Real Estate
Hopkinton One Of The Top 100 Places To Buy A Home In MA: Study
Website LendEDU examined home income, home value and expected population and income growth.
HOPKINTON, MA – There's no better time than now to buy a home in Hopkinton, according to a study from website LendEDU. The site named Hopkinton 99th on its list of "Best 100 Places to Buy a Home in Massachusetts."
LendEDU based its list off of three parameters – home income to home value ratio, five-year population forecast and five-year income forecast. The measurements were selected because they can influence a homebuyer's investment. If a community is anticipating growth in both population and income, then the return on a buyer's investment will increase over time.
Home income to home value and five-year population forecast were measured on a 40-point scale; five-year income forecast was listed out of 20.
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Here's a look at Hopkinton's scores:
Value: 18.20
Find out what's happening in Holliston-Hopkintonfor free with the latest updates from Patch.
Population: 39.84
Income: 1.58
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