ZIP code 02563: income, home prices and cost of living

The median household income in ZIP 02563 is $118,550, which is 15% above the Massachusetts median of $103,325 and 72% above the national figure. The typical home is valued at $482,800, and the median rent is $1,690/month. 87.8% of households own their home.

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

Median household income

$118,550

Massachusetts average
$103,32515%
National
$68,75072%

Median home value

$482,800

Massachusetts average
$459,7005%
National
$209,600130%

Median gross rent

$1,690

Massachusetts average
$1,51412%
National
$98472%

Median age

53.7 yrs

Massachusetts average
43.0 yrs25%
National
41.0 yrs31%

Homeownership rate

87.8%

Massachusetts average
77.2%14%
National
75.8%16%

Bachelor's degree or higher

31.7%

Massachusetts average
25.3%25%
National
15.9%99%

How ZIP 02563 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 02563 typically sell around $482,800. Compare what a vetted mortgage pro can actually offer you before you commit.

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Nearby ZIP codes in Massachusetts

02568025710255402540025390253702536025320260102631

Or compare 02563 with 02568.

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What people search about ZIP 02563

Searches for the cost of living in 02563, the median household income in 02563, average rent in 02563 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 02563, 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.