Quick facts: East otis, MA

Quick Facts

119.6
Cost of Living
above US average
200
Population
50.0
Crime Rate per 1000
above US average
$75,000
Median Income
below US average
$739,900
Median House Price
above US average
$2614
Average Rent
above US average
5%
Poverty Rate
below US average
4.0%
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 $75,000.

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Income Needed to Buy

βœ— Stretch
$232k/year
Based on $739,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $232k vs median $75,000
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Income Needed to Rent

⚠ Stretch
$112k/year
Based on $2614/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $112k vs median $75,000
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for East otis, MA

East Otis is a charming, small community located in Berkshire County, Massachusetts. Nestled in the picturesque western part of the state, its serene environment is characterized by rolling hills, dense forests, and beautiful lakes, including the nearby Otis Reservoir, which offers recreational activities such as fishing, boating, and swimming. This location is perfect for nature enthusiasts and those seeking a peaceful getaway. East Otis is primarily a residential area, with a small population that fosters a tight-knit community atmosphere. The town is surrounded by larger municipalities like Otis and Lee, providing access to more extensive amenities and services while maintaining its rural charm. The area is ideal for outdoor activities, including hiking, camping, and winter sports, thanks to its proximity to natural reserves. Additionally, East Otis benefits from Massachusetts’ rich history and cultural offerings, with arts and festivals found in nearby towns. Visitors and residents alike can enjoy a leisurely lifestyle surrounded by natural beauty and a welcoming community spirit. Overall, East Otis is an attractive destination for those looking for tranquility and outdoor adventure.

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