29 / 100

Middlesex County, MA

Cambridge

RANK #704 / 996 NAT  ·  #7 / 12 MA  ·  POP 1,623,109

1YR FORECAST: +0.5%

5YR OUTLOOK: +19%

Our model projects Middlesex County's housing market at +0.5% 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.

[02] Market Snapshot

Housing Ratio
5.2x

Above national median (4.7x)

GDP Growth
+3.1%

Above national median

Home Prices
+1.3%

Below national median

Climate & Terrain
-1.1

Below-average climate & terrain

Price/Rent
18x

Above national median (13x)

Housing is fairly valued at 5.2x 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

The Numbers

DEMOGRAPHICS
Population
1,623,109
-0.02% YoY
Median Household Income
$121,304
Median Home Value
$654,300
+1.32% 12mo
Median Rent
$2,004
Average Annual Pay
$113,704
+6.1% YoY
Employment
926,104
-0.5% YoY
Income-to-Home-Value
0.1854
Near national average
Migration Inflow
2.77%
of pop. from another state
Bachelor's Degree+
58.5%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$738,000
Days on Market
30
Active market
Months of Supply
2.3
Seller's market
Sale-to-List Ratio
100.0%
Near asking price
Sold Above List
38.7%
Listings w/ Price Drops
15.2%
Building Permits (2024)
3,495
Single-Family Permits
889

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

GDP Growth +3.1% 58 percentile
Population Growth -0.0% 29 percentile
Income Growth +8.5% 51 percentile
Vacancy Rate 0.7% 83 percentile
Home Price Change +1.3% 50 percentile
Rent Growth +1.3% 25 percentile
Price/Rent 18x 13 percentile

Bars show percentile rank among all 996 counties.

[08] Frequently Asked Questions

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

At 29/100, Middlesex County faces headwinds that place it in the lower third of the 996 counties we track. Median income of $121,304 combined with job growth of -0.5% suggests the local economy is struggling to keep pace with national trends.

Is Middlesex County affordable?

Middlesex County leans toward the expensive side. A median home value of $654,300 against an income-to-home-value ratio of 0.19 means housing eats a bigger share of local earnings than the national norm. Renters face $2,004/month on average.

Is Middlesex County growing or shrinking?

Population and employment in Middlesex County are both close to flat — population -0.0% YoY and jobs -0.5%. Home values shifted +1.3% over the past 12 months. A steady-state county, neither expanding quickly nor shrinking.

Are people moving to Middlesex County?

There's a moderate stream of newcomers. About 2.77% 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

Worcester County, MA 28 Franklin County, MA 33 Berkshire County, MA 24 Essex County, MA 23 Suffolk County, MA 23 Norfolk County, MA 22 Baltimore County, MD 29 Sacramento County, CA 28