salaryRent is higher than in 68% of U.S. cities. Household incomes are higher than in 97% of U.S. cities. A typical house costs about 4.8 years of household income. Commutes are long, about 32.9 minutes each way. Most homes (85.2%) are owned, so rentals can be hard to find. It is a highly educated city: 78.3% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $79,080 a year. That is $38 an hour at a full-time job.
Is rent cheaper than other Massachusetts cities?
Yes. Rent here is cheaper than in most of Massachusetts. It is number 46 of 123 cities from cheapest to most expensive.
How much do households earn in Marblehead?
Share of households by yearly income. 64.3% of households earn $100,000 or more.
Rent by apartment size in Marblehead
| Size | Marblehead | U.S. average |
|---|---|---|
| Studio | $1,229 | $1,338 |
| 1 bedroom | $1,584 | $1,324 |
| 2 bedrooms | $2,003 | $1,509 |
| 3 bedrooms | $3,244 | $1,698 |
| 4 bedrooms | $3,500+ | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Marblehead overall?
Everyday prices in Massachusetts overall are 6% above the U.S. average (index 105.8, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Marblehead, so the Massachusetts figure is shown.
Taxes and bills in Marblehead
Life in Marblehead
Is it cheaper to rent or buy in Marblehead?
Renting is cheaper right now: about $4,572 a month less.
Owning assumes a typical $943,900 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $94,390 for the down payment.
Frequently asked questions
What is the average rent in Marblehead, MA?
Renting in Marblehead costs a median of about $1,977 a month in 2026, including utilities. The Massachusetts median is $2,331.
How much do I need to make to live in Marblehead?
To keep rent under 30% of income, you need about $79,080 a year, or $38 an hour at a full-time job.
Is Marblehead cheap or expensive?
Marblehead is rated Cheap: rent takes 12.1% of the typical household income of $196,429. It ranks 46th cheapest of 123 Massachusetts cities we track.
How much are property taxes in Marblehead?
The median homeowner in Marblehead pays $8,309 a year in property taxes, about 0.88% of the median home value.
Is Marblehead more expensive than the national average?
Overall prices in Massachusetts are 6% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Marblehead?
The median home value in Marblehead is $943,900, about 4.8 times the typical yearly household income.
20,413 people live in Marblehead. Numbers are typical (middle) values.