USA.com / Massachusetts / Essex County / Peabody, MA / 01960 / Housing

01960 Zip Code Housing

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As of 2010-2014, median price of a house in 01960 Zip Code is $331,900, which is about the same as the state average of $329,900 and is much higher than the national average of $175,700. The 01960 Zip Code median house value has grown by 53.73% since 2000. The growth rate for the price of a house in 01960 Zip Code is lower than 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 01960 Zip Code was built is 1963, 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.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 13,654 Owner Occupied Houses in 01960 Zip Code, see rank

01960 Zip Code	331,900 USD
Massachusetts	329,900 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, see rank

01960 Zip Code	53.73%
Massachusetts	77.65%
U.S.	46.91%

Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

	01960 Zip Code	Massachusetts	U.S.
Total Housing Units	22,392, see rank, 100%	2,816,875	132,741,033
Occupied Housing Units	21,458, 95.83%, see rank	90.12%	87.55%
Owner Occupied	13,654, 60.98%, see rank	56.12%	56.34%
Renter Occupied	7,804, 34.85%, see rank	33.99%	31.21%
Vacant Housing Units	934, 4.17%, see rank	9.88%	12.45%
For Rent	244, 1.09%, see rank	1.67%	2.34%
For Sale Only	147, 0.66%, 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	120, 0.54%, see rank	4.29%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.01%	0.03%
Other Vacant	423, 1.89%, see rank	2.40%	4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #262

01960 Zip Code	Massachusetts	U.S.
1963	1959	1976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

	01960 Zip Code	%	Massachusetts	U.S.
Owner-Occupied Units	13,654	100%	1,580,938	74,787,460
With a Mortgage	8,978	65.75%, see rank	71.18%	65.58%
Without a Mortgage	4,676	34.25%, 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

01960 Zip Code	2,046 USD
Massachusetts	2,095 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	01960 Zip Code	%	Massachusetts	U.S.
$299 or Less	19	0.21%, see rank	0.09%	0.20%
$300 to $499	18	0.20%, see rank	0.49%	1.59%
$500 to $699	99	1.10%, see rank	1.47%	5.01%
$700 to $999	480	5.35%, see rank	4.74%	14.32%
$1,000 to $1,499	1,236	13.77%, see rank	16.44%	27.90%
$1,500 to $1,999	2,428	27.04%, see rank	22.84%	20.35%
$2,000 to $2,999	3,503	39.02%, see rank	34.83%	19.52%
$3,000 or More	1,195	13.31%, see rank	19.10%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

01960 Zip Code	26.50% 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

	01960 Zip Code	%	Massachusetts	U.S.
10% or Less	424	4.72%, see rank	5.29%	5.86%
10% to 20%	2,055	22.89%, see rank	29.25%	31.95%
20% to 30%	2,814	31.34%, see rank	29.39%	27.64%
30% to 40%	1,639	18.26%, see rank	14.83%	13.74%
40% or More	2,038	22.70%, 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

01960 Zip Code	628 USD
Massachusetts	707 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	01960 Zip Code	%	Massachusetts	U.S.
$199 or Less	311	6.65%, see rank	1.57%	7.76%
$200 to $299	112	2.40%, see rank	2.45%	14.70%
$300 to $499	1,047	22.39%, see rank	16.27%	34.63%
$500 to $699	1,449	30.99%, see rank	28.91%	21.16%
$700 or More	1,757	37.57%, see rank	50.80%	21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

01960 Zip Code	15.40% 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

	01960 Zip Code	%	Massachusetts	U.S.
10% or Less	1,478	31.61%, see rank	31.52%	40.19%
10% to 20%	1,394	29.81%, see rank	31.52%	31.47%
20% to 30%	656	14.03%, see rank	14.65%	12.24%
30% to 40%	396	8.47%, see rank	7.86%	5.64%
40% or More	650	13.90%, 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

	01960 Zip Code	Massachusetts	U.S.
Total Housing Units	22,392, 100%	2,816,875	132,741,033
1-unit, Detached	11,414, 50.97%, see rank	52.24%	61.65%
1-unit, Attached	1,112, 4.97%, see rank	5.19%	5.82%
2 Units	2,053, 9.17%, see rank	10.16%	3.75%
3 or 4 Units	1,228, 5.48%, see rank	10.94%	4.43%
5 to 9 Units	892, 3.98%, see rank	5.95%	4.78%
10 or More Units	5,058, 22.59%, see rank	14.65%	13.08%
Mobile Home, Boat, RV, Van, etc.	635, 2.84%, see rank	0.87%	6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

	01960 Zip Code	Massachusetts	U.S.
Total Housing Units	22,392, 100%	2,816,875	132,741,033
1 Room	270, 1.21%, see rank	2.33%	1.95%
2 Rooms	818, 3.65%, see rank	3.02%	2.48%
3 Rooms	2,135, 9.53%, see rank	10.03%	9.13%
4 Rooms	4,240, 18.94%, see rank	15.77%	16.60%
5 Rooms	3,972, 17.74%, see rank	18.26%	20.41%
6 Rooms	4,006, 17.89%, see rank	17.63%	18.06%
7 Rooms	3,060, 13.67%, see rank	12.23%	12.27%
8 Rooms	2,057, 9.19%, see rank	9.28%	8.48%
9 Rooms or More	1,834, 8.19%, see rank	11.45%	10.60%
Median Rooms	5.40, see rank	5.50	5.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

	01960 Zip Code	Massachusetts	U.S.
Total Housing Units	22,392, 100%	2,816,875	132,741,033
No Bedroom	363, 1.62%, see rank	2.56%	2.17%
1 Bedroom	3,416, 15.26%, see rank	14.08%	11.16%
2 Bedrooms	7,074, 31.59%, see rank	28.19%	26.69%
3 Bedrooms	7,899, 35.28%, see rank	34.72%	39.70%
4 Bedrooms	3,070, 13.71%, see rank	16.00%	16.05%
5 or More Bedrooms	570, 2.55%, see rank	4.45%	4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

	01960 Zip Code	Massachusetts	U.S.
Total Housing Units	21,458, 100%	2,538,485	116,211,092
Utility Gas	9,930, 46.28%, see rank	49.70%	48.85%
Bottled, Tank, or LP Gas	603, 2.81%, see rank	2.86%	4.86%
Electricity	3,509, 16.35%, see rank	14.23%	36.68%
Fuel Oil, Kerosene, etc.	7,214, 33.62%, see rank	30.36%	5.86%
Coal or Coke	36, 0.17%, see rank	0.13%	0.12%
Wood	35, 0.16%, see rank	1.69%	2.12%
Solar Energy	0, 0.00%, see rank	0.03%	0.05%
Other Fuel	70, 0.33%, see rank	0.65%	0.47%
No Fuel Used	61, 0.28%, see rank	0.35%	1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	01960 Zip Code	Massachusetts	U.S.
Occupied Units Paying Rent	7,371, 100%	924,809	39,201,928
$199 or Less	101, 1.37%, see rank	2.07%	1.50%
$200 to $299	324, 4.40%, see rank	5.74%	3.18%
$300 to $499	400, 5.43%, see rank	7.69%	7.37%
$500 to $699	371, 5.03%, see rank	8.07%	16.01%
$700 to $999	1,084, 14.71%, see rank	20.08%	29.17%
$1,000 to $1,499	3,058, 41.49%, see rank	31.42%	26.88%
$1,500 to $1,999	1,373, 18.63%, see rank	15.67%	9.79%
$2,000 or More	660, 8.95%, see rank	9.27%	6.10%
Median	$1,240, see rank	$1,088	$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

	01960 Zip Code	Massachusetts	U.S.
Occupied Housing Units	21,458, 100%	2,538,485	116,211,092
No Vehicles Available	2,371, 11.05%, see rank	12.57%	9.12%
1 Vehicles Available	7,872, 36.69%, see rank	36.07%	33.80%
2 Vehicles Available	8,099, 37.74%, see rank	36.51%	37.48%
3 or More Vehicles Available	3,116, 14.52%, see rank	14.84%	19.61%

*Based on 2010-2014 data. View historical vehicle available data.