Needham, Massachusetts Tier 1
Tier 1 · top schools · about 38 minutes door-to-door to downtown Boston at peak · 84% of households own their home.
$1.85M
4BR / 2BA house (est.)
$1.25M
3BR townhouse (est.)
$925k
2BR condo (est.)
$10.83
Tax per $1,000 (FY2026)
38 min
Peak drive to Boston (modeled)
🚆 35 min
Commuter rail · ~35 min to terminal
84%
Homeowners (ACS 2019–23)
What it takes to live here
| Scenario (20% down) | Monthly all-in | Income needed |
|---|---|---|
| 4BR / 2BA detached house | $11,199/mo | $480k/yr |
| 3BR / 2BA townhouse | $7,624/mo | $327k/yr |
| 2BR condo | $5,687/mo | $244k/yr |
Monthly = mortgage (6.5%, 30-year, 20% down) + property tax at Needham’s actual FY2026 rate ($10.83/$1,000 = 1.08% 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 | 84% |
| White (non-Hispanic) | 81% |
| Asian (non-Hispanic) | 11% |
| Latino / Hispanic | 3.7% |
| African American (non-Hispanic) | 1.5% |
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.
