diverse culinary scene, with restaurants offering cuisines from around the world. With its strong sense of community, cultural diversity, and convenient location, Brighton stands out as a desirable place to live, work, and explore within the greater Boston area.

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