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Understand the socioeconomic Factors around your Northborough, Massachusetts home to save money on your homeowners insurance rate.

Higher the lower the unemployment rate in Northborough, MA the costlier the insurance

City Unemployed People % of people Unemployed Home Insurance ($)
Northborough 11055 4 1065
Medway 9,804 5 1,064
Holden 13,588 5 1,034
Auburn 13,315 4 1,023
Westford 16,400 5 1,090
Northbridge 12,206 6 1,039
Millis 6,131 5 1,059
Sterling 6,123 2 1,053
Uxbridge 10,571 5 1,036
Oxford 10,729 5 1,027
Worcester 146,549 6 1,016
Wellesley 21,687 3 1,220
Weston 8,653 3 1,263
Devens 1,602 4 1,056
Charlton 9,908 4 1,045
East Pepperell 1,774 5 1,021
Pepperell 9,171 4 1,050
Millbury 10,975 5 1,035
Blackstone 7,328 6 1,034
Norfolk 9,147 2 1,091
Cordaville 1,888 5 1,100

Better incomes in Northborough, MA lead to cheaper insurance rates

City Median Income Level ($) Home Insurance ($)
Northborough 46,717 1,065
Westford 48,951 1,090
Carlisle 75,856 1,186
Hudson 35,423 1,048
Paxton 36,414 1,042
Wellesley 71,369 1,220
Medway 43,917 1,064
Natick 49,792 1,078
Oxford 30,275 1,027
Groton 48,371 1,096
Princeton 43,774 1,061
Upton 45,632 1,078
West Boylston 30,102 1,036
Bolton 54,018 1,099
Cochituate 52,161 1,114
Lancaster 30,150 1,051
Milford 32,078 1,043
Rutland 31,804 1,035
Franklin Town 40,400 1,069
Mendon 39,480 1,060
Medfield 55,931 1,122

More poverty in Northborough, MA means higher rates

City People Below Poverty Level % of People Below Poverty Level Home Insurance ($)
Northborough 241 1 1065
Hopedale 136 2 1,055
Hudson 1,187 6 1,048
Auburn 1,000 6 1,023
Shirley 640 11 1,042
Sterling 171 2 1,053
Woonsocket, RI 9,861 24 1,069
Berlin 66 2 1,075
Uxbridge 799 5 1,036
Lexington 1,237 3 1,166
West Concord 137 2 1,114
Holden 480 2 1,034
Boxborough 163 3 1,091
Ayer 967 13 1,034
Worcester County 79,883 10 1,031
Acton 631 2 1,104
Lancaster 663 10 1,051
Townsend 407 4 1,030
Cochituate 267 4 1,114
West Boylston 234 4 1,036
Newton 4,813 6 1,167

Advanced Education levels in Northborough, MA implies cheaper homeowners insurance

City Number of 18 years old & greater with college degree % of 18 years old & greater with college degree Home Insurance ($)
Northborough 3346 35 1065
Worcester 21,113 18 1,016
Lexington 5,903 26 1,166
Oakham 257 20 1,035
Whitinsville 818 18 1,037
Littleton Common 492 24 1,058
Southborough 2,295 35 1,097
Millbury 1,824 19 1,035
Middlesex County 268,306 25 1,072
Chelmsford 6,366 26 1,053
Newton 15,185 27 1,167
Rutland 1,257 24 1,035
Groton 2,735 39 1,096
Leicester 1,311 16 1,029
Sutton 1,642 27 1,058
Westford 4,680 33 1,090
Sudbury 4,020 35 1,147
Waltham 10,840 26 1,075
Natick 8,138 35 1,078
Boylston 839 27 1,059
Franklin Town 6,294 31 1,069