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Boston

Learn about the people, housing, costs and businesses in Boston, Indiana

Median Home$215,700
Median Rent$838/month
Population144
Leading IndustriesTransportation · Professional Services · Education3% transportation
Home Value Growth⬆⬆+12.9% over 2 years
Family-Friendly27% of residentsabove average nationally
Homeowners93% of occupied units
NotableTransit87/100 · excellent transit access
NotableVeteran Community9% of residents · top 22% nationally
Boston
IN

Frequently Asked Questions

What are today's mortgage rates in Boston?

As of today, the 30-year fixed mortgage rate for Boston is approximately 6.956% (6.994% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Boston?

The median home value in Boston is $216k. The median monthly rent is $838. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Boston?

Home values in Boston have increased 12.9% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Boston?

Based on a typical all-in ownership cost of $1,136/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $49k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Boston is $81k/year.

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What industries drive the economy in Boston?

The largest employment sectors in Boston are public administration (23%) and healthcare (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.