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Affordable
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These days, finding an affordable place to live in the 01002 area can be challenging. Home prices in 01002 are now at a median cost of $509,779, lower than the Massachusetts average of $625,090.
The average cost of rent is $1,749/mo in 01002, primarily driven by the current value of real estate in the 01002 area. In 01002, 53.02% of households rent, and 43.08% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 01002 is $7,726 per month. Households that rent pay about 22.63% of their income on rent here. 01002’s most expensive areas are in the western regions, while the cheapest areas are in the southwestern 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
- 01003, MA: less expensive homes
- 01035, MA: equally priced homes
- 01038, MA: less expensive homes
- 01375, MA: equally priced homes
- 01066, MA: less expensive homes
- 01054, MA: less expensive homes
- 01088, MA: less expensive homes
- 01060, MA: equally priced homes
- 01072, MA: less expensive homes
- 01063, MA: higher priced homes
Zip Codes with Similar Populations
- 98116, WA: higher priced homes
- 92227, CA: less expensive homes
- 97420, OR: less expensive homes
- 75212, TX: less expensive homes
- 66801, KS: less expensive homes
- 34769, FL: less expensive homes
- 32937, FL: equally priced homes
- 23139, VA: less expensive homes
- 91741, CA: higher priced homes
- 98335, WA: higher priced homes
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