Worcester
Massachusetts · Ranked #69 of 102 metros
38Crisis
Median Home Price
🏠$420K
Need $121K income
Median Rent
🔑$2K
Need $64K income
Housing Shortage
📉20,000
units needed
Building Permits
🔨3,500
annual
Median Income
💰$67K
Pop: 943,312
Rent Burden
⚠️35.0%
of renters paying >30%
Price Change (YoY)
📈+6%
Homeownership
🏡61.0%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Worcester | National |
|---|---|---|
| Price-to-Income Ratio | 6.3x | 6.1x |
| Rent Burden | 35.0% | 31.5% |
| Homeownership Rate | 61.0% | 65.5% |
| YoY Price Change | +6% | +3.5% |
| YoY Rent Change | +4.5% | +2.8% |
| Mortgage Denial Rate | 13.5% | 13.5% |
| Eviction Rate | 3.0% | 3.6% |