Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Lunenburg

Learn about the people, housing, costs and businesses in Lunenburg, Massachusetts

Median Home$477,985
Median Rent$1,606/month
Population1,835
Leading IndustriesHealthcare · Arts, Food & Hospitality · Transportation17% healthcare
Home Value Growth⬆⬆⬆+21.8% over 2 years
Young Adults24% of residents
Homeowners79% of occupied units
NotableHigh Incomes$122k/year · top 8% nationally
NotableHighly Educated27% bachelor's · 14% graduate · top 14% nationally
Lunenburg
MA

Frequently Asked Questions

What are today's mortgage rates in Lunenburg?

As of today, the 30-year fixed mortgage rate for Lunenburg is approximately 6.848% (6.882% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Lunenburg
What is the median home price in Lunenburg?

The median home value in Lunenburg is $478k. The median monthly rent is $1,606. Annual property taxes average $6k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lunenburg?

Home values in Lunenburg have increased 21.8% 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 Lunenburg?

Based on a typical all-in ownership cost of $2,043/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $88k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lunenburg is $122k/year.

Calculate your buying power
What industries drive the economy in Lunenburg?

The largest employment sectors in Lunenburg are public administration (23%) and healthcare (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.