The typical owner-occupied home in Marshfield Hills is worth about $851,700, 52% above the Massachusetts median of $562,100 and 2.6 times the national median of $332,700. Owners pay a median $8,575 a year in property taxes, about 1.01% of their home's value, lower than the Massachusetts rate of 1.07%. The median household earns $216,250 a year, so the median home costs 3.9 times the median income (5.4 times for Massachusetts). 94% of occupied homes here are lived in by their owners, and 70% of those owners still have a mortgage.
Marshfield Hills at a glance
| Marshfield Hills | Massachusetts | U.S. | |
|---|---|---|---|
| Median home value | $851,700 | $562,100 | $332,700 |
| Median property tax paid per year | $8,575 | $5,992 | $3,119 |
| Property tax as a share of value | 1.01% | 1.07% | 0.94% |
| Median household income | $216,250 | $103,960 | $80,734 |
| Homes lived in by their owners | 94% | 63% | 65% |
| Owner homes with a mortgage | 70% | 66% | 61% |
| Median monthly costs, owners with a mortgage | $2,685 | $2,726 | $1,963 |
| Those costs as a share of the owners' income | 18.1% | 21.9% | 21.0% |
| Median rent | – | $1,762 | $1,413 |
| Median year homes were built | 1976 | 1964 | 1980 |
| Vacant homes | 0.0% | 8.1% | 10.1% |
| Population | 1,978 | 7,044,056 | 334,922,499 |
What a typical home costs per month in Marshfield Hills
At this week's average 30-year rate of 7.11%, buying the median Marshfield Hills home of $851,700 with 20% down costs about $5,655 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $7,211, 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 $242,369 for the 20%-down payment. That payment is 31% of the median Marshfield Hills household income of $216,250; at that income and 20% down, the 28% guideline points to a home of about $760,000.
| Down payment | $170,340 |
|---|---|
| Loan amount | $681,360 |
| Principal and interest | $4,584 |
| Property taxes (1.01% a year) | $717 |
| Homeowners insurance (our estimate, 0.5% a year) | $355 |
| PMI | $0 |
| Total per month | $5,655 |
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| Down payment | $29,810 |
|---|---|
| Loan amount | $836,274 |
| Principal and interest | $5,626 |
| Property taxes (1.01% a year) | $717 |
| Homeowners insurance (our estimate, 0.5% a year) | $355 |
| FHA mortgage insurance | $514 |
| Total per month | $7,211 |
Change the numbers in the calculator
Questions about home buying in Marshfield Hills
What is the median home value in Marshfield Hills?
About $851,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Marshfield Hills?
Homeowners pay a median $8,575 a year, which is about 1.01% 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 Marshfield Hills?
For the median home with 20% down at 7.11%, the payment is about $5,655 a month. Keeping that under 28% of gross income takes about $242,369 a year.
More about Marshfield Hills
- Mortgage Refinance in Marshfield Hills
- Debt Relief in Marshfield Hills
- Home Equity Loans in Marshfield Hills
- 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