01240 Zip Code Housing
As of 2010-2014, median price of a house in 01240 Zip Code is $328,600, which is about the same as the state average of $329,900 and is much higher than the national average of $175,700. The 01240 Zip Code median house value has grown by 78.01% since 2000. The growth rate for the price of a house in 01240 Zip Code is about the same as the state average rate of 77.65% and is higher than the national average rate of 46.91%. The median year that a house in 01240 Zip Code was built is 1971, which is newer than the median year for a house built in the state which is 1959 and is older than the median year for a house built in the USA which is 1976.
House Value
Median Value of a Total of 1,454 Owner Occupied Houses in 01240 Zip Code, see rank01240 Zip Code | 328,600 USD |
Massachusetts | 329,900 USD |
U.S. | 175,700 USD |
01240 Zip Code | 78.01% |
Massachusetts | 77.65% |
U.S. | 46.91% |
*Based on 2010-2014 data. View historical house value data.
Housing Occupancy
01240 Zip Code | Massachusetts | U.S. | |
Total Housing Units | 2,958, see rank, 100% | 2,816,875 | 132,741,033 |
Occupied Housing Units | 2,256, 76.27%, see rank | 90.12% | 87.55% |
Owner Occupied | 1,454, 49.15%, see rank | 56.12% | 56.34% |
Renter Occupied | 802, 27.11%, see rank | 33.99% | 31.21% |
Vacant Housing Units | 702, 23.73%, see rank | 9.88% | 12.45% |
For Rent | 142, 4.80%, see rank | 1.67% | 2.34% |
For Sale Only | 11, 0.37%, see rank | 0.74% | 1.20% |
Rented or Sold, Not Occupied | 0, 0.00%, see rank | 0.77% | 0.92% |
For Seasonal, Recreational, or Occasional Use | 549, 18.56%, see rank | 4.29% | 3.97% |
For Migrant Workers | 0, 0.00%, see rank | 0.01% | 0.03% |
Other Vacant | 0, 0.00%, see rank | 2.40% | 4.00% |
*Based on 2010-2014 data. View historical housing occupancy data.
Year Structure Built
Median Built Year, #15901240 Zip Code | Massachusetts | U.S. |
1971 | 1959 | 1976 |
*Based on 2010-2014 data. View historical year structure built data.
Mortgage Status
01240 Zip Code | % | Massachusetts | U.S. | |
Owner-Occupied Units | 1,454 | 100% | 1,580,938 | 74,787,460 |
With a Mortgage | 864 | 59.42%, see rank | 71.18% | 65.58% |
Without a Mortgage | 590 | 40.58%, see rank | 28.82% | 34.42% |
*Based on 2010-2014 data. View historical mortgage status data.
Monthly Owner Costs for Housing Units with a Mortgage
Median Owner Costs, see rank
01240 Zip Code | 2,011 USD |
Massachusetts | 2,095 USD |
U.S. | 1,522 USD |
Owner Costs Distribution
Monthly Owner Costs | 01240 Zip Code | % | Massachusetts | U.S. |
$299 or Less | 0 | 0.00%, see rank | 0.09% | 0.20% |
$300 to $499 | 29 | 3.36%, see rank | 0.49% | 1.59% |
$500 to $699 | 0 | 0.00%, see rank | 1.47% | 5.01% |
$700 to $999 | 38 | 4.40%, see rank | 4.74% | 14.32% |
$1,000 to $1,499 | 188 | 21.76%, see rank | 16.44% | 27.90% |
$1,500 to $1,999 | 175 | 20.25%, see rank | 22.84% | 20.35% |
$2,000 to $2,999 | 269 | 31.13%, see rank | 34.83% | 19.52% |
$3,000 or More | 165 | 19.10%, see rank | 19.10% | 11.12% |
Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
01240 Zip Code | 25.60% of the Total Income |
Massachusetts | 24.60% of the Total Income |
U.S. | 23.70% of the Total Income |
Owner Cost as a Percentage of the Total Income, Distribution
01240 Zip Code | % | Massachusetts | U.S. | |
10% or Less | 70 | 8.10%, see rank | 5.29% | 5.86% |
10% to 20% | 184 | 21.30%, see rank | 29.25% | 31.95% |
20% to 30% | 221 | 25.58%, see rank | 29.39% | 27.64% |
30% to 40% | 81 | 9.38%, see rank | 14.83% | 13.74% |
40% or More | 246 | 28.47%, see rank | 20.86% | 20.29% |
*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.
Monthly Owner Costs for Housing Units without a Mortgage
Median Owner Costs, see rank
01240 Zip Code | 618 USD |
Massachusetts | 707 USD |
U.S. | 457 USD |
Owner Costs Distribution
Monthly Owner Costs | 01240 Zip Code | % | Massachusetts | U.S. |
$199 or Less | 80 | 13.56%, see rank | 1.57% | 7.76% |
$200 to $299 | 13 | 2.20%, see rank | 2.45% | 14.70% |
$300 to $499 | 125 | 21.19%, see rank | 16.27% | 34.63% |
$500 to $699 | 190 | 32.20%, see rank | 28.91% | 21.16% |
$700 or More | 182 | 30.85%, see rank | 50.80% | 21.75% |
Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
01240 Zip Code | 13.00% of the Total Income |
Massachusetts | 14.90% of the Total Income |
U.S. | 12.30% of the Total Income |
Owner Cost as a Percentage of the Total Income, Distribution
01240 Zip Code | % | Massachusetts | U.S. | |
10% or Less | 242 | 41.02%, see rank | 31.52% | 40.19% |
10% to 20% | 173 | 29.32%, see rank | 31.52% | 31.47% |
20% to 30% | 74 | 12.54%, see rank | 14.65% | 12.24% |
30% to 40% | 44 | 7.46%, see rank | 7.86% | 5.64% |
40% or More | 57 | 9.66%, see rank | 13.41% | 9.16% |
*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.
Units in Structure
01240 Zip Code | Massachusetts | U.S. | |
Total Housing Units | 2,958, 100% | 2,816,875 | 132,741,033 |
1-unit, Detached | 1,671, 56.49%, see rank | 52.24% | 61.65% |
1-unit, Attached | 143, 4.83%, see rank | 5.19% | 5.82% |
2 Units | 147, 4.97%, see rank | 10.16% | 3.75% |
3 or 4 Units | 248, 8.38%, see rank | 10.94% | 4.43% |
5 to 9 Units | 204, 6.90%, see rank | 5.95% | 4.78% |
10 or More Units | 533, 18.02%, see rank | 14.65% | 13.08% |
Mobile Home, Boat, RV, Van, etc. | 12, 0.41%, see rank | 0.87% | 6.49% |
*Based on 2010-2014 data. View historical units in structure data.
Rooms
01240 Zip Code | Massachusetts | U.S. | |
Total Housing Units | 2,958, 100% | 2,816,875 | 132,741,033 |
1 Room | 141, 4.77%, see rank | 2.33% | 1.95% |
2 Rooms | 77, 2.60%, see rank | 3.02% | 2.48% |
3 Rooms | 408, 13.79%, see rank | 10.03% | 9.13% |
4 Rooms | 403, 13.62%, see rank | 15.77% | 16.60% |
5 Rooms | 251, 8.49%, see rank | 18.26% | 20.41% |
6 Rooms | 505, 17.07%, see rank | 17.63% | 18.06% |
7 Rooms | 573, 19.37%, see rank | 12.23% | 12.27% |
8 Rooms | 229, 7.74%, see rank | 9.28% | 8.48% |
9 Rooms or More | 371, 12.54%, see rank | 11.45% | 10.60% |
Median Rooms | 5.90, see rank | 5.50 | 5.50 |
*Based on 2010-2014 data. View historical rooms data.
Bedrooms
01240 Zip Code | Massachusetts | U.S. | |
Total Housing Units | 2,958, 100% | 2,816,875 | 132,741,033 |
No Bedroom | 141, 4.77%, see rank | 2.56% | 2.17% |
1 Bedroom | 523, 17.68%, see rank | 14.08% | 11.16% |
2 Bedrooms | 649, 21.94%, see rank | 28.19% | 26.69% |
3 Bedrooms | 1,079, 36.48%, see rank | 34.72% | 39.70% |
4 Bedrooms | 378, 12.78%, see rank | 16.00% | 16.05% |
5 or More Bedrooms | 188, 6.36%, see rank | 4.45% | 4.22% |
*Based on 2010-2014 data. View historical bedrooms data.
House Heating Fuel
01240 Zip Code | Massachusetts | U.S. | |
Total Housing Units | 2,256, 100% | 2,538,485 | 116,211,092 |
Utility Gas | 1,119, 49.60%, see rank | 49.70% | 48.85% |
Bottled, Tank, or LP Gas | 98, 4.34%, see rank | 2.86% | 4.86% |
Electricity | 257, 11.39%, see rank | 14.23% | 36.68% |
Fuel Oil, Kerosene, etc. | 691, 30.63%, see rank | 30.36% | 5.86% |
Coal or Coke | 0, 0.00%, see rank | 0.13% | 0.12% |
Wood | 51, 2.26%, see rank | 1.69% | 2.12% |
Solar Energy | 0, 0.00%, see rank | 0.03% | 0.05% |
Other Fuel | 13, 0.58%, see rank | 0.65% | 0.47% |
No Fuel Used | 27, 1.20%, see rank | 0.35% | 1.00% |
*Based on 2010-2014 data. View historical house heating fuel data.
Gross Rent
Monthly Rental | 01240 Zip Code | Massachusetts | U.S. |
Occupied Units Paying Rent | 764, 100% | 924,809 | 39,201,928 |
$199 or Less | 17, 2.23%, see rank | 2.07% | 1.50% |
$200 to $299 | 51, 6.68%, see rank | 5.74% | 3.18% |
$300 to $499 | 82, 10.73%, see rank | 7.69% | 7.37% |
$500 to $699 | 147, 19.24%, see rank | 8.07% | 16.01% |
$700 to $999 | 284, 37.17%, see rank | 20.08% | 29.17% |
$1,000 to $1,499 | 152, 19.90%, see rank | 31.42% | 26.88% |
$1,500 to $1,999 | 24, 3.14%, see rank | 15.67% | 9.79% |
$2,000 or More | 7, 0.92%, see rank | 9.27% | 6.10% |
Median | $748, see rank | $1,088 | $920 |
*Based on 2010-2014 data. View historical gross rent data.
Vehicle Available
01240 Zip Code | Massachusetts | U.S. | |
Occupied Housing Units | 2,256, 100% | 2,538,485 | 116,211,092 |
No Vehicles Available | 260, 11.52%, see rank | 12.57% | 9.12% |
1 Vehicles Available | 1,033, 45.79%, see rank | 36.07% | 33.80% |
2 Vehicles Available | 830, 36.79%, see rank | 36.51% | 37.48% |
3 or More Vehicles Available | 133, 5.90%, see rank | 14.84% | 19.61% |
*Based on 2010-2014 data. View historical vehicle available data.