Cost of Living in Norfolk County, Massachusetts

$2,072/mo
Median Monthly Rent
$649,400
Median Home Value
33% above state averageUnaffordable

At a Glance

Median Monthly Rent
$2,072/mo
33% above state average
Median Home Value
$649,400
130% above national
Rent-to-Income Ratio
30.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Norfolk County Compares

Median monthly rent comparison

Norfolk County$2,072/mo
Massachusetts Average$1,558/mo
National Median$1,163/mo

Detailed Housing Stats

$2,072/mo
Median Gross Rent
$649,400
Median Home Value
$2,524/mo
Monthly Owner Cost
30.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Norfolk County, Massachusetts

Norfolk: Most balanced housing affordability

Norfolk County's rent-to-income ratio of 19.7% ranks as one of Massachusetts's most balanced, nearly matching the national average of 19.3% despite a median household income of $126,497. This county consistently delivers strong wage growth relative to housing costs, making it one of the state's affordability leaders.

Second-best affordability in Massachusetts

Norfolk ranks second only to Plymouth County among Massachusetts counties for rent-to-income balance, with a 19.7% ratio slightly above the state average of 19.3%. The county's median rent of $2,072 reflects suburban proximity to Boston, yet its high median income keeps the burden reasonable.

Balanced middle ground in greater Boston

Norfolk's $2,072 median rent sits between Middlesex's $2,126 and Plymouth's $1,655, while its $649,400 median home value aligns closely with Middlesex at $687,200. Among greater Boston suburbs, Norfolk offers the sweet spot of modest pricing with robust incomes.

Renters and buyers share similar burdens

Renters pay $2,072 monthly while homeowners spend $2,524, representing 19.7% and 20.1% of the $126,497 median income respectively. Norfolk's unusual harmony—where rents and mortgages impose nearly equal proportional burdens—reflects a mature suburban market with balanced supply.

The Goldilocks county for Boston commuters

Norfolk offers affluent suburban living with the most predictable housing costs in Massachusetts—ideal if you earn $120,000+ and want Boston access without premium pricing. If you're comparing moves across Massachusetts, Norfolk delivers better affordability than Middlesex with more amenities than Plymouth.

Affordability Calculator

See how your income compares to housing costs in Norfolk County

$

Rent Burden

19.7%

of gross income

Max Housing (28% Rule)

$2,952

per month

Owner Cost Burden

23.9%

of gross income

The median home in Norfolk County may be a stretch

Median home value is $649,400. Estimated monthly cost: $5,184 vs. your max of $2,952.

Rent Affordability Guide

Your rent-to-income ratio19.7%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Norfolk County, Massachusetts?
Norfolk County, Massachusetts has a median monthly rent of $2,072/mo and a median home value of $649,400. The affordability rating is Unaffordable, with rent making up approximately 30.0% of median household income.
What is the median rent in Norfolk County?
The median gross rent in Norfolk County is $2,072/mo. This is 33% above state average for Massachusetts.
Is Norfolk County affordable?
Norfolk County is rated Unaffordable based on rent-to-income ratio of 30.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Norfolk County's rent compare to the state average?
Norfolk County's median rent of $2,072/mo is 33% above state average of $1,558/mo for Massachusetts.
What is the median home value in Norfolk County?
The median home value in Norfolk County, Massachusetts is $649,400. This is 130% above the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.