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Population in zip code 01240 is 4,442 residents | Male to Female ratio is 1:1.18 | Zip Code 01240 land area is 21.3801 sq. miles | Population density is 207.76 residents per square mile

Median Age in Zip Code 01240

  Median Age
Zip Code Median Age 51.9
Median Age - Male 48.4
Median Age - Female 57.4

Median age of zip code 01240 is 24.8% higher compared to nearby zip codes and 39.5% higher compared to the United States median age. Comparing gender-specific madian age yields the following results. Male median age of zip code 01240 is 19.5% higher compared to nearby zip codes and 35.2% higher compared to the United States male median age. Female zip code 01240 median age is 27.8% higher in comparison to nearby zip codes and 49.1% higher compared to female national median age average.

Population Breakdown By Age

Racial makeup of Zip Code 01240

White population 4294
African American population 39
Asian population 74
American Indian and Alaska Native population 8
Native Hawaiian and other Pacific Islander population 0
Other population 3

Region of Birth

Zip Code 01240 Ancestry Distribution

Arab 0.5% Czech 0.9%
Danish 0.4% Dutch 2.7%
English 16.9% French No Basque 8.1%
French Canadian 5.1% German 10.8%
Greek 0.8% Hungarian 2.3%
Irish 19.7% Italian 12.2%
Lithuanian 0.1% Norwegian 0.7%
Polish 5.1% Portuguese 0.6%
Russian 4.2% Scotch-Irish 1.7%
Scottish 4.2% Slovak 0.2%
Subsaharan African 0% Swedish 1.4%
Swiss 0.1% Ukrainian 0.3%
USA 3.2% Welsh 1.2%
West Indian No Hispanic Groups 0.4% Other Ancestries 11%

Family type by presence of children under 18 by age in zip code 01240

Family Type Distribution
Total families 1009
Married couples 78.59%
Other couples 21.41%

Family and Household Income Distribution in Zip Code 01240

  Family income (%) Household income (%)
$30,000 or less 13.68% 33.3%
$30,000 and $50,000 10.7% 14.98%
$50,000 and $100,000 41.03% 31.15%
$100,000 and $200,000 29.44% 16.89%
$200,000 or more 5.15% 3.67%

Household language in zip code 01240

English language 90.1%
Spanish language 2.39%
Other European language 6.37%
Asian language 0.33%
Other language 0.81%

Population by housing unit in zip code 01240

Total Occupied housing units 2096
Detached housing units 57.59%
Attached housing units 2.91%
2 units 8.3%
3 - 4 units 5.15%
5 - 9 units 10.07%
10 - 19 units 5.87%
20 - 49 units 4.25%
50 or more units 5.2%
Mobile homes 0.67%
Boats, RVs, Vans 0%

Means of transportation to work in zip code 01240

Use car, track or Van 79.69%
Use public transportation 0%
Use Motorcycle 0%
Use bicycle 0.88%
Walk to work 4.65%
Work at home 14.78%

School attendance in zip code 01240

Attent Preschool programs 2.33%
Attend Public School 16.24%
Attend college undergraduate program 4.84%
Attent graduate studies 0.9%
Not enrolled in school 75.69%

Highest school attainment in zip code 01240

Less then 9th grade 4.36%
Grade 9 to 12, no diploma 2.77%
High school diploma 32.35%
Some college, no degree 16.69%
Associate degree 10.23%
Bachelor's degree 28.8%
Graduate or professional degree 4.8%

Real Estate in zip code 01240

Housing occupied 76.61%
Housing vacant 23.39%
Housing occupied by owner 63.02%
Housing occupied by tenant 36.98%
Total Rented Units 775
Median Contract Gross Rent $758
Median Gross Rent $774
Median Home Value $308,900

Contract rent is the monthly cash rent agreed to, regardless of any furnishings, utilities, fees, meals, or services that may be included. Gross rent is the contract rent plus the estimated average monthly cost of utilities and fuels if these are paid by the renter. In zip code 01240 median gross rent is 2.11% larger then the median contract rent.

Average estimated apartment rent in zip code 01240

Studio $530
1 Bedroom $620
2 Bedrooms $770
3 Bedrooms $990
4 Bedrooms $1,020
AVERAGE RENT $786

Average rent in zip code 01240 ($786.00) is 9.7% lower compared to nearby zip codes and 16% lower compared to the average rent in the US. The following illustrates how zip code 01240 rent compares to the nearby zip code rents by unit type: studio apartment rent is 9.9% lower, one bedroom apartment rent is 9.8% lower, two bedroom rent is 9.6% lower, three bedroom rent is 9.6% lower, four bedroom rent is 9.7% lower.

Housing units in zip code 01240

Total housing units 2736
Detached housing units 56.43%
Attached housing units 4.9%
2 units 6.36%
3 - 4 units 6.58%
5 - 9 units 9.25%
10 - 19 units 5.67%
20 - 49 units 4.57%
50 or more units 5.74%
Mobile homes 0.51%
Boats, RVs, Vans 0%

Real Estate taxes paid in zip code 01240

Total Real Estate Taxes $4,230,400
Real estate taxes paid for units with a mortgage $2,962,800
Real estate taxes paid for units with no mortgage $1,267,600

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Nearby Zip Code Income Per Capita Comparison

Zip Codes Near 01240