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These days, finding an affordable place to live in the Worcester area can be challenging. Home prices in Worcester are now at a median cost of $874,185, higher than the Pennsylvania average of $288,156.
The average cost of rent is $3,328/mo in Worcester, primarily driven by the current value of real estate in the Worcester area. In Worcester, 0.71% of households rent, and 41.64% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Worcester is $17,218 per month. Households that rent pay about 19.33% of their income on rent here. Worcester’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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Cities with Similar Populations
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