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Housing Affordability in Reading, MA

Households that spend 30% or more of income on housing, rent and owner costs compared with income. American Community Survey 2020-2024 5-year estimates.

Households paying 30%+ for housing
23.5%
Massachusetts 35.7%
Renters paying 30%+
27.8%
Massachusetts 51.8%
Homeowners paying 30%+
22.5%
Massachusetts 26.5%
Owner costs with a mortgage
$3,408/mo
Massachusetts $2,726/mo

Housing costs compared with income

  • Renters paying 30% or more47327.8%
  • Homeowners paying 30% or more1,79622.5%
  • Renters paying 50% or more18610.9%
  • Median rent as a share of income: 24.7%
  • Median owner costs as a share of income, with a mortgage: 19.9%
  • Median owner costs without a mortgage: $1,260/mo
  • Median home value divided by median household income: 4.9

How it compares

Swipe the table sideways to see more columns.

AreaHouseholds paying 30%+ for housingRenters 30%+Owners 30%+Median rent as % of income
Reading, MA23.5%27.8%22.5%24.7%
Middlesex County33.0%47.1%24.5%28.8%
Massachusetts35.7%51.8%26.5%30.9%
United States32.2%51.1%22.7%30.6%

Frequently asked questions

What is the housing cost burden in Reading, MA?
In Reading, MA, 23.5% of households spend 30% or more of their income on housing costs.
How does Reading compare with Massachusetts?
The households paying 30%+ for housing in Reading is 23.5%, compared with 35.7% for Massachusetts as a whole.

Source: U.S. Census Bureau, American Community Survey · 2020-2024 5-year estimates