Quick facts: Orleans, MA

Quick Facts

119.6
Cost of Living
above US average
5,798
Population
8.8
Crime Rate per 1000
below US average
$74,962
Median Income
below US average
$1,100,000
Median House Price
above US average
$2950.0
Average Rent
above US average
5%
Poverty Rate
below US average
3.4%
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 $74,962.

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Income Needed to Buy

βœ— Stretch
$345k/year
Based on $1,100,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $345k vs median $74,962
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Income Needed to Rent

⚠ Stretch
$126k/year
Based on $2950.0/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $126k vs median $74,962
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Orleans, MA

Orleans, located on Cape Cod in Massachusetts, is a picturesque town known for its beautiful beaches and quaint New England charm. Situated along the Outer Cape, Orleans boasts stunning coastal scenery, including Nauset Beach and Skaket Beach, which are popular spots for swimming, sunbathing, and enjoying breathtaking sunsets. The town is rich in history, with old sea captain's homes and landmarks like the Historic Village Center, where visitors can explore local shops, galleries, and dining options. Orleans is also a hub for outdoor activities, such as fishing, kayaking, and biking along scenic trails. The nearby Cape Cod National Seashore offers additional opportunities for hiking and wildlife observation. The town's relaxed atmosphere, combined with its natural beauty and community events, make it an attractive destination for both residents and visitors looking to immerse themselves in the Cape's unique culture. Whether you’re exploring art or indulging in fresh seafood, Orleans provides a charming slice of Cape Cod life.

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