Quick facts: Charlton city, MA

Quick Facts

119.6
Cost of Living
above US average
13,338
Population
5.1
Crime Rate per 1000
below US average
$113,896
Median Income
above US average
Median home price Data is updating, will be available soon
$2614
Average Rent
above US average
4%
Poverty Rate
below US average
3.5%
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 $113,896.

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Income Needed to Buy

Home price data is updating, will be available soon
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Income Needed to Rent

βœ“ Affordable
$112k/year
Based on $2614/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($113,896) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Charlton city, MA

Charlton City is a quaint community located in the town of Charlton in Worcester County, Massachusetts. Nestled in the scenic landscapes of central Massachusetts, this small, primarily residential area offers a serene rural ambiance while being close to urban amenities. The city features a mix of picturesque farms, woodlands, and charming neighborhoods, making it ideal for those who appreciate nature and a slower-paced lifestyle. Charlton City is well situated near major highways, providing convenient access to nearby towns and cities such as Worcester and Springfield, where residents can enjoy additional attractions, dining, and shopping options. Outdoor enthusiasts will appreciate the abundant parks and recreational areas, perfect for hiking, fishing, and exploring. The community is characterized by its strong sense of local pride, with family-owned businesses and community events fostering connections among residents. Charlton City offers a blend of tranquility and accessibility, making it a hidden gem for those looking to enjoy the beauty of central Massachusetts while remaining connected to larger urban centers.

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