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These days, finding an affordable place to live in the Jefferson area can be challenging. Home prices in Jefferson are now at a median cost of $443,220, lower than the Massachusetts average of $625,090.
The average cost of rent is $1,570/mo in Jefferson, primarily driven by the current value of real estate in the Jefferson area. In Jefferson, 17.65% of households rent, and 31.79% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Jefferson is $10,834 per month. Households that rent pay about 14.49% of their income on rent here. Jefferson’s most expensive areas are in the northern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Holden, MA: higher priced homes
- Sandy Beach, MA: equally priced homes
- Rutland, MA: equally priced homes
- West Boylston, MA: equally priced homes
- Paxton, MA: higher priced homes
- Princeton, MA: higher priced homes
- West Sterling, MA: higher priced homes
- Turkey Hill Shores, MA: higher priced homes
- Sterling, MA: higher priced homes
- Boylston, MA: higher priced homes
Cities with Similar Populations
- Hewitt, NJ: equally priced homes
- Reedsport, OR: less expensive homes
- Reedsville, PA: less expensive homes
- Reidland, KY: less expensive homes
- Reminderville, OH: less expensive homes
- High Point, FL: less expensive homes
- Rexford, NY: equally priced homes
- Hiddenite, NC: less expensive homes
- Reynoldsville, PA: less expensive homes
- Rice, MN: less expensive homes
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