Quick facts: Vineyard haven, MA

Quick Facts

119.6
Cost of Living
above US average
2,367
Population
Crime rate Data is updating, will be available soon
$65,313
Median Income
below US average
$1,595,000
Median House Price
above US average
$23626.15
Average Rent
above US average
5%
Poverty Rate
below US average
2.9%
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 $65,313.

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Income Needed to Buy

βœ— Stretch
$500k/year
Based on $1,595,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $500k vs median $65,313
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Income Needed to Rent

⚠ Stretch
$1013k/year
Based on $23626.15/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $1013k vs median $65,313
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Vineyard haven, MA

Vineyard Haven is a charming town located on Martha's Vineyard, an island off the coast of Massachusetts. Known for its picturesque harbor, which serves as an entry point for ferries from the mainland, this vibrant community offers a mix of maritime charm and New England history. Vineyard Haven features quaint streets lined with boutique shops, art galleries, and restaurants that highlight local seafood and produce. The town is also home to several beautiful beaches, providing ample opportunities for swimming, sunbathing, and sailing. Visitors can explore the nearby Vineyard Haven Public Library, a historic landmark, as well as the Art Deco-style Strand Theater, which hosts various cultural events. Martha's Vineyard itself is famous for its stunning landscapes, including rolling hills, vineyards, and pristine shoreline. Vineyard Haven serves as a gateway to other island attractions, including Oak Bluffs and Edgartown. With its vibrant community, rich history, and beautiful surroundings, Vineyard Haven remains a beloved destination for both tourists and residents alike.

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