Quick facts: Middleboro, MA

Quick Facts

119.6
Cost of Living
above US average
24,268
Population
13.27
Crime Rate per 1000
below US average
$89,290
Median Income
above US average
$575,000
Median House Price
above US average
$2593.33
Average Rent
above US average
7%
Poverty Rate
below US average
3.5%
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 $89,290.

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Income Needed to Buy

βœ— Stretch
$180k/year
Based on $575,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $180k vs median $89,290
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Income Needed to Rent

⚠ Stretch
$111k/year
Based on $2593.33/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $111k vs median $89,290
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Middleboro, MA

Middleboro, Massachusetts, is a charming town located in Plymouth County, approximately 40 miles south of Boston. Known for its rich history, Middleboro was first settled in 1660 and has a quaint downtown area featuring historic buildings, small shops, and local eateries. One of its notable landmarks is the Middleborough Historical Society, which showcases the town's heritage. The town offers various outdoor activities, with part of the picturesque Myles Standish State Forest located nearby, providing opportunities for hiking, fishing, and camping. Additionally, the town's access to the Wareham and Taunton rivers makes it a great spot for boating and fishing enthusiasts. Middleboro has a strong sense of community, hosting several annual events and festivals that bring residents together. The town also features good schools and family-friendly neighborhoods, making it a desirable place for families. Overall, Middleboro combines New England charm with modern amenities, making it a unique destination or a peaceful place to call home.

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