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Cost of Living in Wilmington, MA

Population 23,336 · Census ACS 2020–2024 5-year estimates

Median rent$2,394
Median home value$680,500
Median household income$168,152

The median rent in Wilmington, MA is $2,394/month, 36% higher than the Massachusetts median and 69% higher than the U.S. median. The median home value is $680,500, 105% higher than the national median. Households earn a median of $168,152 a year, 62% higher than the state median.

Affordability

Rent as a share of median income: 17.1%
Income needed for median rent (30% rule): $95,760/yr
Home price-to-income ratio: 4.0×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $3,441/mo

Run your own numbers: mortgage calculator · hourly to salary

Wilmington vs. Massachusetts vs. U.S.

WilmingtonMassachusettsU.S.
Median rent$2,394$1,762$1,413
Median home value$680,500$562,100$332,700
Median household income$168,152$103,960$80,734
Homeownership rate88.1%62.5%65.2%
Bachelor's degree or higher50.4%47.3%35.7%
Poverty rate3.8%10.0%12.5%
Unemployment rate4.8%5.2%5.2%
Work from home19.7%18.6%15.1%
Median age42.340.038.9

FAQ

What is the average rent in Wilmington, MA?

The median gross rent in Wilmington, MA is $2,394 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Wilmington, MA?

Using the common 30% rule, renting a median-priced home takes about $95,760 a year in gross income.

Is Wilmington, MA expensive to live in?

Rent there is 69% higher than the U.S. median, and the median home costs about 4.0 times the median household income.

Other cities in Massachusetts

Boston, MARent $2,147 · Income $97,344Worcester, MARent $1,487 · Income $70,102Springfield, MARent $1,144 · Income $52,656Cambridge, MARent $2,787 · Income $130,748Lowell, MARent $1,625 · Income $78,658Brockton, MARent $1,641 · Income $80,115

Cities with a similar cost of living

Celina, TXRent $2,379 · Income $170,894Olney, MDRent $2,404 · Income $171,458Redmond, WARent $2,409 · Income $162,560Hudson, OHRent $2,344 · Income $171,427West Springfield, VARent $2,455 · Income $163,115Morgan Hill, CARent $2,474 · Income $163,920

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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