Cost of Living in Dedham, MA
Population: 25,109 • 2026 Data
$124,375
Median Household Income
+61% vs national
$2,058
Median Monthly Rent
+53% vs national
$630,400
Median Home Value
+86% vs national
3.6%
Unemployment Rate
Housing in Dedham
The median home value in Dedham, MA is $630,400. Monthly rent for a typical unit averages $2,058, while total monthly housing costs (including utilities and insurance) average $2,329.
Rent-to-income ratio: 19.9%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Dedham, MA is $124,375. The unemployment rate stands at 3.6%, with a labor force of 14,741 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.