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Middlesex County, MA

RANK #871 / 1001 NAT  ·  #12 / 12 MA  ·  POP 1,638,365

1YR FORECAST: +0.1%

5YR OUTLOOK: +21%

Our model projects Middlesex County's housing market at +0.1% over the next year, underperforming most U.S. counties.

[01] Why Middlesex County?

Concord, Massachusetts, a town within Middlesex County, holds historical significance as the site of the first armed conflicts of the American Revolutionary War, alongside Lexington. Located west and northwest of Boston, Middlesex County offers a blend of suburban and urban environments. Commuting to Boston is feasible, with options including the MBTA commuter rail from towns like Concord and West Concord, and various shuttle services connecting to MBTA stations like Alewife. The county features diverse natural scenery, including rivers like the Merrimack and Concord, and notable spots like Walden Pond and the expansive Middlesex Fells Reservation, providing opportunities for hiking, biking, and boating.

Life in Middlesex County is characterized by a high quality of life, supported by strong educational institutions, including Harvard University and MIT in Cambridge, and top-rated public schools across many towns. The economy is driven by innovation, with a concentration of technology, education, healthcare, and manufacturing sectors. While the county experienced a slight decline in employment between September 2024 and September 2025, average weekly wages saw a significant increase, making Middlesex County among the highest in the U.S. for average weekly wages. This economic landscape attracts professionals and families seeking both career opportunities and community amenities.

MARKET PROFILE

Educated Suburban Growth

Middlesex County is one of 110 U.S. counties in this market profile — weaker than typical on the BoomTown Index. Within this cohort, its recent home-price change of +1.1% runs below the profile's typical +2.4%.

See all 110 Educated Suburban Growth counties →

[02] Market Snapshot

Housing Ratio
11.2x

Overvalued relative to economy

Home Prices
+1.1%

Below national median

Climate & Terrain
-1.1

Below-average climate & terrain

Price/Rent
19x

Above national median (15x)

Housing looks overvalued at 11.2x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Harvard University Education
    10,000+
  2. 2
    Massachusetts Institute of Technology (MIT) Education
  3. 3
    Raytheon Manufacturing
  4. 4
    Lowell General Hospital (including Saints Campus) Healthcare
    2,500+
  5. 5
    University of Massachusetts, Lowell Education
  6. 6
    Takeda Pharmaceuticals/Millenium Healthcare
    1,000+
  7. 7
    IBM Technology
  8. 8
    UKG (formerly Kronos) Technology
  9. 9
    Middlesex Community College Education
    500+
  10. 10
    The Middlesex Corporation Other

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Middlesex County U.S. National

Bars show trailing 12-month growth. The dashed Forecast bars are the model's next-12-month projection; the whisker marks the ±1% range (cooling–accelerating).

The Numbers

DEMOGRAPHICS
Population
1,638,365
+0.95% YoY
Median Household Income
$130,847
Median Home Value
$727,800
+1.06% 12mo
Median Rent
$2,201
Average Annual Pay
$118,422
+4.1% YoY
Employment
903,254
-2.5% YoY
Income-to-Home-Value
0.1798
Less affordable than average
Migration Inflow
2.66%
of pop. from another state
Bachelor's Degree+
59.5%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$850,000
Days on Market
19
Very hot — homes selling fast
Months of Supply
2.2
Seller's market
Sale-to-List Ratio
102.6%
Homes selling above asking
Sold Above List
57.7%
Listings w/ Price Drops
28.4%
Building Permits (2025)
2,341
Single-Family Permits
862

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Crime & Safety

A
SAFETY
GRADE
Homicide Rate
1.0
per 100K · nat avg 6.3
Firearm Fatalities
1.9
per 100K · nat avg 14.8
Injury Deaths
58.3
per 100K · nat avg 76.3
vs National Average
Well below national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Air Quality

B
AIR QUALITY
GRADE
Median AQI (3yr)
38.0
Good
Good Air Days
81%
890 of 1,095 days
Unhealthy+ Days (3yr)
3
Sensitive groups affected
Primary Pollutant
Ozone
Ground-level ozone
Yearly Trend
2021
37
2022
38
2023
39
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] Score Breakdown

Population Growth +0.9% 65 percentile
Income Growth +3.2% 62 percentile
Vacancy Rate 0.8% 64 percentile
Home Price Change +1.1% 40 percentile
Rent Growth +1.4% 25 percentile
Price/Rent 19x 22 percentile

Bars show percentile rank among all 1001 counties.

[08] Frequently Asked Questions

Is Middlesex County, MA a good place to move to?

The data is not encouraging — Middlesex County scores just 12/100 on the Boom Town Index, ranking #871 of 1001 counties. Job growth at -2.5% and median household income of $130,847 reflect an economy that has been contracting or stagnating relative to the rest of the country.

Is Middlesex County affordable?

Middlesex County leans toward the expensive side. A median home value of $727,800 against an income-to-home-value ratio of 0.18 means housing eats a bigger share of local earnings than the national norm. Renters face $2,201/month on average.

Is Middlesex County growing or shrinking?

Middlesex County is attracting residents (population +0.9% YoY) even as the job market softens with employment at -2.5%. Housing values changed +1.1% over the past 12 months. People may be moving here for affordability or lifestyle reasons rather than job opportunities.

Are people moving to Middlesex County?

There's a moderate stream of newcomers. About 2.66% of residents moved from another state, which is above average and suggests Middlesex County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[09] Similar Counties by Size & Score

Suffolk County, MA 19 Essex County, MA 25 Norfolk County, MA 25 Worcester County, MA 32 Barnstable County, MA 36 Plymouth County, MA 38 Contra Costa County, CA 11 Alameda County, CA 9