Massachusetts town named the most expensive in the country

by Liz Hughes

One Massachusetts community has been named the most expensive town in the country, according to a new LendingTree report.

Vineyard Haven, located on Martha’s Vineyard, topped LendingTree’s list of towns with the most expensive real estate

LendingTree’s report found the towns with the most expensive home values were just as expensive and in some instances more costly than their comparable largest metro. 

The median home value in Vineyard Haven, which has a population of 20,277, is $857,600 — comparable to San Francisco’s $933,300.

Vineyard Haven’s median household income is $77,292 with a home value-to-income ratio of 11.08. Comparatively, San Francisco’s median household income is $118,547 with a home value–to-income ratio of 7.87

Jackson, Wyoming, took the No. 2 spot, followed by Breckenridge, Colorado, at No. 3. Steamboat Springs, Colorado, and Hailey, Idaho, rounded out the top five. 

Using data from the U.S. Census Bureau’s 2021 American Community Survey, LendingTree calculated home value-to-income ratios for each area by dividing an area’s median home value by its median household income to determine which areas had the most expensive homes.

Read More Related to This Post

Join the conversation

Oops! We could not locate your form.