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New Report Fall 2026 Housing Affordability Report: every state is less affordable than in late August as average 30-year mortgage rates passed 7%. Read the report

Hingham, MA Housing Affordability Index

Hingham, Massachusetts has an MBR Housing Affordability Index score of 76.9 (Moderately Less Affordable) as of October 30, 2026, ranking 108th most affordable of 193 scored Massachusetts cities, compared with 76.0 statewide and 97.4 nationally. On a median-priced $1,255,700 home with 20% down, a jumbo loan at 7.35% means a monthly principal and interest payment of about $6,923, or 40% of the city’s $205,769 median household income.

The MBR Housing Affordability Index (MBR-HAI) for Hingham is updated every night from live Massachusetts mortgage rates and U.S. Census Bureau income, home value and housing cost data for the city. A score of 100 equals the national average; higher scores mean homeownership is more affordable.

Hingham MBR-HAI 76.9 Moderately Less Affordable
Rank in Massachusetts 108 of 193 1 = most affordable
Massachusetts 76.0 Statewide score
National 97.4 100 = baseline
Avg 30-yr rate 7.10% Massachusetts lenders
Median home value $1,255,700 U.S. Census Bureau

Hingham is 1.0 points above the Massachusetts score. Scores as of October 30, 2026. See the Massachusetts index

View Hingham Mortgage Rates

What It Takes to Buy in Hingham

$6,923/mo
Principal & Interest
Median home, 20% down, 7.35% jumbo
$296,700
Income Needed
To keep the payment at 28% of income
$205,769
Median Household Income
Massachusetts: $103,960
6.1x
Price-to-Income Ratio
Massachusetts: 5.4x
$3,377/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$6,085/yr
Median Property Tax
Massachusetts figure
16.5%
Owner Cost Burden
Owners spending 30%+ of income on housing
49.8%
Renter Cost Burden
Renters spending 30%+ of income on rent

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2024) for Hingham, Massachusetts. The rate is the Massachusetts average 30-year fixed rate from MonitorBankRates, since lenders publish rates by state. A 20% down loan on the median home here is above the $832,750 conforming limit, so the index adds 0.25% for jumbo pricing.

Cite the Hingham Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Hingham, Massachusetts score: 76.9 (Moderately Less Affordable), ranked 108 of 193 Massachusetts cities. monitorbankrates.com/housing-affordability-index/massachusetts/hingham”