23 / 100

Suffolk County, MA

Boston

RANK #758 / 996 NAT  ·  #11 / 12 MA  ·  POP 785,443

1YR FORECAST: +0.1%

5YR OUTLOOK: +17%

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

[01] Why Suffolk County?

Suffolk County, Massachusetts, is defined by Boston, its largest city and the state capital, which anchors the county's identity. The county is situated on Massachusetts Bay, featuring a hilly coastal region and several islands. Notable towns like Winthrop and Revere offer coastal living with access to Boston. Residents and visitors can explore historical sites along the Freedom Trail, including the Old North Church and Paul Revere House, or enjoy green spaces like Boston Common and the Boston Public Garden. Commuting within the county and to surrounding areas is facilitated by the Massachusetts Bay Transportation Authority (MBTA) subway, bus, and commuter rail services, along with ferries and various shuttle programs.

Life in Suffolk County is characterized by its urban and diverse environment, attracting many young professionals. The county's economy is largely driven by financial services, including banking, insurance, and investment management, alongside health care and social assistance, and professional, scientific, and technical services. Education also plays a significant role, with numerous colleges and universities in and around Boston. Recent economic developments include the Suffolk Downs redevelopment project in East Boston and Revere, which aims to create a mixed-use neighborhood with residential units, commercial spaces, and life sciences facilities, projected to generate thousands of jobs.

[02] Market Snapshot

Housing Ratio
3.3x

Undervalued relative to economy

GDP Growth
+1.8%

Below national median

Home Prices
+0.6%

Well below national median

Climate & Terrain
0.8

Moderate climate & terrain

Price/Rent
16x

Above national median (13x)

Housing looks undervalued at 3.3x — home prices are low relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Fidelity Investments Finance
    50,000+
  2. 2
    State Street Corporation Finance
    25,000+
  3. 3
    Gillette Manufacturing
  4. 4
    Iron Mountain Other
    10,000+
  5. 5
    Civitas Solutions Healthcare
  6. 6
    Publicis Sapient Technology
  7. 7
    Massachusetts General Hospital Healthcare
  8. 8
    Brigham and Women's Hospital Healthcare
  9. 9
    Boston University Education
    5,000+
  10. 10
    Liberty Mutual Finance

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

[04] Home Value Growth vs National

Suffolk County U.S. National

The Numbers

DEMOGRAPHICS
Population
785,443
-0.91% YoY
Median Household Income
$87,669
Median Home Value
$650,900
+0.58% 12mo
Median Rent
$1,953
Average Annual Pay
$131,280
+5.5% YoY
Employment
713,809
+0.4% YoY
Income-to-Home-Value
0.1347
Less affordable than average
Migration Inflow
4.05%
of pop. from another state
Bachelor's Degree+
49.2%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$749,000
Days on Market
52
Moderate pace
Months of Supply
4.6
Balanced market
Sale-to-List Ratio
98.7%
Near asking price
Sold Above List
25.9%
Listings w/ Price Drops
12.0%
Building Permits (2024)
2,007
Single-Family Permits
74

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

[05] Crime & Safety

C+
SAFETY
GRADE
Homicide Rate
5.9
per 100K · nat avg 6.3
Firearm Fatalities
5.8
per 100K · nat avg 14.8
Injury Deaths
67.9
per 100K · nat avg 76.3
vs National Average
Near 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)
43.0
Good
Good Air Days
67%
729 of 1,095 days
Unhealthy+ Days (3yr)
5
Sensitive groups affected
Primary Pollutant
PM2.5
Fine particulate matter
Yearly Trend
2021
44
2022
41
2023
44
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 +1.8% 31 percentile
Population Growth -0.9% 4 percentile
Income Growth +9.2% 68 percentile
Vacancy Rate 1.5% 23 percentile
Home Price Change +0.6% 39 percentile
Rent Growth +1.5% 26 percentile
Price/Rent 16x 28 percentile

Bars show percentile rank among all 996 counties.

[08] Frequently Asked Questions

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

At 23/100, Suffolk County faces headwinds that place it in the lower third of the 996 counties we track. Median income of $87,669 combined with job growth of +0.4% suggests the local economy is struggling to keep pace with national trends.

Is Suffolk County affordable?

Affordability is a real challenge in Suffolk County. The median home is valued at $650,900 — with an income-to-home-value ratio of just 0.13, that's significantly harder to afford than in most U.S. counties. Median rent runs $1,953/month.

Is Suffolk County growing or shrinking?

Suffolk County is losing population (-0.9% YoY) while the job market is essentially flat (+0.4% employment change). Home values are +0.6% over the past 12 months. A slow-bleed pattern — not a collapse, but residents are leaving faster than employers are hiring.

Are people moving to Suffolk County?

There's a moderate stream of newcomers. About 4.05% of residents moved from another state, which is above average and suggests Suffolk 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 Berkshire County, MA 24 Norfolk County, MA 22 Worcester County, MA 28 Middlesex County, MA 29 Franklin County, MA 33 San Joaquin County, CA 23 Montgomery County, PA 22