BPN

🏭

Billerica

31 min to Boston
"Route 3 corridor value with growing tech presence"
Median Price
$618,257
$380/sqft
School Rating
7.2/10
Good
Appreciation
3.8%
per year
Commute
31 min
to downtown

Financing Considerations

Properties in Billerica typically typically qualify for conforming loans with more flexible underwriting standards.

Learn about loan thresholds, property condition impact, flood/wind insurance, and how vintage homes (common in many MA towns) affect mortgage approval.

✨The Vibe

Route 3 corridor town with growing tech presence, affordable homes, and family-friendly neighborhoods

What It's Really Like

Billerica is Route 3 practical—affordable homes, growing tech corridor, solid schools (7.2/10), and families who chose value over prestige.

Best For

  • ✓Value buyers
  • ✓Tech workers
  • ✓Families wanting space
  • ✓Route 3 commuters

Avoid If

  • ✗You need urban amenities
  • ✗You want luxury shopping
  • ✗You prefer coastal living

🌟Highlights

🛣️Route 3 corridor access
💻Growing tech presence
🏫Solid schools (7.2/10)
🏡Affordable family homes

Insider Tips

  • 💡Tech companies are moving to the area
  • 💡Property values are rising steadily
  • 💡Good value for families with children

Demographics

Population
30,818
Median Age
42.6
Median Income
$149,938

Economic Profile

Remote Work
14.6%
work from home
Professional Workers
51.8%
knowledge economy
Broadband Access
95.9%
digital infrastructure
Homeownership
78.2%
owner-occupied
Poverty Rate
4.4%
below poverty line
Median Home Value
$519K
Census estimate
Data source: Census ACS 2022 5-year

Religious Community

Places of Worship
7
Churches
6
Mosques
1
🌟 Multi-faith community with diverse religious traditions(Diversity Score: 37/100)
Historical Context: Oldest establishment dates to 1663• 4 established before 1900
Data Source: MassGIS 2025 (Updated 2025-02-03)

Housing Stock Age

Median Year Built
1968
57 years old
Pre-1940 Construction
6.8%
Lower risk
Post-2000 Construction
21.8%
Modern housing stock
Est. Annual Insurance
$2,200
Based on housing age

Moderate Insurance Risk

Median home built in 1968. Insurance premiums estimated at $2,200/year. Some older homes may require system updates (electrical, plumbing, HVAC).

Insurance Cost Calculator

Estimate your annual homeowners insurance premium

$309,129$618,257$1,236,514

Leave blank to use town median (1968)

Annual Premium
$2,200
$183/month
vs. State Average
+10%
MA avg: $2,008/year
Risk Category
HIGH
Based on home age

30-Year Mortgage Impact

$66,000

Total insurance cost over 30-year mortgage (equivalent to 0.4% of home value)

Age Penalty

This home costs $589 more per year to insure than a newly built home. Over 30 years, that's $17,670 in additional insurance costs.

Ways to Lower Your Premium

  • Bundle home + auto insurance with same carrier (10-25% discount)
  • Increase deductible from $500 to $2,500 (save 15-30%)
  • Install monitored security system (5-20% discount)
  • Update electrical panel and remove knob-and-tube wiring
  • Replace roof with impact-resistant materials (save 5-15%)
  • Upgrade plumbing to PEX or copper
  • Complete full home inspection and address major issues
  • Consider MAPFRE or Chubb for historic home coverage

* Estimates based on Massachusetts state averages and typical underwriting criteria. Actual premiums vary by carrier, coverage limits, deductible, claims history, and credit score. For accurate quotes, contact a licensed insurance agent.

Construction Era Distribution

2020+
220 units
2010-2019
8%
1,350 units
2000-2009
12.5%
2,100 units
1990-1999
14.3%
2,400 units
1980-1989
15.5%
2,600 units
1970-1979
16.7%
2,800 units
1960-1969
14.6%
2,450 units
1950-1959
11%
1,850 units
1940-1949
5.2%
880 units
Pre-1940
6.8%
1,150 units
Loading transit information...

Resources & Research

School Information

Boston Area School Rankings →

Compare 48 high schools by SAT scores, MCAS proficiency & college enrollment

Market Analysis

Rent vs Buy Analysis 2025 →

Break-even math, SALT cap impacts & decision framework for Boston buyers

Insurance & Risk

MA Insurance Crisis Guide →

Why coastal & historic homes face coverage denials (+ FAIR Plan rules)

Home Buying Terms

Real Estate Glossary →

200+ terms explained: ARM, DTI, PMI, escrow, cap rate & more

View All Market Guides & Analysis →

Similar Neighborhoods

🏡

Arlington

$1,011,000

"Not quite Cambridge prices, almost Cambridge schools"

🌊

Watertown

$805,000

"Armenian food paradise that's secretly convenient to everything"

🍝

Medford

$823,500

"Italian grandmas and Tufts students living in harmony"

Ready to Find Your Perfect Property in Billerica?

Get instant property analysis and neighborhood comparisons

Discover Your Perfect Boston Town

Popular Neighborhoods

Bedford•Lexington•Newton•Brookline•Winchester•Wellesley•Needham•Arlington•Cambridge•Dover•Weston•Westwood
Investment Analysis
School Research
Risk Assessment
Market Intelligence
Terms|Privacy|Disclaimers|Town Vibes|Contact

© 2025 Boston Property Navigator. All rights reserved.

For informational purposes only. Not professional real estate, financial, or legal advice.