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Zip Code 02462 Map And Demographics

Home»Massachusetts State»Middlesex County»Newton Lower Falls»Zip Code 02462
  • Population
    1,292
  • Density
    2,444 / sqml.
  • Med. Home Value
    $618,400
  • Med. Rent
    $769

Zip Code Rankings

The table shows the top 5 positions of zip code 02462 on our zip code ranking charts. For example, a rank of 10 means that a zip code ranks #10 on the list of the top zip codes in America for a particular value. The lists were created for all zip codes in America with the population of 1000 residents or higher.

Rank Report Value
#10 Top Zip Codes With The Highest Percentage Of Wealthy Families 60.49%
#45 Top Zip Codes With The Highest Percentage Of Females 60.68%
#180 Top Zip Codes With The Highest Percentage Of Rich Households 30.98%
#185 Top Zip Codes With The Highest Income Per Capita $74,628.00
#585 Top Zip Codes With The Highest Median Home Value 618400

Population breakdown by gender

Population in zip code 02462 is 1,292 residents | Male to Female ratio is 1:1.54 | Zip Code 02462 land area is 0.5287 sq. miles | Population density is 2,443.73 residents per square mile

Median age

  Median Age
Zip Code Median Age 52.6
Median Age - Male 51.9
Median Age - Female 53.4

Median age of zip code 02462 is 35.9% higher compared to nearby zip codes and 41.4% higher compared to the United States median age. Comparing gender-specific madian age yields the following results. Male median age of zip code 02462 is 35.2% higher compared to nearby zip codes and 45% higher compared to the United States male median age. Female zip code 02462 median age is 35.5% higher in comparison to nearby zip codes and 38.7% higher compared to female national median age average.

Population breakdown by age

Racial makeup

Race Count
White population 1032
Black or African American population 11
Asian population 243
American Indian and Alaska Native population 0
Native Hawaiian and other Pacific Islander population 0
Other population 0

Region of birth

Ancestry distribution

Ancestry Percent Ancestry Percent
Arab 1.4% Czech 0%
Danish 0% Dutch 0.5%
English 11.5% French No Basque 3.2%
French Canadian 1.6% German 10.1%
Greek 0% Hungarian 0%
Irish 14.5% Italian 8.3%
Lithuanian 0.5% Norwegian 0.7%
Polish 5.3% Portuguese 0.6%
Russian 8.3% Scotch-Irish 3.3%
Scottish 3.3% Slovak 0%
Subsaharan African 0% Swedish 0.9%
Swiss 0% Ukrainian 0.5%
USA 2.9% Welsh 1.4%
West Indian No Hispanic Groups 0% Other Ancestries 27%

Family type by presence of children under 18 by age

Family Type Distribution
Total families 286
Married couples 94.06%
Other couples 5.94%

Family and household income distribution

  Family income (%) Household income (%)
$30,000 or less 3.15% 25.59%
$30,000 and $50,000 13.99% 12.63%
$50,000 and $100,000 11.54% 16.16%
$100,000 and $200,000 10.84% 14.65%
$200,000 or more 60.49% 30.98%

Households by size

Household language

Language Spoken Percent
English language 76.25%
Spanish language 0.49%
Other European language 6%
Asian language 17.26%
Other language 0%

Population by housing unit

Housing Unit Percent
Total Occupied housing units 594
Detached housing units 60.1%
Attached housing units 3.54%
2 units 5.05%
3 - 4 units 3.54%
5 - 9 units 1.52%
10 - 19 units 5.89%
20 - 49 units 7.41%
50 or more units 12.96%
Mobile homes 0%
Boats, RVs, Vans 0%

Means of transportation to work

Means Percent
Use car, track or Van 82.61%
Use public transportation 11.05%
Use Motorcycle 0%
Use bicycle 1.63%
Walk to work 1.45%
Work at home 3.26%

School attendance

Attendance Percent
Attent Preschool programs 3.3%
Attend Public School 12.32%
Attend college undergraduate program 1.53%
Attent graduate studies 0.64%
Not enrolled in school 82.21%

Highest school attainment

Attainment Percent
Less then 9th grade 6.68%
Grade 9 to 12, no diploma 3.02%
High school diploma 23.21%
Some college, no degree 14.31%
Associate degree 11.13%
Bachelor's degree 22.58%
Graduate or professional degree 19.08%

Business Counts by Industry

Industry Type Count
Total of all sectors 133
Health Care and Social Assistance 62
Professional, Scientific, and Technical Services 19
Finance and Insurance 16
Construction 6
Accommodation and Food Services 6
Other Services (except Public Administration) 5
Retail Trade 4
Information 4
Real Estate and Rental and Leasing 4
Transportation and Warehousing 2
Wholesale Trade 2
Administrative and Support and Waste Management and Remediation Services 2
Educational Services 1

Real Estate

Metric Value
Housing occupied 96.27%
Housing vacant 3.73%
Housing occupied by owner 58.42%
Housing occupied by tenant 41.58%
Total Rented Units 247
Median Contract Gross Rent $769
Median Gross Rent $769
Median Home Value $618,400

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 02462 median gross rent is 0% larger then the median contract rent.

Average estimated apartment rent

Apartment Type Average Rent
Studio $1,200
1 Bedroom $1,270
2 Bedrooms $1,490
3 Bedrooms $1,780
4 Bedrooms $1,960
AVERAGE RENT $1,540

Average rent in zip code 02462 ($1,540.00) is 8.6% lower compared to nearby zip codes and 64.7% higher compared to the average rent in the US. The following illustrates how zip code 02462 rent compares to the nearby zip code rents by unit type: studio apartment rent is 8.3% lower, one bedroom apartment rent is 8.6% lower, two bedroom rent is 8.6% lower, three bedroom rent is 8.8% lower, four bedroom rent is 8.5% lower.

Housing units

Housing Unit Percent
Total housing units 617
Detached housing units 57.86%
Attached housing units 3.4%
2 units 4.86%
3 - 4 units 3.4%
5 - 9 units 1.46%
10 - 19 units 9.4%
20 - 49 units 7.13%
50 or more units 12.48%
Mobile homes 0%
Boats, RVs, Vans 0%

Real Estate taxes paid

Tax Amount
Total Real Estate Taxes $2,192,100
Real estate taxes paid for units with a mortgage $1,289,100
Real estate taxes paid for units with no mortgage $902,900

Nearby Zip Code Income Per Capita Comparison

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