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These days, finding an affordable place to live in the 01062 area can be challenging. Home prices in 01062 are now at a median cost of $420,126, lower than the Massachusetts average of $625,090.
The average cost of rent is $1,486/mo in 01062, primarily driven by the current value of real estate in the 01062 area. In 01062, 25.75% of households rent, and 37.20% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 01062 is $7,702 per month. Households that rent pay about 19.29% of their income on rent here. 01062’s most expensive areas are in the southeastern regions, while the cheapest areas are in the western 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
- 01063, MA: higher priced homes
- 01060, MA: higher priced homes
- 01053, MA: equally priced homes
- 01027, MA: equally priced homes
- 01088, MA: equally priced homes
- 01039, MA: equally priced homes
- 01038, MA: equally priced homes
- 01035, MA: higher priced homes
- 01066, MA: equally priced homes
- 01096, MA: equally priced homes
Zip Codes with Similar Populations
- 93620, CA: less expensive homes
- 70129, LA: less expensive homes
- 36420, AL: less expensive homes
- 48138, MI: less expensive homes
- 30427, GA: less expensive homes
- 21048, MD: higher priced homes
- 33332, FL: higher priced homes
- 79022, TX: less expensive homes
- 28384, NC: less expensive homes
- 72616, AR: less expensive homes
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