Quick facts: Leeds, MA

Quick Facts

119.6
Cost of Living
above US average
429
Population
23.31
Crime Rate per 1000
above US average
$60,000
Median Income
below US average
$495,000
Median House Price
above US average
$2614
Average Rent
above US average
5%
Poverty Rate
below 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 $60,000.

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Income Needed to Buy

βœ— Stretch
$155k/year
Based on $495,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $155k vs median $60,000
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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 $60,000
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Leeds, MA

Leeds is a quaint village located within the city of Northampton in Hampshire County, Massachusetts. Nestled in the Pioneer Valley, it boasts a charming, small-town atmosphere enriched by its rural surroundings and proximity to the Connecticut River. The village is characterized by picturesque landscapes, historic homes, and a close-knit community. Leeds offers access to various recreational activities, thanks to its location near parks and natural reserves. Residents and visitors can enjoy hiking, biking, and exploring the scenic beauty of the Pioneer Valley. The village has a few local businesses, restaurants, and shops that enhance its charm while the larger Northampton area provides more extensive dining, shopping, and cultural opportunities. Leeds is also known for its commitment to preserving its natural environment, making it a pleasant place for those who appreciate outdoor activities and a quieter lifestyle. The area's educational institutions, including nearby public schools and colleges, contribute to the community's overall appeal, making it a desirable location for families and individuals alike. Overall, Leeds exemplifies the peaceful New England village with a strong sense of community.

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