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Old Rochester

Learn about the people, housing, costs and businesses in Old Rochester, Massachusetts

Median Home$637,799
Median Rent$1,415/month
Population18,480
Leading IndustryRetail13% of local workforce
Home Value Growth⬆⬆+16.1% over 2 years
Retirees23% of residentsabove average nationally
Homeowners88% of occupied units
NotableHigh Incomes$130k/year · top 14% nationally
Old Rochester
MA

Frequently Asked Questions

What are today's mortgage rates in Old Rochester?

As of today, the 30-year fixed mortgage rate for Old Rochester is approximately 6.834% (6.868% 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 Old Rochester?

The median home value in Old Rochester is $638k. The median monthly rent is $1,415. Annual property taxes average $6k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Old Rochester?

Home values in Old Rochester have increased 16.1% 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 Old Rochester?

Based on a typical all-in ownership cost of $1,907/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $82k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Old Rochester is $130k/year.

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What industries drive the economy in Old Rochester?

The largest employment sectors in Old Rochester are public administration (23%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.