Where Can You Find Affordable Homes?
The Boston Globe has compiled a list of the Massachusetts communities with the highest percentage of affordable homes.
The cities and towns are ranked by share of owner-occupied housing units affordable to four-person households earning 80 percent of the Boston metropolitan area's median income.
There are a few affordable communities in the top thirty I would not have expected, such as Wilmington (2), Burlington (10) and Saugus (28).
The most affordable community is Avon, with more than 50 percent of the homes affordable to four-person households earning 80 percent of the Boston metropolitan area's median income.
The least affordable community according to the data is Brookline. There are zero, yes zero, affordable homes in Brookline using the above criteria.
What communities surprised you as being affordable? Leave a comment.
The data comes from MIT's Center for Real Estate.
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