The typical owner-occupied home in Ayer is worth about $444,600, 21% below the Massachusetts median of $562,100 and 34% above the national median of $332,700. Owners pay a median $4,911 a year in property taxes, about 1.10% of their home's value, close to the Massachusetts rate of 1.07%. The median household earns $74,878 a year, so the median home costs 5.9 times the median income (5.4 times for Massachusetts). 58% of occupied homes here are lived in by their owners, and 70% of those owners still have a mortgage.
Ayer at a glance
| Ayer | Massachusetts | U.S. | |
|---|---|---|---|
| Median home value | $444,600 | $562,100 | $332,700 |
| Median property tax paid per year | $4,911 | $5,992 | $3,119 |
| Property tax as a share of value | 1.10% | 1.07% | 0.94% |
| Median household income | $74,878 | $103,960 | $80,734 |
| Homes lived in by their owners | 58% | 63% | 65% |
| Owner homes with a mortgage | 70% | 66% | 61% |
| Median monthly costs, owners with a mortgage | $2,382 | $2,726 | $1,963 |
| Those costs as a share of the owners' income | 19.6% | 21.9% | 21.0% |
| Median rent | $1,240 | $1,762 | $1,413 |
| Rent as a share of renters' income | 29.1% | 30.9% | 30.6% |
| Median year homes were built | 1952 | 1964 | 1980 |
| Vacant homes | 7.4% | 8.1% | 10.1% |
| Population | 3,098 | 7,044,056 | 334,922,499 |
What a typical home costs per month in Ayer
At this week's average 30-year rate of 7.11%, buying the median Ayer home of $444,600 with 20% down costs about $2,985 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $3,726, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $127,949 for the 20%-down payment. That payment is 48% of the median Ayer household income of $74,878; at that income and 20% down, the 28% guideline points to a home of about $260,000.
The median rent here is $1,240 a month, so owning the median home costs about $1,745 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $88,920 |
|---|---|
| Loan amount | $355,680 |
| Principal and interest | $2,393 |
| Property taxes (1.10% a year) | $408 |
| Homeowners insurance (our estimate, 0.5% a year) | $185 |
| PMI | $0 |
| Total per month | $2,985 |
Change the numbers in the calculator
| Down payment | $15,561 |
|---|---|
| Loan amount | $436,547 |
| Principal and interest | $2,937 |
| Property taxes (1.10% a year) | $408 |
| Homeowners insurance (our estimate, 0.5% a year) | $185 |
| FHA mortgage insurance | $197 |
| Total per month | $3,726 |
Change the numbers in the calculator
Questions about home buying in Ayer
What is the median home value in Ayer?
About $444,600 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Ayer?
Homeowners pay a median $4,911 a year, which is about 1.10% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Ayer?
For the median home with 20% down at 7.11%, the payment is about $2,985 a month. Keeping that under 28% of gross income takes about $127,949 a year.
More about Ayer
- Mortgage Refinance in Ayer
- Debt Relief in Ayer
- Home Equity Loans in Ayer
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data