Gloucester, Massachusetts Tier 3
Tier 3 · solid schools · about 71 minutes door-to-door to downtown Boston at peak · 63% of households own their home.
$875k
4BR / 2BA house (est.)
$650k
3BR townhouse (est.)
$480k
2BR condo (est.)
$9.31
Tax per $1,000 (FY2026)
71 min
Peak drive to Boston (modeled)
🚆 60 min
Commuter rail · ~60 min to terminal
63%
Homeowners (ACS 2019–23)
What it takes to live here
| Scenario (20% down) | Monthly all-in | Income needed |
|---|---|---|
| 4BR / 2BA detached house | $5,278/mo | $226k/yr |
| 3BR / 2BA townhouse | $3,966/mo | $170k/yr |
| 2BR condo | $2,975/mo | $127k/yr |
Monthly = mortgage (6.5%, 30-year, 20% down) + property tax at Gloucester’s actual FY2026 rate ($9.31/$1,000 = 0.93% of assessed value) + $175 insurance. “Income needed” keeps housing at 28% of gross income. Prices are market estimates, not appraisals.
Community snapshot
| ACS 2019–2023 (via MAPC DataCommon) | Share |
|---|---|
| Homeowner households | 63% |
| White (non-Hispanic) | 89% |
| Asian (non-Hispanic) | 1.6% |
| Latino / Hispanic | 4.8% |
| African American (non-Hispanic) | 1.1% |
These figures are neutral census facts, shown for every town equally. They are never used to filter, rank, or recommend towns — see our methodology and the federal Fair Housing Act.
