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Affordable
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These days, finding an affordable place to live in the 01001 area can be challenging. Home prices in 01001 are now at a median cost of $292,488, lower than the Massachusetts average of $625,090.
The average cost of rent is $1,264/mo in 01001, primarily driven by the current value of real estate in the 01001 area. In 01001, 24.72% of households rent, and 43.40% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 01001 is $7,133 per month. Households that rent pay about 17.72% of their income on rent here. 01001’s most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 01030, MA: higher priced homes
- 01103, MA: less expensive homes
- 01106, MA: higher priced homes
- 01105, MA: less expensive homes
- 01089, MA: equally priced homes
- 01108, MA: less expensive homes
- 01107, MA: less expensive homes
- 01199, MA: higher priced homes
- 01104, MA: less expensive homes
- 01109, MA: less expensive homes
Zip Codes with Similar Populations
- 63775, MO: less expensive homes
- 77868, TX: less expensive homes
- 10549, NY: higher priced homes
- 39562, MS: less expensive homes
- 89403, NV: higher priced homes
- 77979, TX: less expensive homes
- 46040, IN: higher priced homes
- 27244, NC: equally priced homes
- 77013, TX: less expensive homes
- 31533, GA: less expensive homes
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