Quick facts: Gardner, MA

Quick Facts

119.6
Cost of Living
above US average
20,902
Population
10.72
Crime Rate per 1000
below US average
$56,974
Median Income
below US average
$375,000
Median House Price
above US average
$1886.14
Average Rent
above US average
9%
Poverty Rate
below US average
4.6%
Unemployment Rate
above 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 $56,974.

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Income Needed to Buy

βœ— Stretch
$118k/year
Based on $375,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $118k vs median $56,974
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Income Needed to Rent

⚠ Stretch
$81k/year
Based on $1886.14/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $81k vs median $56,974
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Gardner, MA

Gardner, Massachusetts, is a small city located in Worcester County, approximately 50 miles west of Boston. Known for its rich history and vibrant community, Gardner was incorporated in 1785 and has a population of around 20,000 residents. The city is famously known as the "Chair City" due to its historical prominence in furniture manufacturing, particularly wooden chairs. The city's landscape is characterized by a mix of urban and rural settings, offering access to stunning natural surroundings, including nearby lakes and hiking trails. The Leominster State Forest and Crystal Lake are popular spots for outdoor activities like fishing, hiking, and picnicking. Gardner boasts a number of historical sites, including the Gardner Museum, which showcases local art and history, and the historic downtown area with unique shops and restaurants. The city hosts various community events throughout the year, fostering a strong sense of local pride and engagement. Overall, Gardner offers a blend of history, community spirit, and access to nature, making it an appealing destination for both residents and visitors alike.

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