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Here’s the salary you need to afford a home in Boston, Worcester

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Here’s the salary you need to afford a home in Boston, Worcester


Gov. Maura Healey unveils $4B proposal to build and preserve housing

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Gov. Maura Healey unveils $4B proposal to build and preserve housing

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BOSTON – Looking to buy a home near the two biggest cities in Massachusetts? It won’t be easy without a six-figure income.

A recent report from real estate company Redfin found that homebuyers need to make at least $115,000 to afford “the typical U.S. home.” That’s already $40,000 more than what the average household makes. And they’ll need more than that if they’re looking to buy around Boston or Worcester.

In the Boston metro area, the annual income required to afford a median-priced home was $194,188 as of August 2023. That’s a year-over-year increase of 22.7%, according to Redfin. The median monthly mortgage payment is $4,855 and the median home sale price was $712,000.

In the Worcester area, homebuyers need an income of $118,640. The median home sold for $435,000 with a monthly mortgage payment of $2,966.

The map below shows the 50-plus cities where a six-figure income is needed to buy a median-priced home.

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“Even places that historically have been affordable now need six figures,” Redfin chief economist Daryl Fairweather told CBS MoneyWatch.

Last month, Massachusetts Gov. Maura Healey introduced a $4 billion bill with the goal of building tens of thousands of new homes. The plan imposes fees on high-priced real estate, with the money going toward building more affordable housing. 

The bill calls for 22,000 new homes for low-income families and 12,000 new homes for households that are considered middle-income. 



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Massachusetts

Massachusetts From the Lowest to the Highest Elevation

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Massachusetts From the Lowest to the Highest Elevation


Massachusetts is a small state. At 10,555 square miles, 25.7 percent of which is water, Massachusetts is the seventh-smallest state in the nation. Massachusetts can fit into Alaska, the largest state, 62 times.

As little as it is, Massachusetts seems to have it all. There are oceans, forests, lakes, rivers, islands, mountains and at least two inactive volcanoes that date back hundreds of millions of years.

The Bay State’s highest and lowest elevations are at opposite corners.

The lowest elevation anywhere is sea level. That would be us, here in New Bedford and much of southeastern Massachusetts. New Bedford’s shoreline is the lowest elevation in Massachusetts.

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So what about the highest elevation in Massachusetts? That would be Mount Greylock in the northwest corner of the state.

Massachusetts From The Lowest To The Highest Elevation

Barry Richard/Townsquare Media

According to the Massachusetts Department of Parks and Recreation’s Mount Greylock State Reservation website, “At 3,491 feet, Mount Greylock is the highest point in Massachusetts.”

The site says, “On a clear day, you can see as far as 90 miles away.”

Mount Greylock is open from dawn to dusk every day except Thanksgiving and Christmas. There is an auto road from the base to the summit, however “vehicles greater than 22 feet in length are prohibited from traveling on the Mount Greylock Auto Roads and to the summit.”

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The distance from New Bedford, the lowest elevation in Massachusetts, and Mount Greylock, the highest, is 134 miles as the crow flies. According to Waze, the drive from New Bedford to Mount Greylock is 188.9 miles and will take about three hours and 12 minutes.

Jonathan the Tortoise Is Older Than These Historic Massachusetts Staples

People come and people go but Jonathan is forever. At least it seems that way. The oldest-living documented land animal, born in 1832, is celebrating 192 spectacular years and shows no signs of stopping. To put his mindblowing age into perspective, here are some Massachusetts mainstays Jonathan predates.

12 Things Invented in the Commonwealth of Massachusetts

A lot of life-changing things have come out of Massachusetts. Here are a few of the Bay State inventions still relevant to our lives today.

Gallery Credit: Gazelle





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Massachusetts

Gov. Maura Healey on plan to protect Massachusetts from climate change

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Gov. Maura Healey on plan to protect Massachusetts from climate change


Gov. Maura Healey on plan to protect Massachusetts from climate change – CBS Boston

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Before traveling to the Vatican for a climate conference, Massachusetts Gov. Maura Healey sat down with WBZ-TV’s Jacob Wycoff to discuss climate change.

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Here's When Worcester Beaches, Pools Will Open In 2024

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Here's When Worcester Beaches, Pools Will Open In 2024


WORCESTER, MA — Worcester is targeting a July opening date for the city’s four beaches and the Crompton Park pool, but aquatic activities will look a little different for summer 2024.

Worcester has had trouble hiring lifeguards to staff swimming areas in recent years — a period that saw several drownings, although none at city swimming areas proper — and so this summer will use the YMCA of Central Massachusetts for staffing.

“The YMCA will recruit, train, and staff the beaches and pool from the beginning of July until mid-August,” the city said in a news release this week. “The YMCA will use its access to indoor pool facilities and training programs to assist in staffing the program. Additionally, because the YMCA has year-round facilities, the trained lifeguards will be able to transfer into year-round positions at its facilities.”

Rob Antonelli, Worcester’s parks director, told city councilors on Tuesday the department is on track to open swimming areas by July 1. The beaches are located at Bell Hill Park, Coes Pond and two at Indian Lake. Worcester will still manage the city’s two spray parks at East Park and Greenwood Park, plus activities like trash removal and testing water quality.

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The state Department of Conservation and Recreation will open its freshwater and saltwater beaches over Memorial Day weekend, including the two Lake Quinsigamond State Park beaches. DCR’s Bennett Field and Dennis F. Shine Memorial pools typically open in late June.



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