US5.com
  1. Home
  2. States
  3. Massachusetts
  4. ZIP 01603
  5. Housing & Real Estate
Worcester city, MA

ZIP 01603 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 01603

Median Home Value
$287,800
Median Rent
$1,110
Affordability Snapshot
$79,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,849/mo PITI).

21%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

4.5x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

21.6 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 01603 in Worcester city, MA, a household would need roughly $79,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,849. That is about 24% above the local median household income ($63,646), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
48.4%-26% vs US avg
x
Vacancy Rate
4.4%-58% vs US avg
x
Broadband Access
90.8%+4% vs US avg
x
4+ Bedrooms
2.7%-82% vs US avg
x
Built Pre-1939
5.7%-55% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
31.6%-36% vs US avg
x
Mortgage-Free
31.1%-19% vs US avg
x
$287,800
Home Value
$1,110
Rent
1940
Year Built
2014
Moved In

Residents have lived here since ~2014 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached32.9%
  • 1-unit attached8.0%
  • 2-9 units45.1%
  • 10+ units13.9%
  • Mobile home & other0.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$287,800
Median rent$1,110
Owner-occupied48.4%
Vacant4.4%
Price-to-income4.5x
Est. income to buy$79,000