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King Philip

Learn about the people, housing, costs and businesses in King Philip, Massachusetts

Median Home$638,814
Median Rent$1,467/month
Population33,913
Leading IndustryConstruction3% of local workforce
Home Value Growth⬆⬆+14.7% over 2 years
Young Adults30% of residentsslightly above average
Homeowners82% of occupied units
NotableHigh Incomes$155k/year · top 7% nationally
King Philip
MA

Frequently Asked Questions

What are today's mortgage rates in King Philip?

As of today, the 30-year fixed mortgage rate for King Philip is approximately 6.820% (6.853% 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 King Philip?

The median home value in King Philip is $639k. The median monthly rent is $1,467. Annual property taxes average $8k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in King Philip?

Home values in King Philip have increased 14.7% 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 King Philip?

Based on a typical all-in ownership cost of $2,400/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $103k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in King Philip is $155k/year.

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What industries drive the economy in King Philip?

The largest employment sectors in King Philip are public administration (24%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.