Population 4,664 · Census ACS 2020–24
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Population and households in ZIP 01240
Household size in ZIP 01240
| Period | ZIP 01240 | Massachusetts | U.S. |
|---|---|---|---|
| 2006–10 | 2.24 | 2.53 | 2.68 |
| 2010–14 | 2.03 | 2.57 | 2.73 |
| 2015–19 | 2.11 | 2.57 | 2.71 |
| 2020–24 | 2.07 | 2.52 | 2.65 |
| Change | −0.17 | −0.01 | −0.03 |
ZIP 01240 is a place of small households, averaging 2.07 people against 2.65 for the U.S., which points to many singles, couples and roommates and relatively few children. Since 2006–10, household size has dropped from 2.24, but in a place this small, survey estimates can swing a lot from one release to the next.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in ZIP 01240
| Period | ZIP 01240 | Massachusetts | U.S. |
|---|---|---|---|
| 2006–10 | 48.0 | 39.4 | 37.7 |
| 2010–14 | 54.9 | 40.1 | 38.6 |
| 2015–19 | 57.1 | 41.0 | 39.6 |
| 2020–24 | 58.0 | 41.4 | 40.1 |
| Change | +10.0 | +2.0 | +2.3 |
With a median age of 58.0, ZIP 01240 is noticeably older than the country as a whole (40.1), an age mix that tilts toward empty nesters and retirees.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in ZIP 01240
| Period | ZIP 01240 | Massachusetts | U.S. |
|---|---|---|---|
| 2006–10 | 3.1% | 11.0% | 12.3% |
| 2010–14 | 5.1% | 11.0% | 12.3% |
| 2015–19 | 10.3% | 10.3% | 11.6% |
| 2020–24 | 10.7% | 10.6% | 11.6% |
| Change | +7.5 pts | −0.4 pts | −0.6 pts |
Single parents head just over one in ten households in ZIP 01240 (10.7%), close to the national share of 11.6%.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in ZIP 01240
Renters in ZIP 01240
| Period | ZIP 01240 | Massachusetts | U.S. |
|---|---|---|---|
| 2006–10 | 36.6% | 36.0% | 33.3% |
| 2010–14 | 36.2% | 37.7% | 35.6% |
| 2015–19 | 34.6% | 37.6% | 36.0% |
| 2020–24 | 29.0% | 37.5% | 34.8% |
| Change | −7.5 pts | +1.5 pts | +1.5 pts |
Most households in ZIP 01240 own their homes; 29.0% rent, a little below the national share of 34.8%. Among homeowners, 34.3% have no mortgage at all, below the national share of 39.8%.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in ZIP 01240
| Period | ZIP 01240 | Massachusetts | U.S. |
|---|---|---|---|
| 2006–10 | 24.7% | 9.5% | 11.4% |
| 2010–14 | 21.4% | 9.1% | 11.4% |
| 2015–19 | 22.4% | 8.9% | 11.1% |
| 2020–24 | 18.2% | 7.9% | 9.6% |
| Change | −6.5 pts | −1.6 pts | −1.8 pts |
Vacant homes make up 18.2% of the housing in ZIP 01240, far above the national rate of 9.6%. In resort and lake areas that usually means seasonal and vacation homes; elsewhere it can point to weak demand.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in ZIP 01240
| Period | ZIP 01240 | Massachusetts | U.S. |
|---|---|---|---|
| 2006–10 | 1964 | 1958 | 1974 |
| 2010–14 | 1967 | 1959 | 1975 |
| 2015–19 | 1962 | 1961 | 1977 |
| 2020–24 | 1964 | 1963 | 1980 |
| Change | +0 | +5 | +6 |
ZIP 01240 is a place of older homes: half were built before 1964, while the national median is 1980. That means established neighborhoods, and more houses that may need updating. The picture is much the same across Massachusetts.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in ZIP 01240
| Period | ZIP 01240 | Massachusetts | U.S. |
|---|---|---|---|
| 2006–10 | $887 | $1,085 | $965 |
| 2010–14 | $787 | $1,157 | $1,040 |
| 2015–19 | $1,003 | $1,398 | $1,213 |
| 2020–24 | $1,163 | $1,860 | $1,571 |
| Change | +$276 | +$775 | +$606 |
Rent in ZIP 01240 runs $1,163 a month at the median, utilities included, well below the U.S. median of $1,571. The typical renter here spends 29.6% of household income on rent, just under the 30% mark often used to define affordable rent, and a smaller share than renters pay nationally.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in ZIP 01240
Bachelor's degrees in ZIP 01240
| Period | ZIP 01240 | Massachusetts | U.S. |
|---|---|---|---|
| 2006–10 | 47.2% | 38.5% | 28.4% |
| 2010–14 | 45.5% | 40.1% | 29.6% |
| 2015–19 | 52.6% | 43.6% | 32.1% |
| 2020–24 | 52.1% | 47.2% | 35.6% |
| Change | +4.9 pts | +8.7 pts | +7.2 pts |
ZIP 01240 is highly educated: just over half of adults 25 and older (52.1%) hold at least a bachelor's degree, far above the national share of 35.6%.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in ZIP 01240
| Period | ZIP 01240 | Massachusetts | U.S. |
|---|---|---|---|
| 2006–10 | 97.0% | 88.4% | 84.9% |
| 2010–14 | 94.3% | 89.3% | 86.1% |
| 2015–19 | 94.9% | 90.5% | 87.7% |
| 2020–24 | 97.2% | 91.0% | 89.3% |
| Change | +0.2 pts | +2.6 pts | +4.3 pts |
Finishing high school is nearly universal in ZIP 01240: 97.2% of adults 25 and older have a diploma or equivalent, well above the national rate of 89.3%.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in ZIP 01240
| Period | ZIP 01240 | Massachusetts | U.S. |
|---|---|---|---|
| 2006–10 | 3.4% | 7.5% | 8.1% |
| 2010–14 | 15.9% | 8.7% | 9.4% |
| 2015–19 | 3.6% | 5.0% | 5.6% |
| 2020–24 | 5.7% | 5.2% | 5.4% |
| Change | +2.4 pts | −2.3 pts | −2.7 pts |
Unemployment in ZIP 01240 is close to the national rate: 5.7% of the labor force, against 5.4%. Because the Census pools five years of responses (2020–24), these rates smooth over short swings and lag the current job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
ZIP 01240 compared with nearby ZIP codes
| ZIP code | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| ZIP 01240 | 2.07 | 58.0 | 10.7% | 29.0% | 18.2% | 1964 | $1,163 | 52.1% | 97.2% | 5.7% |
| ZIP 01242 | 2.10 | 57.3 | 10.8% | 25.0% | 25.1% | 1969 | $2,067 | 51.1% | 98.7% | 2.4% |
| ZIP 01254 | 2.24 | 62.5 | 3.0% | 8.5% | 27.4% | 1971 | $1,482 | 66.2% | 98.0% | 3.3% |
| ZIP 01238 | 1.96 | 53.0 | 9.0% | 28.2% | 12.9% | 1960 | $1,718 | 43.3% | 98.4% | 4.0% |
| ZIP 01202 | 2.07 | 56.5 | 3.9% | 7.5% | 20.9% | 1974 | $2,036 | 32.1% | 96.1% | 0.8% |
| ZIP 01262 | 2.33 | 62.7 | 4.1% | 19.3% | 33.2% | 1952 | $1,280 | 58.6% | 93.3% | 8.4% |
| ZIP 01201 | 2.20 | 45.0 | 15.3% | 36.2% | 10.4% | 1951 | $1,388 | 33.0% | 92.2% | 7.0% |
| ZIP 01266 | 2.21 | 57.6 | 4.4% | 11.3% | 41.4% | 1970 | $1,896 | 72.1% | 96.9% | 3.7% |
| ZIP 01260 | 2.33 | 55.4 | 13.1% | 22.8% | 38.5% | 1956 | $1,250 | 45.8% | 97.4% | 8.1% |
| ZIP 01229 | 2.81 | 63.1 | 6.7% | 4.5% | 19.9% | 1958 | $858 | 53.6% | 98.6% | 11.0% |
| ZIP 12029 | 2.10 | 53.1 | 4.5% | 18.7% | 27.4% | 1957 | $1,460 | 55.6% | 97.7% | 5.3% |
All figures 2020–24.
Zip codes with similar populations: 49779, MI · 70085, LA · 29470, SC · 48892, MI · 89018, NV · 74337, OK · 62239, IL · 96750, HI · 27891, NC · 25045, WV
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up ZIP 01240. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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