Somerville, MA
81,036Residents
$132,572Median household income
$2,517/moMedian gross rent
$911,300Median home value
31.9Median age
69%Adults with a bachelor’s degree or higher
34%Homes lived in by their owners
6.9×Home value to household income
Median rent takes about 23% of the median household income in Somerville.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $101,000 a year. In Massachusetts that leaves roughly $6,236 a month after tax. See the full paycheck breakdown for $100,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.