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Weymouth

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

Median Home$553,415
Median Rent$1,926/month
Population58,505
Leading IndustriesProfessional Services · Arts, Food & Hospitality · Healthcare3% professional services
Home Value Growth⬆⬆+14.6% over 2 years
Young Adults30% of residentsabove average nationally
Homeowners67% of occupied units
NotableHigh Incomes$112k/year · top 11% nationally
NotableHighly Educated28% bachelor's · 12% graduate · top 12% nationally
Weymouth Town
MA

Frequently Asked Questions

What are today's mortgage rates in Weymouth?

As of today, the 30-year fixed mortgage rate for Weymouth is approximately 6.841% (6.875% 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 Weymouth?

The median home value in Weymouth is $553k. The median monthly rent is $1,926. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Weymouth?

Home values in Weymouth have increased 14.6% 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 Weymouth?

Based on a typical all-in ownership cost of $2,121/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $91k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Weymouth is $112k/year.

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What industries drive the economy in Weymouth?

The largest employment sectors in Weymouth are public administration (28%) and healthcare (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.