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, MA

ZIP 01862 — Housing & Real Estate

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

Upper Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 01862

Median Home Value
$503,600
Median Rent
$1,804
Affordability Snapshot
$139,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$3,235/mo PITI).

16%
Rent-to-Income Ratio

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

3.8x
Home Price-to-Income Ratio

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

23.3 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 01862 in MA, a household would need roughly $139,000 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 $3,235. That is roughly in line with the local median household income ($131,214). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
70.6%+8% vs US avg
x
Vacancy Rate
0.4%-96% vs US avg
x
Broadband Access
94.5%+9% vs US avg
x
4+ Bedrooms
4.4%-70% vs US avg
x
Built Pre-1939
4.0%-69% vs US avg
x
Built Post-2014
3.4%-51% vs US avg
x
Rent Burden >30%
21.7%-56% vs US avg
x
Mortgage-Free
25.0%-35% vs US avg
x
$503,600
Home Value
$1,804
Rent
1976
Year Built
2013
Moved In

Residents have lived here since ~2013 on average

Housing Structure

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

  • 1-unit detached57.7%
  • 1-unit attached9.0%
  • 2-9 units8.9%
  • 10+ units20.3%
  • Mobile home & other4.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$503,600
Median rent$1,804
Owner-occupied70.6%
Vacant0.4%
Price-to-income3.8x
Est. income to buy$139,000