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Wilmington, MA

Full City Profile · Massachusetts · Middlesex County County

3.8 /5.0
B+ Good
23,195 Population 1,367/sq mi density
$161,473 Median Income $60,558 per capita
$646,200 Home Value $758,886 Zillow
$2,412 Median Rent 32.1% income on rent
51°F Avg Temperature 259 sunny days/yr
134 Violent Crime/100K 644 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$161,473 median income, 3.7% unemployment
A
Affordability
4.4 / 5.0
$646,200 home value, $2,412/mo rent
F
Safety
1.0 / 5.0
134 violent crimes/100K
A+
Education
4.9 / 5.0
49.2% bachelor's degree or higher

Housing Overview

Median Home Value
$646,200
129% above
US avg: $281,900
Median Rent
$2,412/mo
107% above
US avg: $1,163/mo
Homeownership Rate
86.9%
33% above US avg (65.4%)
Total Housing Units
8,138
Median year built: 1975

Home Value by Source

Census Median
$646,200
Zillow (ZHVI)
$758,886
Median Sale Price
$700,000
Median List Price
$749,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

86.9%
Owner-Occupied
13.1%
Renter-Occupied
87%
13%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,727/mo
1 Bedroom
$1,822/mo
2 Bedroom
$2,300/mo
3 Bedroom
$2,858/mo
4 Bedroom
$3,232/mo
Census median rent: $2,412/mo

Market Indicators (Redfin)

Median Days on Market
39 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
4
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$404
Active Inventory
15
homes for sale

Affordability & Housing Stock

Rent Burden
32.1%
of renters spending 30%+ of income on housing
4% above US avg (31.0%)
Median Year Built
1975
Average age of housing stock: 51 years
Homeownership Rate
86.9%

Complete Housing Data

Home Values

Census Median Value$646,200
Zillow Home Value (ZHVI)$758,886
Median Sale Price$700,000
Median List Price$749,900
Price Per Sq Ft$404

Rent

Census Median Rent$2,412
FMR Studio$1,727
FMR 1-Bedroom$1,822
FMR 2-Bedroom$2,300
FMR 3-Bedroom$2,858
FMR 4-Bedroom$3,232

Market

Days on Market39
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold4
Active Inventory15
Price Per Sq Ft$404

Ownership & Stock

Owner-Occupied86.9%
Renter-Occupied13.1%
Homeownership Rate86.9%
Total Housing Units8,138
Median Year Built1975
Rent Burden32.1%