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Swampscott School District in Nahant (7-12)

Learn about the people, housing, costs and businesses in Swampscott School District in Nahant (7-12), Massachusetts

Median Home$748,800
Median Rent$1,777/month
Population3,325
Leading IndustriesEducation · Arts, Food & Hospitality · Healthcare6% education
Home Value Growth+10.1% over 2 years
Retirees36% of residentstop 1% nationally
Homeowners79% of occupied units
NotableHighly Educated28% bachelor's · 22% graduate · top 10% nationally
NotableHigh Incomes$113k/year · top 23% nationally
Swampscott School District in Nahant (7-12)
MA

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Frequently Asked Questions

What are today's mortgage rates in Swampscott School District in Nahant (7-12)?

As of today, the 30-year fixed mortgage rate for Swampscott School District in Nahant (7-12) is approximately 6.789% (6.821% 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 Swampscott School District in Nahant (7-12)
What is the median home price in Swampscott School District in Nahant (7-12)?

The median home value in Swampscott School District in Nahant (7-12) is $749k. The median monthly rent is $1,777. Annual property taxes average $7k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Swampscott School District in Nahant (7-12)?

Home values in Swampscott School District in Nahant (7-12) have increased 10.1% 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 Swampscott School District in Nahant (7-12)?

Based on a typical all-in ownership cost of $2,050/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 Swampscott School District in Nahant (7-12) is $113k/year.

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What industries drive the economy in Swampscott School District in Nahant (7-12)?

The largest employment sectors in Swampscott School District in Nahant (7-12) are public administration (25%) and healthcare (22%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.