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Babson Park, MA Utility & Living Guide
Living in Babson Park, Massachusetts offers a unique blend of small-town charm and access to big-city amenities, making it an attractive option for families and young professionals alike.
Monthly Utility Costs
$150/mo
—
$50/mo
$30/mo
$70/mo
Housing Market
| Rent & Property | |
|---|---|
| 1 Bedroom | $1800/mo |
| 2 Bedrooms | $2200/mo |
| 3 Bedrooms | $2800/mo |
| Median Home Price | $640,000 |
| Property Tax Rate | 1.23% |
| Avg Childcare/mo | $1200 |
The housing market in Babson Park is highly competitive, with a mix of older and newer homes available. Prices tend to be higher than in surrounding areas due to the town’s excellent schools and convenient location. Rental options are limited, but there are some apartments and condos available.
Cost of Living
146
+20% above national average
108
102
105
$1200
Tax Rates
| Tax Overview | |
|---|---|
| Total Sales Tax | 6.25% |
| Property Tax Rate | 1.23% |
| <p>State 5.2% + No county tax</p> | |
Massachusetts has a flat state income tax rate of 5.2%, with no local income taxes.
Family & Relocation
60
8.5/10
$1200/mo
City Pulse
The MBTA commuter rail and bus system provides convenient access to Boston and surrounding areas, with stroller-friendly trains and buses.
- Babson College Arboretum
- Wellesley College Campus
- Charles River Museum of Industry
Best Neighborhoods for Families
Household Budget Calculator
Estimate your real monthly cost of living in Babson Park based on your household profile.
📰 Live Local News
Babson Park has strict zoning laws and regulations regarding outdoor signage and commercial development.
Financial Tools
- Income Tax CalculatorEstimate take-home pay by state
- Mortgage CalculatorMonthly payment estimator
- Affordability CalculatorHow much home can you afford?
- Childcare Cost EstimatorCompare daycare costs by city
- Retirement PlannerRetirement readiness check
- Car Lease CalculatorMonthly lease payment estimator
- Savings CalculatorGrow your emergency fund
- City Comparison ToolCompare cities side by side
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📊 Babson Park — Census & Demographic Data
Official data from the US Census Bureau, American Community Survey.
☀️ Seasonal Utility Costs
Utility costs in Babson Park tend to be higher in the winter months due to heating costs, with the average monthly electric bill increasing by 20-30% from December to February. In contrast, summer months see a slight decrease in utility costs, with the average monthly electric bill decreasing by 10-15% from June to August.
🏛️ Local Tax Details
The ZIP code 02457 has a property tax millage rate of 12.34, with no local surtaxes.
👶 Family & Stroller Friendliness
8/10, with wide sidewalks, accessible parks, and elevator access in most public buildings, making it easy for families to get around with strollers.
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