Quick facts: Jamaica plain, MA

Quick Facts

135.0
Cost of Living
above US average
41,012
Population
3.1
Crime Rate per 1000
below US average
$85,000
Median Income
above US average
$820,000
Median House Price
above US average
$3384.28
Average Rent
above US average
12%
Poverty Rate
above US average
3.0%
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 $85,000.

🏠

Income Needed to Buy

βœ— Stretch
$257k/year
Based on $820,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $257k vs median $85,000
🏒

Income Needed to Rent

⚠ Stretch
$145k/year
Based on $3384.28/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $145k vs median $85,000
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Jamaica plain, MA

Jamaica Plain is a vibrant neighborhood located in Boston, Massachusetts. Known for its rich history and diverse community, Jamaica Plain boasts a mix of urban living and natural beauty. The area is renowned for its beautiful parks, including the famous Arnold Arboretum and Jamaica Pond, a popular spot for jogging, paddle boating, and picnicking. The neighborhood features a lively arts scene and a variety of local shops, restaurants, and cafes, offering cuisines from around the world. Its streets are lined with charming Victorian homes, making it one of Boston's most picturesque neighborhoods. Jamaica Plain also celebrates a strong sense of community, hosting various local events and farmer's markets throughout the year. Public transportation is easily accessible, making commuting to downtown Boston straightforward. The area is known for its progressive values and active involvement in social justice issues, attracting a diverse population of families, young professionals, and artists. Overall, Jamaica Plain is a unique blend of culture, nature, and community spirit, making it a desirable place to live and visit in Boston.

πŸ” Search & Compare Places

First Location πŸ“