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Affordable
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These days, finding an affordable place to live in the 02561 area can be challenging. Home prices in 02561 are now at a median cost of $495,100, lower than the Massachusetts average of $625,090.
The average cost of rent is $1,833/mo in 02561, primarily driven by the current value of real estate in the 02561 area. In 02561, 38.43% of households rent, and 43.64% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 02561 is $8,199 per month. Households that rent pay about 22.36% of their income on rent here. 02561’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
- 02562, MA: higher priced homes
- 02532, MA: equally priced homes
- 02563, MA: higher priced homes
- 02553, MA: higher priced homes
- 02537, MA: higher priced homes
- 02644, MA: equally priced homes
- 02538, MA: less expensive homes
- 02559, MA: higher priced homes
- 02558, MA: less expensive homes
- 02366, MA: higher priced homes
Zip Codes with Similar Populations
- 82932, WY: less expensive homes
- 79848, TX: less expensive homes
- 24366, VA: less expensive homes
- 72036, AR: less expensive homes
- 45776, OH: less expensive homes
- 72060, AR: less expensive homes
- 16863, PA: less expensive homes
- 80653, CO: less expensive homes
- 14820, NY: less expensive homes
- 60479, IL: less expensive homes
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