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Affordable
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These days, finding an affordable place to live in the 02047 area can be challenging. Home prices in 02047 are now at a median cost of $649,000, higher than the Massachusetts average of $625,090.
The average cost of rent is $1,348/mo in 02047, primarily driven by the current value of real estate in the 02047 area. In 02047, 0.00% of households rent, and 54.72% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 02047 is $11,885 per month. Households that rent pay about 11.34% of their income on rent here. 02047’s most expensive areas are in the central regions, while the cheapest areas are in the central 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
- 02050, MA: equally priced homes
- 02066, MA: higher priced homes
- 02332, MA: higher priced homes
- 02061, MA: higher priced homes
- 02359, MA: equally priced homes
- 02339, MA: higher priced homes
- 02025, MA: higher priced homes
- 02341, MA: less expensive homes
- 02350, MA: less expensive homes
- 02370, MA: less expensive homes
Zip Codes with Similar Populations
- 04851, ME: less expensive homes
- 56741, MN: less expensive homes
- 89420, NV: less expensive homes
- 34268, FL: less expensive homes
- 82936, WY: less expensive homes
- 93522, CA: less expensive homes
- 85633, AZ: less expensive homes
- 85922, AZ: less expensive homes
- 99647, AK: less expensive homes
- 28733, NC: less expensive homes
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