22 / 100

Norfolk County, MA

Quincy

RANK #770 / 996 NAT  ·  #12 / 12 MA  ·  POP 722,112

1YR FORECAST: +1.1%

5YR OUTLOOK: +17%

Our model projects Norfolk County's housing market at +1.1% over the next year, underperforming most U.S. counties.

[01] Why Norfolk County?

Norfolk County, Massachusetts, is often recognized as the "County of Presidents," being the birthplace of four U.S. Presidents: John Adams, John Quincy Adams, John F. Kennedy, and George H. W. Bush. Located southwest and south of Boston, the county offers a mix of suburban and rural environments. Commute options to Boston are available via the MBTA commuter rail, with towns like Canton and Westwood offering efficient train and highway access. The community feel across its 28 towns and one city, Quincy, often emphasizes safety, cleanliness, and local engagement. Outdoor recreation is accessible through areas like the Blue Hills Reservation, offering hiking and scenic views, and Wollaston Beach.

Life in Norfolk County is characterized by a blend of suburban comfort and access to urban centers. Many residents own their homes, and the public schools are highly rated, making it attractive to families. The county is considered one of the wealthiest in Massachusetts, with a median household income of $120,621. While specific major employers are not consistently highlighted as distinctive, the economy benefits from wholesale trade and manufacturing, including communications equipment. Real estate activity in Norfolk County has shown consistent growth, with increasing property transactions and mortgage recordings in recent months.

[02] Market Snapshot

Housing Ratio
7.4x

Overvalued relative to economy

GDP Growth
+2.0%

Below national median

Home Prices
+1.0%

Below national median

Climate & Terrain
-0.6

Below-average climate & terrain

Price/Rent
17x

Above national median (13x)

Housing looks overvalued at 7.4x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Sodexo Hospitality
    50,000+
  2. 2
    The TJX Companies, Inc. Retail
  3. 3
    Panera Bread Hospitality
  4. 4
    Health Care & Social Assistance (Various Employers) Healthcare
  5. 5
    Educational Services (Various Employers) Education
    25,000+
  6. 6
    Walgreens Retail
    10,000+
  7. 7
    Raytheon Systems Intl Co. Manufacturing
  8. 8
    AT&T Technology
  9. 9
    Dunkin' Hospitality
  10. 10
    Commonwealth of Massachusetts Government

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

[04] Home Value Growth vs National

Norfolk County U.S. National

The Numbers

DEMOGRAPHICS
Population
722,112
+0.24% YoY
Median Household Income
$120,621
Median Home Value
$612,100
+0.99% 12mo
Median Rent
$1,933
Average Annual Pay
$84,497
+3.6% YoY
Employment
346,327
+0.4% YoY
Income-to-Home-Value
0.1971
Near national average
Migration Inflow
4.04%
of pop. from another state
Bachelor's Degree+
56.3%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$676,250
Days on Market
28
Active market
Months of Supply
3.0
Balanced market
Sale-to-List Ratio
100.1%
Homes selling above asking
Sold Above List
34.1%
Listings w/ Price Drops
14.3%
Building Permits (2024)
1,224
Single-Family Permits
647

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

[05] Crime & Safety

A
SAFETY
GRADE
Homicide Rate
1.2
per 100K · nat avg 6.3
Firearm Fatalities
2.2
per 100K · nat avg 14.8
Injury Deaths
63.1
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)
39.3
Good
Good Air Days
79%
860 of 1,095 days
Unhealthy+ Days (3yr)
8
Sensitive groups affected
Primary Pollutant
Ozone
Ground-level ozone
Yearly Trend
2021
37
2022
40
2023
41
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 +2.0% 35 percentile
Population Growth +0.2% 40 percentile
Income Growth +7.6% 28 percentile
Vacancy Rate 0.7% 81 percentile
Home Price Change +1.0% 45 percentile
Rent Growth +2.2% 37 percentile
Price/Rent 17x 20 percentile

Bars show percentile rank among all 996 counties.

[08] Frequently Asked Questions

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

At 22/100, Norfolk County faces headwinds that place it in the lower third of the 996 counties we track. Median income of $120,621 combined with job growth of +0.4% suggests the local economy is struggling to keep pace with national trends.

Is Norfolk County affordable?

Norfolk County leans toward the expensive side. A median home value of $612,100 against an income-to-home-value ratio of 0.20 means housing eats a bigger share of local earnings than the national norm. Renters face $1,933/month on average.

Is Norfolk County growing or shrinking?

Population and employment in Norfolk County are both close to flat — population +0.2% YoY and jobs +0.4%. Home values shifted +1.0% over the past 12 months. A steady-state county, neither expanding quickly nor shrinking.

Are people moving to Norfolk County?

There's a moderate stream of newcomers. About 4.04% of residents moved from another state, which is above average and suggests Norfolk County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[09] Similar Counties by Size & Score

Essex County, MA 23 Suffolk County, MA 23 Berkshire County, MA 24 Worcester County, MA 28 Middlesex County, MA 29 Franklin County, MA 33 Montgomery County, PA 22 Morris County, NJ 22