Quick facts: Erving, MA

Quick Facts

119.6
Cost of Living
above US average
1,774
Population
6.76
Crime Rate per 1000
below US average
$69,250
Median Income
below US average
$249,900
Median House Price
above US average
$1650.0
Average Rent
above US average
8%
Poverty Rate
below US average
3.4%
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 $69,250.

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Income Needed to Buy

βœ— Stretch
$78k/year
Based on $249,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $78k vs median $69,250
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Income Needed to Rent

⚠ Stretch
$71k/year
Based on $1650.0/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $71k vs median $69,250
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Erving, MA

Erving is a small town located in Franklin County, Massachusetts. Known for its picturesque scenery and quaint New England charm, Erving sits along the banks of the Connecticut River and is characterized by wooded landscapes, rolling hills, and rural farms. With a population of just over 1,700 residents, the town offers a tight-knit community feel and a peaceful environment. Outdoor enthusiasts will appreciate the nearby opportunities for hiking, fishing, and kayaking, particularly at the Erving State Forest and the Connecticut River. The town retains a strong sense of history, reflected in its well-preserved architecture and local landmarks. Erving is primarily a residential area, with local amenities including a small grocery store, community center, and local eateries. Education is served by the Mahar Regional School District, which encompasses grades from elementary to high school. While Erving may not boast the hustle of larger cities, it provides a serene setting for those looking to escape the busyness of urban life while staying connected to the wider Massachusetts area.

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