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These days, finding an affordable place to live in the 02462 area can be challenging. Home prices in 02462 are now at a median cost of $1,329,736, higher than the Massachusetts average of $625,090.
The average cost of rent is $2,703/mo in 02462, primarily driven by the current value of real estate in the 02462 area. In 02462, 22.99% of households rent, and 28.36% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 02462 is $18,865 per month. Households that rent pay about 14.33% of their income on rent here. 02462’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern 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
- 02466, MA: equally priced homes
- 02468, MA: higher priced homes
- 02481, MA: higher priced homes
- 02464, MA: less expensive homes
- 02465, MA: equally priced homes
- 02457, MA: higher priced homes
- 02494, MA: less expensive homes
- 02461, MA: less expensive homes
- 02460, MA: less expensive homes
- 02453, MA: less expensive homes
Zip Codes with Similar Populations
- 40177, KY: less expensive homes
- 72611, AR: less expensive homes
- 59874, MT: less expensive homes
- 71765, AR: less expensive homes
- 62061, IL: less expensive homes
- 21838, MD: less expensive homes
- 16374, PA: less expensive homes
- 15376, PA: less expensive homes
- 75668, TX: less expensive homes
- 81063, CO: less expensive homes
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