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Norfolk County Housing Market

Massachusetts · 14 counties · Ranked #3085 in home value

Above National Avg

Housing at a Glance

Median Home Value

$649,400

vs national+$649,400 vs $281,900 national

Median Gross Rent

$2,072/mo

vs national+$2,072 vs $1,163 national

Effective Tax Rate

1.09%

vs national+1.09% vs 1.02% national

Median Household Income

$126,497

vs national+$126,497 vs $74,755 national

Affordability Ratio

5.1x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

30.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$7,081

Tax as % of Home Value

1.09%

Monthly Owner Cost

$2,524

Renter Income

$72,303

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Frequently Asked Questions

What is the median home value in Norfolk County?

The median home value in Norfolk County is $649,400. This is above the national median of $281,900.

How much is rent in Norfolk County?

The median gross rent in Norfolk County is $2,072 per month.

What is the property tax rate in Norfolk County?

The effective property tax rate in Norfolk County is 1.09%. The median annual property tax bill is $7,081.

Is Norfolk County affordable?

With a home-value-to-income ratio of 5.1x, Norfolk County is considered expensive compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.