MASSACHUSETTS
Welcome to Massachusetts!
Massachusetts is an attractive destination for homebuyers thanks to its unique blend of historic charm, a strong economy, and a high quality of life. From the bustling urban centers of Boston and Cambridge to the scenic coastal towns and peaceful suburban communities, the state offers a wide variety of housing options to suit different lifestyles and budgets. Massachusetts continues to draw individuals and families looking for long-term stability and opportunity.
Top CHIPs for Massachusetts
The Best Community Home Investment Programs for you.
The state isn’t the cheapest when it comes to homebuying, but there are Community Home Investment Programs (CHIPs) that can lessen the financial burden.
City of Everett First-Time Homebuyer Down Payment Assistance Program
This CHIP will help you cover the down payment of your home purchase. You can get up to $20,000 as an investment. You can get the loan forgiven in 5 years.
City of Springfield Down Payment and Closing Cost Assistance
Under this program, you can receive up to $4,000 for your down payment and closing costs. You can qualify for the loan if you are a first-time homebuyer in the city of Springfield.
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City of Newburyport Down Payment Assistance (DPA) Program
The City of Newburyport Down Payment Assistance (DPA) Program is designed to help first-time homebuyers afford a home by providing $20,000 for down payment and closing costs.
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City of Lawrence First Time Home Buyers Program (FTHB)
The City of Lawrence First Time Home Buyers Program (FTHB) is designed to help new buyers afford their first home by offering up to $25,000 in down payment and closing cost assistance at 0% interest.
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ONE+ Mortgage Program
The MHP ONE+ Mortgage Program helps first-time buyers achieve homeownership with up to 97% financing and no PMI, reducing overall costs. It offers a fixed 30-year interest rate for long-term stability.
City of Everett First-Time Homebuyer Down Payment Assistance Program
This CHIP will help you cover the down payment of your home purchase. You can get up to $20,000 as an investment. You can get the loan forgiven in 5 years.
City of Springfield Down Payment and Closing Cost Assistance
Under this program, you can receive up to $4,000 for your down payment and closing costs. You can qualify for the loan if you are a first-time homebuyer in the city of Springfield.
City of Newburyport Down Payment Assistance (DPA) Program
The City of Newburyport Down Payment Assistance (DPA) Program is designed to help first-time homebuyers afford a home by providing $20,000 for down payment and closing costs.
City of Lawrence First Time Home Buyers Program (FTHB)
The City of Lawrence First Time Home Buyers Program (FTHB) is designed to help new buyers afford their first home by offering up to $25,000 in down payment and closing cost assistance at 0% interest.
ONE+ Mortgage Program
The MHP ONE+ Mortgage Program helps first-time buyers achieve homeownership with up to 97% financing and no PMI, reducing overall costs. It offers a fixed 30-year interest rate for long-term stability.
👥
Total Population
7,029,917
🗺️
Land area in square miles
7,801.0 square miles
📊
Rank of State by size
45
📍
State Capital
Boston
💰
Median household income
$99,858
💵
Median home sale price
$1,051,359
🏘️
Total Housing Units
2,800,984
👥
Total Population
7,029,917
🗺️
Land area in square miles
7,801.0 square miles
📊
Rank of State by size
45
📍
State Capital
Boston
💰
Median household income
$99,858
💵
Median home sale price
$1,051,359
🏘️
Total Housing Units
2,800,984
Census Data Snapshot for Massachusetts
Crucial statistics and data about Massachusetts
Massachusetts census data can help you make an informed decision on whether it is worth buying a house in the state.
Climate Overview
What’s the weather like in Massachusetts ?
Massachusetts experiences a four-season climate, with cold, snowy winters, warm and humid summers, and mild, picturesque springs and autumns.
Major Industries and Employment
What’s driving the economy of Massachusetts?
Massachusetts boasts a strong and diverse economy driven by key industries such as technology, education, healthcare, finance, and biotechnology, making it one of the most prosperous states in the U.S.
Largest Employer in State
- Employer: Partners Healthcare
- Industry: Health Care
- Employer Headcount: 68,000
Total Employer Establishments
🏢 180,088
As of June 2, 2025
Employment Type
Employee of private company workers
Self-employed in own incorporated business workers
Private not-for-profit wage and salary workers
Local, state, and federal government workers
Self-employed in own not incorporated business workers and unpaid family workers
Occupation
Management, business, science and arts occupations
Sales and office occupations
Service occupations
Production, transportation, and material moving occupations
Natural resources, construction, and maintenance occupations
As of June 2025
Home Affordability
Learn if you can afford a home in Massachusetts
Massachusetts isn’t the cheapest place to live, and home prices reflect that. Luckily, CHIPs are there to help
Cities By Population
What are the biggest cities in Massachusetts in terms of population?
Boston is one of the richest cities in the United States but it’s not the only major city in the state.
City
Rank
Population as of 2025
Boston city
1
655,013
Worcester city
2
211,511
Springfield city
3
153,002
Cambridge city
4
119,802
Lowell city
5
114,506
Brockton city
6
104,888
Lynn city
7
101,965
Quincy city
8
101,163
New Bedford city
9
100,819
Fall River city
10
94,248
School Rankings and
District Information
What are the best schools in Massachusetts?
Massachusetts is definitely a front-runner when it comes to education, and these are the schools that are helping to hold up that reputation.
Homes for Sale
Let’s find your dream home in Massachusetts.
Massachusetts offers a wide range of housing options, from historic colonial homes and coastal cottages to modern condos and family-friendly suburban neighborhoods, catering to a variety of lifestyles and budgets.
State Fun Facts
Learn some fun trivia about Massachusetts.
With its long history, Massachusetts has managed to amass these great fun facts.
Famous People from Massachusetts
Who are the well-known personalities from Massachusetts?
Time to see a list of famous folks who came from Massachusetts.
Agency
Website
MassHousing (Massachusetts Housing Finance Agency)
Massachusetts Housing Partnership (MHP)
Massachusetts Department of Revenue (DOR)
Government Resources
Find more information about housing and real estate in Massachusetts.
Here is a list of some useful resources that you can use when researching homes, schools, and other details about Massachusetts.
Agency
Website
MassHousing (Massachusetts Housing Finance Agency)
Massachusetts Housing Partnership (MHP)
Massachusetts Department of Revenue (DOR)
