02540, MA Demographics

Population 8,119 · Census ACS 2020–24

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02540, MA map of median age by neighborhood
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Population and households in ZIP 02540

Household size in ZIP 02540

Household size, people per household
PeriodZIP 02540MassachusettsU.S.
2006–101.882.532.68
2010–142.062.572.73
2015–191.982.572.71
2020–241.942.522.65
Change+0.06−0.01−0.03
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Households in ZIP 02540 are small: just 1.94 people on average, compared with 2.65 nationally. That is typical of places where many people live alone or as couples, and fewer have children at home. Household size has crept up from 1.88 in 2006–10, even as the national average fell. Of the 343 Massachusetts ZIP codes with 5,000+ people, only 11 have smaller households.

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 02540

Median age, years
PeriodZIP 02540MassachusettsU.S.
2006–1059.139.437.7
2010–1457.140.138.6
2015–1960.341.039.6
2020–2459.441.440.1
Change+0.3+2.0+2.3
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With a median age of 59.4, ZIP 02540 is noticeably older than the country as a whole (40.1), an age mix that tilts toward empty nesters and retirees. The youngest areas are in the north, the oldest in the east. Only two of the 343 Massachusetts ZIP codes with 5,000+ people are older.

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 02540

Single-parent households, % of households
PeriodZIP 02540MassachusettsU.S.
2006–103.4%11.0%12.3%
2010–144.8%11.0%12.3%
2015–194.9%10.3%11.6%
2020–244.7%10.6%11.6%
Change+1.3 pts−0.4 pts−0.6 pts
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Single-parent households are relatively rare in ZIP 02540: 4.7% of households, against 11.6% nationally. The single-parent share has edged up 1.3 points since 2006–10, even as the national share fell. ZIP 02540 has a lower share of single-parent households than the great majority of Massachusetts ZIP codes.

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 02540

Renters in ZIP 02540

Renters, % of occupied homes
PeriodZIP 02540MassachusettsU.S.
2006–1031.8%36.0%33.3%
2010–1435.2%37.7%35.6%
2015–1935.2%37.6%36.0%
2020–2436.7%37.5%34.8%
Change+4.9 pts+1.5 pts+1.5 pts
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Renting in ZIP 02540 is about as common as it is nationally: 36.7% of households rent, against 34.8%. About six in ten owners (58.8%) have paid off their mortgages, well above the national share of 39.8%. Rentals cluster in the northeast; owners are most common in the northwest. The renter share is up 4.9 points from 2006–10, a much bigger shift than nationally.

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 02540

Vacant homes, % of all homes
PeriodZIP 02540MassachusettsU.S.
2006–1031.8%9.5%11.4%
2010–1434.7%9.1%11.4%
2015–1934.7%8.9%11.1%
2020–2432.0%7.9%9.6%
Change+0.2 pts−1.6 pts−1.8 pts
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Vacant homes make up 32.0% of the housing in ZIP 02540, 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. Of the 343 Massachusetts ZIP codes with 5,000+ people, only seven have a higher vacancy rate.

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 02540

Age of homes, median year built
PeriodZIP 02540MassachusettsU.S.
2006–10196819581974
2010–14197019591975
2015–19196519611977
2020–24197119631980
Change+3+5+6
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The housing in ZIP 02540 is old by national standards: the median home dates to 1971, against 1980 for the U.S., so buyers will find more older houses, some of them due for updates. Still, homes here are newer than in Massachusetts as a whole, where the median home dates to 1963. The median year built has moved up from 1968 in 2006–10, a sign of steady new building. Newer construction is concentrated in the northeast, while the south has the oldest housing.

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 02540

Rent, per month
PeriodZIP 02540MassachusettsU.S.
2006–10$893$1,085$965
2010–14$1,025$1,157$1,040
2015–19$1,060$1,398$1,213
2020–24$1,446$1,860$1,571
Change+$553+$775+$606
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A typical rental in ZIP 02540 costs $1,446 a month with utilities, below the national median of $1,571. Rents are up $553 a month from 2006–10, a 62% jump, roughly in step with the nation. Rent takes 33.1% of the typical renter's income, well over the 30% mark often used to define affordable rent, so many renters here are stretched. Rents run highest in the northwest and lowest in the south.

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 02540

Bachelor's degrees in ZIP 02540

Bachelor's degrees, % of adults 25+
PeriodZIP 02540MassachusettsU.S.
2006–1052.6%38.5%28.4%
2010–1452.2%40.1%29.6%
2015–1955.7%43.6%32.1%
2020–2462.9%47.2%35.6%
Change+10.3 pts+8.7 pts+7.2 pts
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ZIP 02540 is highly educated: just over six in ten adults 25 and older (62.9%) hold at least a bachelor's degree, far above the national share of 35.6%. Since 2006–10, the share with a degree has risen 10.3 points, in line with the national trend. College graduates are most concentrated in the west and least in the northeast.

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 02540

High school graduates, % of adults 25+
PeriodZIP 02540MassachusettsU.S.
2006–1091.5%88.4%84.9%
2010–1494.1%89.3%86.1%
2015–1993.4%90.5%87.7%
2020–2494.7%91.0%89.3%
Change+3.2 pts+2.6 pts+4.3 pts
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High school completion is high in ZIP 02540: 94.7% of adults 25 and older have a diploma or equivalent, well above the national rate of 89.3%. The share with a diploma has risen 3.2 points since 2006–10, mirroring the country.

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 02540

Unemployment, % of the labor force
PeriodZIP 02540MassachusettsU.S.
2006–104.0%7.5%8.1%
2010–147.7%8.7%9.4%
2015–192.7%5.0%5.6%
2020–244.7%5.2%5.4%
Change+0.7 pts−2.3 pts−2.7 pts
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At 4.7%, unemployment in ZIP 02540 is close to the national rate of 5.4%. Unemployment is up 0.7 points from 2006–10, even as the national rate fell. Each figure pools five years of surveys (2020–24), so it describes that whole stretch rather than today's 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 02540 compared with nearby ZIP codes

ZIP codeHousehold sizeMedian ageSingle parentsRentersVacant homesMedian year builtMedian rentBachelor's degreeHigh school diplomaUnemployment
ZIP 025401.9459.44.7%36.7%32.0%1971$1,44662.9%94.7%4.7%
ZIP 025362.3750.86.6%10.6%21.3%1978$1,86344.0%95.1%6.7%
ZIP 025431.9066.210.7%21.0%51.4%1958$1,76577.7%98.4%8.9%
ZIP 025562.3354.04.0%12.8%47.0%1962$2,31763.0%99.3%8.1%
ZIP 025342.1561.06.4%21.9%43.9%1974$68963.1%99.9%1.7%
ZIP 025422.7830.16.8%100.0%30.5%1956$2,09442.1%95.6%1.7%
ZIP 026492.1254.46.2%18.1%25.3%1988$1,91345.0%97.8%5.4%
ZIP 025682.6851.08.1%22.8%40.7%1977$97547.2%91.8%1.8%
ZIP 025573.0043.110.3%24.6%47.9%1981$1,09950.8%98.3%9.5%
ZIP 025592.3452.37.8%22.3%36.3%1974$1,03649.5%98.2%5.4%
ZIP 026442.6343.04.7%12.2%6.5%1980$2,04935.0%96.8%3.4%

All figures 2020–24.

Zip codes with similar populations: 33767, FL · 32626, FL · 70392, LA · 99835, AK · 37641, TN · 60022, IL · 28761, NC · 72927, AR · 84060, UT · 91020, CA

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 02540. 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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