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02540 Zip Code Housing

 
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As of 2010-2014, median price of a house in 02540 Zip Code is $497,100, which is higher than the state average of $329,900 and is much higher than the national average of $175,700. The 02540 Zip Code median house value has grown by 101.01% since 2000. The growth rate for the price of a house in 02540 Zip Code is higher than the state average rate of 77.65% and is much higher than the national average rate of 46.91%. The median year that a house in 02540 Zip Code was built is 1967, 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 ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 2,679 Owner Occupied Houses in 02540 Zip Code, see rank
02540 Zip Code
497,100 USD
Massachusetts
329,900 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, see rank
02540 Zip Code
101.01%
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

 02540 Zip CodeMassachusettsU.S.
Total Housing Units6,575, see rank, 100%2,816,875132,741,033
Occupied Housing Units3,969, 60.37%, see rank90.12%87.55%
Owner Occupied2,679, 40.75%, see rank56.12%56.34%
Renter Occupied1,290, 19.62%, see rank33.99%31.21%
Vacant Housing Units2,606, 39.63%, see rank9.88%12.45%
For Rent71, 1.08%, see rank1.67%2.34%
For Sale Only21, 0.32%, see rank0.74%1.20%
Rented or Sold, Not Occupied24, 0.37%, see rank0.77%0.92%
For Seasonal, Recreational, or Occasional Use2,410, 36.65%, see rank4.29%3.97%
For Migrant Workers0, 0.00%, see rank0.01%0.03%
Other Vacant80, 1.22%, see rank2.40%4.00%

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

Year Structure Built

Median Built Year, #214
02540 Zip CodeMassachusettsU.S.
196719591976

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

 02540 Zip Code%MassachusettsU.S.
Owner-Occupied Units2,679100%1,580,93874,787,460
With a Mortgage1,34550.21%, see rank71.18%65.58%
Without a Mortgage1,33449.79%, see rank28.82%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
02540 Zip Code
2,089 USD
Massachusetts
2,095 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner Costs02540 Zip Code%MassachusettsU.S.
$299 or Less00.00%, see rank0.09%0.20%
$300 to $499100.74%, see rank0.49%1.59%
$500 to $69970.52%, see rank1.47%5.01%
$700 to $99914811.00%, see rank4.74%14.32%
$1,000 to $1,49916912.57%, see rank16.44%27.90%
$1,500 to $1,99927720.59%, see rank22.84%20.35%
$2,000 to $2,99952338.88%, see rank34.83%19.52%
$3,000 or More21115.69%, see rank19.10%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
02540 Zip Code
25.20% 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
 02540 Zip Code%MassachusettsU.S.
10% or Less14310.63%, see rank5.29%5.86%
10% to 20%37828.10%, see rank29.25%31.95%
20% to 30%36927.43%, see rank29.39%27.64%
30% to 40%15311.38%, see rank14.83%13.74%
40% or More30222.45%, see rank20.86%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
02540 Zip Code
772 USD
Massachusetts
707 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner Costs02540 Zip Code%MassachusettsU.S.
$199 or Less90.67%, see rank1.57%7.76%
$200 to $299120.90%, see rank2.45%14.70%
$300 to $4991017.57%, see rank16.27%34.63%
$500 to $69937828.34%, see rank28.91%21.16%
$700 or More83462.52%, see rank50.80%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
02540 Zip Code
14.30% 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
 02540 Zip Code%MassachusettsU.S.
10% or Less45534.11%, see rank31.52%40.19%
10% to 20%35526.61%, see rank31.52%31.47%
20% to 30%16812.59%, see rank14.65%12.24%
30% to 40%806.00%, see rank7.86%5.64%
40% or More25419.04%, see rank13.41%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 02540 Zip CodeMassachusettsU.S.
Total Housing Units6,575, 100%2,816,875132,741,033
1-unit, Detached4,724, 71.85%, see rank52.24%61.65%
1-unit, Attached389, 5.92%, see rank5.19%5.82%
2 Units191, 2.90%, see rank10.16%3.75%
3 or 4 Units394, 5.99%, see rank10.94%4.43%
5 to 9 Units238, 3.62%, see rank5.95%4.78%
10 or More Units602, 9.16%, see rank14.65%13.08%
Mobile Home, Boat, RV, Van, etc.37, 0.56%, see rank0.87%6.49%

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

Rooms

 02540 Zip CodeMassachusettsU.S.
Total Housing Units6,575, 100%2,816,875132,741,033
1 Room52, 0.79%, see rank2.33%1.95%
2 Rooms202, 3.07%, see rank3.02%2.48%
3 Rooms617, 9.38%, see rank10.03%9.13%
4 Rooms1,138, 17.31%, see rank15.77%16.60%
5 Rooms656, 9.98%, see rank18.26%20.41%
6 Rooms1,304, 19.83%, see rank17.63%18.06%
7 Rooms928, 14.11%, see rank12.23%12.27%
8 Rooms901, 13.70%, see rank9.28%8.48%
9 Rooms or More777, 11.82%, see rank11.45%10.60%
Median Rooms6.00, see rank5.505.50

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

Bedrooms

 02540 Zip CodeMassachusettsU.S.
Total Housing Units6,575, 100%2,816,875132,741,033
No Bedroom60, 0.91%, see rank2.56%2.17%
1 Bedroom868, 13.20%, see rank14.08%11.16%
2 Bedrooms1,484, 22.57%, see rank28.19%26.69%
3 Bedrooms2,173, 33.05%, see rank34.72%39.70%
4 Bedrooms1,513, 23.01%, see rank16.00%16.05%
5 or More Bedrooms477, 7.25%, see rank4.45%4.22%

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

House Heating Fuel

 02540 Zip CodeMassachusettsU.S.
Total Housing Units3,969, 100%2,538,485116,211,092
Utility Gas2,165, 54.55%, see rank49.70%48.85%
Bottled, Tank, or LP Gas102, 2.57%, see rank2.86%4.86%
Electricity306, 7.71%, see rank14.23%36.68%
Fuel Oil, Kerosene, etc.1,312, 33.06%, see rank30.36%5.86%
Coal or Coke17, 0.43%, see rank0.13%0.12%
Wood60, 1.51%, see rank1.69%2.12%
Solar Energy0, 0.00%, see rank0.03%0.05%
Other Fuel7, 0.18%, see rank0.65%0.47%
No Fuel Used0, 0.00%, see rank0.35%1.00%

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

Gross Rent

Monthly Rental02540 Zip CodeMassachusettsU.S.
Occupied Units Paying Rent1,250, 100%924,80939,201,928
$199 or Less8, 0.64%, see rank2.07%1.50%
$200 to $299168, 13.44%, see rank5.74%3.18%
$300 to $499110, 8.80%, see rank7.69%7.37%
$500 to $699162, 12.96%, see rank8.07%16.01%
$700 to $999243, 19.44%, see rank20.08%29.17%
$1,000 to $1,499415, 33.20%, see rank31.42%26.88%
$1,500 to $1,999120, 9.60%, see rank15.67%9.79%
$2,000 or More24, 1.92%, see rank9.27%6.10%
Median$939, see rank$1,088$920

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

Vehicle Available

 02540 Zip CodeMassachusettsU.S.
Occupied Housing Units3,969, 100%2,538,485116,211,092
No Vehicles Available456, 11.49%, see rank12.57%9.12%
1 Vehicles Available1,633, 41.14%, see rank36.07%33.80%
2 Vehicles Available1,350, 34.01%, see rank36.51%37.48%
3 or More Vehicles Available530, 13.35%, see rank14.84%19.61%

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


 
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