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These days, finding an affordable place to live in the 02562 area can be challenging. Home prices in 02562 are now at a median cost of $424,403, lower than the Massachusetts average of $477,554.
The average cost of rent is $1,411/mo in 02562, primarily driven by the current value of real estate in the 02562 area. While nearly 24.36% of residents own their homes outright in 02562, 17.32% rent.
Housing affordability isn’t just about home prices, though. The average household income in 02562 is $7,749 per month. Households that rent pay about 18.21% of their income on rent here. 02562's most expensive areas are in the eastern regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 02561, MA: equally priced homes
- 02532, MA: less expensive homes
- 02563, MA: equally priced homes
- 02538, MA: less expensive homes
- 02366, MA: equally priced homes
- 02537, MA: higher priced homes
- 02553, MA: equally priced homes
- 02558, MA: less expensive homes
- 02644, MA: equally priced homes
- 02559, MA: higher priced homes
Zip Codes with Similar Populations
- 88045, NM: less expensive homes
- 05476, VT: less expensive homes
- 79553, TX: less expensive homes
- 71429, LA: less expensive homes
- 18038, PA: less expensive homes
- 42050, KY: less expensive homes
- 35118, AL: less expensive homes
- 49096, MI: less expensive homes
- 73028, OK: less expensive homes
- 54121, WI: less expensive homes
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