Cost of Living in Woburn, MA
Population: 41,205 • 2026 Data
$107,754
Median Household Income
+39% vs national
$2,190
Median Monthly Rent
+62% vs national
$641,800
Median Home Value
+89% vs national
7.4%
Unemployment Rate
Housing in Woburn
The median home value in Woburn, MA is $641,800. Monthly rent for a typical unit averages $2,190, while total monthly housing costs (including utilities and insurance) average $2,234.
Rent-to-income ratio: 24.4%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Woburn, MA is $107,754. The unemployment rate stands at 7.4%, with a labor force of 25,282 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.