ZIP code 01862: income, home prices and cost of living

The median household income in ZIP 01862 is $125,159, which is 21% above the Massachusetts median of $103,325 and 82% above the national figure. The typical home is valued at $476,400, and the median rent is $1,691/month. 73.2% of households own their home.

Source: U.S. Census Bureau, American Community Survey (5-year). Latest observation ACS 2022.

Median household income

$125,159

Massachusetts average
$103,32521%
National
$68,75082%

Median home value

$476,400

Massachusetts average
$459,7004%
National
$209,600127%

Median gross rent

$1,691

Massachusetts average
$1,51412%
National
$98472%

Median age

43.1 yrs

Massachusetts average
43.0 yrs
National
41.0 yrs5%

Homeownership rate

73.2%

Massachusetts average
77.2%5%
National
75.8%3%

Bachelor's degree or higher

25.5%

Massachusetts average
25.3%
National
15.9%60%

How ZIP 01862 compares with Massachusetts and the U.S.

State and national bars are the median across ZIP Code Tabulation Areas. Source: U.S. Census Bureau, American Community Survey (5-year), 2022.

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Homes in 01862 typically sell around $476,400. Compare what a vetted mortgage pro can actually offer you before you commit.

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Nearby ZIP codes in Massachusetts

01863018600186401867018540185201851018500187601845

Or compare 01862 with 01863.

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What people search about ZIP 01862

Searches for the cost of living in 01862, the median household income in 01862, average rent in 01862 and home values in this part of Massachusetts all come back to the same Census figures shown above. Use them alongside a mortgage payment estimate, a property tax estimate and a household budget before you compare this ZIP code with a neighbouring one.

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Methodology

Figures describe ZIP Code Tabulation Area 01862, the Census Bureau's statistical approximation of the ZIP code. Values are median estimates for the five-year period ending 2022.

State and national benchmarks are the median of all ZCTAs in that geography with at least 1,000 residents, computed by us from the same public dataset.

Sources: U.S. Census Bureau, American Community Survey (5-year). American Community Survey 5-year estimates, 2022.