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These days, finding an affordable place to live in the 01031 area can be challenging. Home prices in 01031 are now at a median cost of $297,200, lower than the Massachusetts average of $625,090.
The average cost of rent is $1,044/mo in 01031, primarily driven by the current value of real estate in the 01031 area. In 01031, 42.97% of households rent, and 42.06% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 01031 is $5,574 per month. Households that rent pay about 18.73% of their income on rent here. 01031’s most expensive areas are in the eastern 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
- 01037, MA: higher priced homes
- 01094, MA: higher priced homes
- 01531, MA: higher priced homes
- 01082, MA: equally priced homes
- 01585, MA: higher priced homes
- 01535, MA: higher priced homes
- 01083, MA: equally priced homes
- 01074, MA: higher priced homes
- 01092, MA: higher priced homes
- 01068, MA: higher priced homes
Zip Codes with Similar Populations
- 02666, MA: higher priced homes
- 66507, KS: less expensive homes
- 77577, TX: less expensive homes
- 63943, MO: less expensive homes
- 63662, MO: less expensive homes
- 79372, TX: less expensive homes
- 36269, AL: less expensive homes
- 47564, IN: less expensive homes
- 59486, MT: less expensive homes
- 30425, GA: less expensive homes
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