Quick facts: West newton, MA

Quick Facts

119.6
Cost of Living
above US average
16,579
Population
7.24
Crime Rate per 1000
below US average
$115,000
Median Income
above US average
$1,520,000
Median House Price
above US average
$5259.5
Average Rent
above US average
6%
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 $115,000.

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Income Needed to Buy

βœ— Stretch
$477k/year
Based on $1,520,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $477k vs median $115,000
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Income Needed to Rent

⚠ Stretch
$225k/year
Based on $5259.5/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $225k vs median $115,000
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for West newton, MA

West Newton is a charming village located within the city of Newton, Massachusetts. Situated about seven miles from downtown Boston, it offers a blend of suburban tranquility and urban accessibility. The area is known for its picturesque residential streets, historic homes, and vibrant local culture. West Newton features a variety of shops, cafes, and restaurants, making it a cozy hub for residents and visitors alike. The village is home to several parks and green spaces, including the well-loved West Newton Common, which provides a quaint area for gatherings and leisure activities. Additionally, the nearby Charles River offers scenic trails for walking, jogging, and biking, allowing residents to enjoy the great outdoors. West Newton’s convenient location means it has easy access to public transportation, including the MBTA commuter rail and bus services, linking it to Boston and beyond. The community is also served by highly regarded schools, making it an attractive area for families. Overall, West Newton embodies a blend of historical charm, community spirit, and convenient access to metropolitan amenities.

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