The analysis took into account four main factors: the one-year median home value change; the six-year value change; the property crime rate per 100,00 residents; and the average effective property tax rate.
Boston scored high on all factors, especially in the value and tax categories.
“For the Bostonians who managed to buy a home, they saw median values rise 3.72 percent from 2014 to 2015. That’s the 30th-fastest rate in our study. Plus if you own a home in Boston, you can expect to only have to pay an average effective property tax of 0.77 percent – a top 20 rate in our study.”
Boston remains one of the most expensive US cities to buy a home. If you can afford it though it will pay off.
