Quick facts: Foxboro, MA

Quick Facts

119.6
Cost of Living
above US average
18,476
Population
9.26
Crime Rate per 1000
below US average
$104,350
Median Income
above US average
$599,000
Median House Price
above US average
$2855.6
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 $104,350.

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Income Needed to Buy

βœ— Stretch
$188k/year
Based on $599,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $188k vs median $104,350
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Income Needed to Rent

⚠ Stretch
$122k/year
Based on $2855.6/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $122k vs median $104,350
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Foxboro, MA

Foxborough, Massachusetts, is a quaint town located in Norfolk County, approximately 30 miles southwest of Boston. Known for its charming New England ambiance, Foxborough boasts a rich history that dates back to the 18th century. The town is best recognized as the home of Gillette Stadium, where the NFL's New England Patriots and Major League Soccer's New England Revolution play, attracting large crowds for home games and concerts. Foxborough offers a blend of residential neighborhoods, parks, and local businesses, creating a community-oriented atmosphere. Visitors can explore the town's history at the Foxborough Regional Charter School or enjoy outdoor activities at nearby parks like the F. Gilbert Hills State Forest and Foxborough's own Wrentham State Forest. The town features a mix of dining options, from cozy cafes to more upscale restaurants, making it a great spot for food lovers. Its proximity to major highways, including Interstate 95, ensures easy access to both Boston and Providence, Rhode Island. Overall, Foxborough is a vibrant community that offers a unique combination of small-town charm and modern entertainment.

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