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Canton - Housing Snapshot (PDF) pdf file
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H O U S I N G
What does our housing look like? What are our housing costs?
Types of Housing Median Purchase Price for All Homes
Change 2013 2014 2015 2016 2017
2000 2010 2016 2000-2016 $600,000
5%
Total housing units 8,163 8,474 9,299 1,136
Single family, detached 5,210 5,206 5,908 698 $500,000
3%
Single family, attached 342 556 667 325 13%
2 units 569 559 500 -69 $400,000 7% 18%
11% 13%
3 or 4 units 180 176 114 -66
30% 10%
5 to 9 units 616 796 660 44 40%
$300,000
10 to 19 units 742 653 737 -5
20 or more units 504 516 713 209
$200,000
Other 0 12 0 0
Single-family structures include fully detached, semi-detached (semi-attached, side-by-side), row houses, duplexes, quadruplexes, and townhouses.
In order for attached units to be classified as single-family structures, each unit must: be separated by a ground-to-roof wall, have a separate
heating system, have individual meters for public utilities, and have no units located above or below. $100,000
Source: 2000 and 2010 US Census and 2016 American Community 5-Year Estimates
Occupancy $0
Randolph Stoughton Dedham Norwood Canton Sharon Milton Westwood State of Norfolk
MA County
Source: The Warren Group
The cost of buying a new home is increasing not only in
the area, but statewide.
Gross Monthly Rent
Canton $1,473
Dedham $1,460
Rents are higher in
the area, and Canton
Milton $1,349
ranks at the top.
Norwood $1,350
Randolph $1,267
A small percentage of housing is vacant. Sharon $1,738
Stoughton $1,217
Source: 2016 American Community Survey 5-Year Estimates
Westwood $1,418
Housing Age Before 1940 Norfolk County $1,379
(18%) More than 50% of $0 $500 $1,000 $1,500 $2,000
1940s (2%) housing was built Source: 2016 American Community Survey 5-Year Estimates
before 1970.
1950s (18%)
Housing Costs & Affordability
1960s (12%)
1970s (12%)
1980s (14%)
Owner
19.8% Renter
1990s (12%) Renter 33.6%
36.8%
After 2000 (12%)
2/3 of renters
Source: 2016 American Community Survey 5-Year Estimates
Owner are paying
10.3% too much for
housing in
Housing Size Canton.
Owner
100%
7% 6% 9%
3% 5% 7% 4% 69.9%
11%
15% 13%
17% 17%
80% 26%
27%
36%
33%
35%
Renter
60% 37% 47% 39% 29.6%
34%
41%
27%
40% 37% % paying 30-50% of income % paying 50% or more of income No cost burden
28%
26% 27% Source: 2016 American Community Survey 5-Year Estimates
22%
Nearly 2/3 of 20% 25%
18%
the homes in 16% One indicator of housing affordability is the percent of income spent on housing. When housing costs (rent,
14%
16% mortgage, insurance, utilities, fees, real estate taxes, etc.) are more than 30% of a household’s income,
Canton are 3 12% 13% 11% a household is considered to be “burdened.” If it spends more than 50% of its income, it is severely cost
8% 8% 11%
bedrooms or 0% 1% 3% 1% 4% 2%
6%
1% 1% burdened.
more. Canton Dedham Milton Norwood Randolph Sharon Stoughton Westwood
No bedroom 1 bedroom 2 bedrooms
3 bedrooms 4 bedrooms 5 or more bedrooms
Source: 2016 American Community Survey 5-Year Estimates