Quick facts: Shelburne falls, MA

Quick Facts

119.6
Cost of Living
above US average
1,699
Population
2.94
Crime Rate per 1000
below US average
$54,250
Median Income
below US average
$285,000
Median House Price
above US average
$1300.0
Average Rent
below US average
17%
Poverty Rate
above US average
3.2%
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 $54,250.

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Income Needed to Buy

βœ— Stretch
$89k/year
Based on $285,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $89k vs median $54,250
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Income Needed to Rent

⚠ Stretch
$56k/year
Based on $1300.0/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $56k vs median $54,250
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Shelburne falls, MA

Shelburne Falls is a charming village located in the western part of Massachusetts, situated in both Shelburne and Buckland towns. Nestled along the Deerfield River, this picturesque locale is known for its rich history, stunning natural beauty, and vibrant arts scene. The village is perhaps best known for its iconic Bridge of Flowers, a former trolley bridge transformed into a beautiful garden filled with seasonal blooms. Visitors and locals alike enjoy exploring the quaint shops, galleries, and eateries that line the streets. Outdoor enthusiasts are drawn to the area for its hiking trails, scenic views, and proximity to the Mohawk Trail, a historic scenic byway. Shelburne Falls is also home to the famous Glacial Potholes, unique geological formations carved by the movement of water over time. Culturally, the village has a lively community spirit, hosting events throughout the year, including art walks and farmer’s markets. With its blend of history, nature, and artistic flair, Shelburne Falls is a hidden gem worth exploring in the Pioneer Valley region of Massachusetts.

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