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Oakham, MA Utility & Living Guide
Living in Oakham, MA offers a tranquil and picturesque setting with easy access to nearby cities, making it an attractive choice for those seeking a peaceful lifestyle.
Monthly Utility Costs
$150/mo
—
$50/mo
$30/mo
$70/mo
Housing Market
| Rent & Property | |
|---|---|
| 1 Bedroom | $1400/mo |
| 2 Bedrooms | $1800/mo |
| 3 Bedrooms | $2400/mo |
| Median Home Price | $380,000 |
| Property Tax Rate | 1.25% |
| Avg Childcare/mo | $1200 |
The housing market in Oakham is characterized by a mix of older and newer homes, with a strong demand for single-family residences. Prices have been steadily increasing over the past few years, making it a seller’s market. However, the town’s rural setting and limited inventory can make it challenging for buyers to find their ideal home.
Cost of Living
110
+10% above national average
105
95
102
$1200
Tax Rates
| Tax Overview | |
|---|---|
| Total Sales Tax | 6.25% |
| Property Tax Rate | 1.25% |
| <p>State 5.2% + No County tax + No City tax</p> | |
Massachusetts has a flat state income tax rate of 5.2%, with no local income taxes.
Family & Relocation
60
7.2/10
$1200/mo
City Pulse
Oakham has limited public transportation options, but the town's rural setting and scenic roads make it an ideal place for walking and biking with strollers.
- Oakham State Forest
- Lake Chaubunagungamaug
- and the nearby Worcester Art Museum
Best Neighborhoods for Families
Household Budget Calculator
Estimate your real monthly cost of living in Oakham based on your household profile.
📰 Live Local News
Oakham has zoning regulations in place to preserve its rural character, and residents are required to obtain permits for certain types of construction and renovation projects.
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
Find Another City Guide
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📊 Oakham — Census & Demographic Data
Official data from the US Census Bureau, American Community Survey.
☀️ Seasonal Utility Costs
During the summer months, residents can expect higher electricity bills due to increased air conditioning usage, while winter months bring higher heating costs due to the cold New England climate. However, the town's many trees and rural setting can help mitigate these costs by providing natural shade and insulation.
🏛️ Local Tax Details
The ZIP code 01068 has a property tax millage rate of 18.45, with no local surtaxes.
👶 Family & Stroller Friendliness
Score 6/10, with explanation: while Oakham has many scenic roads and sidewalks, the town's rural setting and limited public transportation options can make it challenging for families with strollers to get around without a car. However, the town's many parks and trails are stroller-friendly, and local businesses are increasingly accommodating to families with young children.
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