Living in Lanesborough, Massachusetts
Cost of living, income, home prices, rent and demographics of Lanesborough · Census data 2020–2024
Lanesborough has 3,028 residents with a median age of 51.2. The median household income is $86,219 (17% lower than the Massachusetts median), the median home value is $299,400, the median rent is $1,349/month.
Lanesborough at a glance
- Population
- 3,028
- Median age
- 51.2State: 40
- Median household income
- $86,219State: $103,960
- Median home value
- $299,400State: $562,100
- Median rent
- $1,349/moState: $1,762
- Homeowners
- 95%
- Bachelor's degree or higher
- 42.4%
- Average commute
- 22 min
Is Lanesborough a good place to live?
Pros: Home values 47% lower than the state median; an average commute of 22 minutes; unemployment of 1.6%; a poverty rate of 5.6%.
Cons: Median household income 17% lower than the Massachusetts median.
The weather is best in June to September.
Cost of living in Lanesborough
Housing is the biggest part of the cost of living. In Lanesborough the median home value is $299,400, 10% lower than the U.S. median. Renters pay a median of $1,349 per month, which is 40.4% of household income. Homeowners with a mortgage pay $1,676 a month in housing costs.
Lanesborough median household income
The median household income in Lanesborough is $86,219 and the income per person is $45,871. 5.6% of residents live below the poverty line (Massachusetts: 10%).
Housing in Lanesborough: homes for sale and rent
- Housing units
- 1,519
- Owner-occupied
- 95%
- Renter-occupied
- 5%
- Vacant
- 11.1%Includes seasonal homes
- Median year built
- 1965
- Average household size
- 2.22
Lanesborough demographics
- Population
- 3,028
- Median age
- 51.2
- Under 18
- 19%
- 65 and older
- 22.2%
- Households
- 1,351
- Foreign-born
- 6.5%
- Veterans
- 2.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Lanesborough ›
Education in Lanesborough
42.4% of adults 25 and older in Lanesborough have a bachelor's degree or higher (Massachusetts: 47.3%), and 16.7% have a graduate or professional degree.
Jobs and commute in Lanesborough
- Unemployment rate
- 1.6%State: 5.2%
- Average commute
- 22 minState: 29 min
- Work from home
- 6.9%
- Drive alone
- 76.1%
- Public transit
- 0.9%
- Walk to work
- 2.4%
- Homes with broadband
- 90%
Lanesborough vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Lanesborough | 3,028 | $86,219 | $299,400 | $1,349 |
| Hancock | 752 | $96,250 | $375,500 | $1,268 |
| Cheshire | 3,216 | $69,803 | $268,200 | — |
| New Ashford | 257 | $102,188 | $390,700 | $960 |
| Pittsfield | 43,457 | $70,582 | $256,900 | $1,134 |
| Dalton | 6,256 | $79,438 | $295,700 | $872 |
| Adams | 8,074 | $58,929 | $209,900 | $963 |
| Hinsdale | 1,859 | $77,845 | $267,600 | $1,109 |
| Windsor | 1,065 | $115,563 | $389,700 | — |
More for people moving to Lanesborough
Lanesborough ZIP code ›Weather and climate ›Living in Lanesborough: FAQ
What is the median household income in Lanesborough, MA?
The median household income in Lanesborough is $86,219, 17% lower than the Massachusetts median of $103,960 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Lanesborough?
The median home value in Lanesborough is $299,400, compared with $562,100 in Massachusetts.
How much is rent in Lanesborough?
The median gross rent in Lanesborough is $1,349 per month, about 40.4% of household income.
Is Lanesborough, MA a good place to live?
Pluses: home values 47% lower than the state median; an average commute of 22 minutes; unemployment of 1.6%; a poverty rate of 5.6%. Minuses: median household income 17% lower than the Massachusetts median.
What is the median age in Lanesborough?
The median age in Lanesborough is 51.2 years (Massachusetts: 40).
How long is the commute in Lanesborough?
The average commute to work in Lanesborough is 22 minutes; 6.9% of workers work from home.
What is the unemployment rate in Lanesborough?
The unemployment rate in Lanesborough is 1.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Lanesborough?
42.4% of adults in Lanesborough have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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