Randolph, MA

Very High · 146

Massachusetts · Population 34,683 · Updated March 2026

$2,049
Median Rent / Month
$103,129
Median Income
$463,500
Median Home Value
$2,089
Owner Costs / Month

Affordability

How far your income goes in Randolph

23.8%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Massachusetts

State-level tax rates that affect your costs

9.0%
Income Tax (Top Rate)
6.25%
Sales Tax
1.15%
Property Tax Rate

Estimated Annual Costs

$24,588
Annual Rent
$9,282
State Income Tax
$5,330
Property Tax (est.)

Cost of Living Overview

Randolph has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 146 (where 100 equals the national median), Randolph residents can expect to pay median rent of $2,049/month while earning a median household income of $103,129/year.

The median home value in Randolph, MA is $463,500, with typical monthly owner costs around $2,089 including mortgage, insurance, and taxes. The median rent-to-income ratio of 23.8% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Massachusetts's top income tax rate of 9.0% is among the highest in the nation, adding to the overall cost burden. Combined with a 6.25% sales tax rate and 1.15% effective property tax rate, the overall tax environment is a factor in the total cost of living in Randolph.

Frequently Asked Questions

Common questions about living costs in Randolph

What is the cost of living in Randolph, MA?
The cost of living index in Randolph, MA is 146 (US average = 100). Median monthly rent is $2,049, median household income is $103,129/year, and the median home value is $463,500.
Is Randolph, MA affordable?
No, Randolph is more expensive than the national average with a cost index of 146. The rent-to-income ratio is 23.8%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Randolph, MA?
The median gross rent in Randolph, MA is $2,049 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $24,588.
What is the median household income in Randolph?
The median household income in Randolph, MA is $103,129 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Massachusetts?
Massachusetts has a top income tax rate of 9.0%, a sales tax of 6.25%, and an effective property tax rate of 1.15%.