Quick facts: Whitinsville, MA

Quick Facts

119.6
Cost of Living
above US average
7,273
Population
4.81
Crime Rate per 1000
below US average
$88,750
Median Income
above US average
$440,000
Median House Price
above US average
$2360.0
Average Rent
above US average
9%
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 $88,750.

🏠

Income Needed to Buy

βœ— Stretch
$138k/year
Based on $440,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $138k vs median $88,750
🏒

Income Needed to Rent

⚠ Stretch
$101k/year
Based on $2360.0/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $101k vs median $88,750
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Whitinsville, MA

Whitinsville is a charming village located within the town of Northbridge in Worcester County, Massachusetts. Known for its rich industrial history, Whitinsville was once a hub for textile manufacturing in the 19th and early 20th centuries. The historic landscape features well-preserved architecture reflecting its industrial past, including the Whitin Machine Works, which played a significant role in the area’s development. The village offers a small-town atmosphere with a close-knit community. Residents enjoy local parks, such as the Whitinsville State Forest, which provides opportunities for hiking, picnicking, and enjoying nature. The town’s quaint downtown area features a mix of local businesses, eateries, and services that cater to the needs of its residents. Whitinsville is conveniently located near major highways, making it easy to commute to larger cities like Worcester and Providence. The community is served by Northbridge Public Schools, ensuring quality education for families. With its historical charm and scenic beauty, Whitinsville is an appealing place for those seeking a peaceful lifestyle while still being close to urban amenities.

πŸ” Search & Compare Places

First Location πŸ“