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02462 Zip Code Detailed Profile

 



Profiles 02462 houses, apartments, residents, cars, jobs...

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Middlesex County, MA
Zip code population (2000): 1,528
Estimated zip code population in 2007: 1,552



Age and Sex of Residents in zip code 02462

Zip code 02462 (, Massachusetts) real estate house value trends

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Recent home sales, real estate maps, and home value estimator for zip code 02462


Houses and condos: 623
Renter-occupied apartments: 264
% of renters here:  42%
State:  38%

2008 cost of living index in zip code 02462: 152.1 (very high, U.S. average is 100)

Land area: 0.6 sq. mi.
Water area: 0.0 sq. mi.
Population density: 2770 people per square mile 
 
 (average).

Estimate of real estate property taxes paid for housing units in 2007:
This zip code:  1.7% ($4,313)
Massachusetts:  1.8% ($2,336)

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Males: 647  (42.3%)
Females: 881  (57.7%)

Zip code 02462 races chart


02462, MA forum
Discuss zip code 02462 area on our local forum with over 700,000 registered users
100% urban population.

Estimated median house/condo value in 2007: $742,221
02462:  $742,221
Massachusetts:  $366,400

According to our research of public records there were no registered sex offenders living in this zip code in early 2007.

Median resident age:  47.1 years
Massachusetts median age:  36.5 years

Average household size:
This zip code:  2.2 people
Massachusetts:  2.5 people

Averages for the 2004 tax year for zip code 02462, filed in 2005:
Average Adjusted Gross Income (AGI) in 2004: $82,707 (Individual Income Tax Returns)
Here:  $82,707
State:  $62,877

Salary/wage: $73,107 (reported on 71.5% of returns)
Here:  $73,107
State:  $52,969
(% of AGI for various income ranges: 332.6% for AGIs below $10k, 47.5% for AGIs $10k-25k, 65.4% for AGIs $25k-50k, 69.3% for AGIs $50k-75k, 71.7% for AGIs $75k-100k, 61.3% for AGIs over 100k)

Taxable interest for individuals: $3,317 (reported on 73.0% of returns)
This zip code:  $3,317
Massachusetts:  $1,945
(% of AGI for various income ranges: 52.2% for AGIs below $10k, 6.9% for AGIs $10k-25k, 4.2% for AGIs $25k-50k, 4.6% for AGIs $50k-75k, 1.3% for AGIs $75k-100k, 2.5% for AGIs over 100k)

Taxable dividends: $6,491 (reported on 56.0% of returns)
Here:  $6,491
State:  $5,323
(% of AGI for various income ranges: 91.3% for AGIs below $10k, 13.1% for AGIs $10k-25k, 5.5% for AGIs $25k-50k, 5.0% for AGIs $50k-75k, 2.1% for AGIs $75k-100k, 3.9% for AGIs over 100k)

Net capital gain/loss: +$19,337 (reported on 46.0% of returns)
Here:  +$19,337
State:  +$20,377
(% of AGI for various income ranges: -48.9% for AGIs below $10k, 5.9% for AGIs $10k-25k, 1.4% for AGIs $25k-50k, 0.4% for AGIs $50k-75k, -0.4% for AGIs $75k-100k, 14.6% for AGIs over 100k)

Profit/loss from business: +$33,922 (reported on 19.3% of returns)
Here:  +$33,922
State:  +$17,837
(% of AGI for various income ranges: 4.6% for AGIs $10k-25k, 3.9% for AGIs $25k-50k, 3.6% for AGIs $50k-75k, 8.5% for AGIs $75k-100k, 9.0% for AGIs over 100k)

IRA payment deduction: $2,364 (reported on 1.8% of returns)
02462:  $2,364
Massachusetts:  $3,100

Self-employed pension: $22,000 (reported on 3.5% of returns)
Here:  $22,000
Massachusetts:  $14,516

Total itemized deductions: $28,667 (1% of AGI, reported on 51.0% of returns)
Here:  $28,667
State:  $22,573
(% of AGI for various income ranges: 153.3% for AGIs below $10k, 31.1% for AGIs $10k-25k, 19.8% for AGIs $25k-50k, 15.8% for AGIs $50k-75k, 25.5% for AGIs $75k-100k, 15.9% for AGIs over 100k)

Charity contributions deductions: $3,559 (2.4% of AGI, reported on 45.0% of returns)
Here:  $3,559
Massachusetts:  $3,295

Here:  2.4% of AGI
State:  2.7% of AGI
(% of AGI for various income ranges: 1.3% for AGIs $10k-25k, 1.3% for AGIs $25k-50k, 1.2% for AGIs $50k-75k, 2.0% for AGIs $75k-100k, 2.1% for AGIs over 100k)

Total tax: $17,147 (reported on 78.2% of returns)
02462:  $17,147
State:  $11,494
(% of AGI for various income ranges: 18.5% for AGIs below $10k, 3.9% for AGIs $10k-25k, 7.4% for AGIs $25k-50k, 11.9% for AGIs $50k-75k, 10.0% for AGIs $75k-100k, 18.8% for AGIs over 100k)

Earned income credit: $1,871 (reported on 5.2% of returns)
Here:  $1,871
State:  $1,518
(% of AGI for various income ranges: 16.3% for AGIs below $10k, 2.6% for AGIs $10k-25k)

Percentage of individuals using paid preparers for their 2004 taxes: 52.8%
Here:  53%
State:  58%
(% for various income ranges: 37.3% for AGIs below $10k, 63.3% for AGIs $10k-25k, 52.1% for AGIs $25k-50k, 53.5% for AGIs $50k-75k, 59.6% for AGIs $75k-100k, 57.7% for AGIs over 100k)


Estimated median household income in 2007: $77,912
This zip code:  $77,912
Massachusetts:  $62,365
02462 map

Nearest zip codes: 02466, 02481, 02468, 02465, 02493, 02464.


Percentage of family households:
This zip code:  54.8%
Whole state:  64.5%

Percentage of households with unmarried partners:
This zip code:  3.3%
Whole state:  5.4%

Likely homosexual households (counted as self-reported same-sex unmarried-partner households)
  • Lesbian couples: 0.2% of all households
  • Gay men: 0.2% of all households

Housing units in zip code 02462 with a mortgage: 205 (0 second mortgage, 47 home equity loan, 0 both second mortgage and home equity loan)
Houses without a mortgage: 102


Median monthly owner costs for units with a mortgage: $3,095

Median monthly owner costs for units without a mortgage: $892

Residents with income below the poverty level in 2007:
This zip code:  10.0%
Whole state:  9.9%

Residents with income below 50% of the poverty level in 2007:
This zip code:  6.6%
Whole state:  4.4%

Median number of rooms in houses and condos:
Here:  6.9
State:  6.4

Median number of rooms in apartments:
Here:  3.0
State:  4.0


Zip code 02462 close-up map

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Notable locations in this zip code not listed on our city pages:

Park in zip code 02462: Lower Falls Park (1). Display/hide its location on the map

 

Year house built:
  • 1999 to March 2000: 0
  • 1995 to 1998: 98
  • 1990 to 1994: 6
  • 1980 to 1989: 31
  • 1970 to 1979: 86
  • 1960 to 1969: 68
  • 1950 to 1959: 61
  • 1940 to 1949: 78
  • 1939 or earlier: 196




Bedrooms in owner-occupied houses in 02462:
  • no bedroom: 0
  • 1 bedrooms: 12
  • 2 bedrooms: 48
  • 3 bedrooms: 191
  • 4 bedrooms: 90
  • 5 or more bedrooms: 19


Bedrooms in renter-occupied apartments and housing units:
  • no bedroom: 65
  • 1 bedrooms: 91
  • 2 bedrooms: 61
  • 3 bedrooms: 23
  • 4 bedrooms: 24
  • 5 or more bedrooms: 0



Vehicles available in 02462 zip code in owner-occupied houses/condos:
  • no vehicle: 0
  • 1 vehicle: 125
  • 2 vehicles: 183
  • 3 vehicles: 52
  • 4 vehicles: 0
  • 5 or more vehicles: 0


Vehicles available in renter-occupied apartments:
  • no vehicle: 139
  • 1 vehicle: 102
  • 2 vehicles: 23
  • 3 vehicles: 0
  • 4 vehicles: 0
  • 5 or more vehicles: 0



Estimated household income distribution in 2007:

Zip code 02462 household income distribution in 2007

Zip code 02462 house/condo values in 2007


Estimate of home value of owner-occupied houses/condos in 2007 in zip code 02462:

  • $250,000 to $299,999: 12
  • $400,000 to $499,999: 12
  • $500,000 to $749,999: 165
  • $750,000 to $999,999: 124
  • $1,000,000 or more: 53
 



02462 rent paid by renters


Rent paid by renters in 2007 in zip code 02462:

  • Less than $100: 15
  • $150 to $199: 21
  • $200 to $249: 19
  • $400 to $449: 4
  • $900 to $999: 51
  • $1,000 to $1,249: 16
  • $1,250 to $1,499: 115
  • $1,500 to $1,999: 16
  • $2,000 or more: 141
  • No cash rent: 17
 


Median price asked for vacant for-sale houses and condos in 2007: $0.


Estimated median house (or condo) value in 2007 for:

  • White Non-Hispanic householders: $748,634
  • Asian householders: $901,969

Estimated median house or condo value in 2007: $739,994 (it was $370,300 in 2000)
02462:  $739,994
Massachusetts:  $366,400
Lower value quartile - upper value quartile: $0 - $0

Mean price in 2007:
Detached houses: $745,764
Here:  $745,764
State:  $440,475

In 2-unit structures: $679,346
Here:  $679,346
State:  $414,317

In 5-or-more-unit structures: $214,716
Here:  $214,716
State:  $335,381


Owners and renters by unit type in %



Breakdown of mean house values by ages of householders


Housing units in structures:

  • One, detached: 352
  • Two: 13
  • 3 or 4: 24
  • 5 to 9: 38
  • 10 to 19: 52
  • 20 to 49: 61
  • 50 or more: 84
02462 zip code mode of transportation to work chart

Means of transportation to work

  • Drove a car alone: 436 (76%)
  • Carpooled: 8 (1%)
  • Bus or trolley bus: 32 (6%)
  • Streetcar or trolley car: 7 (1%)
  • Subway or elevated: 23 (4%)
  • Railroad: 7 (1%)
  • Walked: 18 (3%)
  • Worked at home: 46 (8%)
 

02462 zip code travel time to work

Travel time to work

  • Less than 5 minutes: 5
  • 5 to 9 minutes: 46
  • 10 to 14 minutes: 90
  • 15 to 19 minutes: 66
  • 20 to 24 minutes: 87
  • 25 to 29 minutes: 47
  • 30 to 34 minutes: 75
  • 35 to 39 minutes: 13
  • 40 to 44 minutes: 14
  • 45 to 59 minutes: 66
  • 60 to 89 minutes: 22
  • 90 or more minutes: 0
 

Percentage of zip code residents living and working in this county: 49.0%


Household type by relationship
Households: 1,303

  • In family households: 995 (266 male householders, 94 female householders)
    272 spouses, 299 children (294 natural, 5 adopted, 0 stepchildren), 0 grandchildren, 22 brothers or sisters, 31 parents, 0 other relatives, 11 non-relatives
  • In nonfamily households: 308 (89 male householders (67 living alone)), 176 female householders (163 living alone)), 43 nonrelatives
  • In group quarters: 161 (all institutionalized)

Size of family households: 183 2-persons, 73 3-persons, 86 4-persons, 18 5-persons.

Size of nonfamily households: 230 1-person, 30 2-persons, 5 3-persons.

265 married couples with children.
46 single-parent households (8 men, 38 women).

81.6% of residents of 02462 zip code speak English at home.
1.0% of residents speak Spanish at home (64% very well, 36% well).
8.8% of residents speak other Indo-European language at home (52% very well, 36% well, 13% not well).
7.2% of residents speak Asian or Pacific Island language at home (68% very well, 23% well, 9% not well).
1.4% of residents speak other language at home (35% very well, 30% not well, 35% not at all).

Foreign born population: 188 (12.3%)
(63.8% of them are naturalized citizens)

This zip code:  12.3%
Whole state:  12.2%

Most common places of birth for the foreign-born residents:



  • Lebanon (14%)
  • Russia (13%)
  • United Kingdom (11%)
  • Hong Kong (10%)
  • China, excluding Hong Kong and Taiwan (10%)
  • Romania (9%)
  • Canada (8%)



Year of entry for the foreign-born population
  • 1995 to March 2000: 16
  • 1990 to 1994: 41
  • 1985 to 1989: 14
  • 1980 to 1984: 9
  • 1975 to 1979: 17
  • 1970 to 1974: 20
  • 1970 to 1974: 32
  • 1965 to 1969: 39

White population: 1,342
Black population: 36
American Indian population: 2
Asian population: 133
Native Hawaiian and Other Pacific Islander population: 0
Some other race population: 3
Two or more races population: 12

Zip code 02462 races chart


First ancestries reported:

 Other groups: 194
 Irish: 148
 English: 129
 Italian: 121
 Russian: 114
 German: 71
 Eastern European: 43
 United States or American: 43
 Polish: 41
 European: 33
 Armenian: 33
 Scottish: 31
 Arab:: 20
 Lebanese: 20
 French Canadian: 17
 Iranian: 17
 Scotch-Irish: 17
 Welsh: 14
 British: 13
 French (except Basque): 13
 Norwegian: 10
 Portuguese: 9
 Canadian: 8
 Lithuanian: 8
 Austrian: 8
 Dutch: 7
 Albanian: 7
 Ukrainian: 7
 Romanian: 6
 Swedish: 6



Zip code 02462 topographic map


Facitilies with environmental interests located in this zip code:

  • MBTA RIVERSIDE CAR HOUSE (325 GROVE STREET in NEWTON, MA)
    AIR MINOR (AIRS/AFS)
    CRITERIA AND HAZARDOUS AIR POLLUTANT INVENTORY (Inventory of air pollution sources)
    National Pollutant Discharge Elimination System NON-MAJOR (Tracking pollutant discharge elimination systems) - permit
    Small Quantity Generators, between 100 kg and 1000 kg of hazardous waste/month (Resource Conservation and Recovery Act (tracking hazardous waste)) - notification
    Business SIC classification: LOCAL AND SUBURBAN TRANSIT
    Organizations: MA BAY TRANSPORTATION AUTHORITY (CONTACT/OPERATOR) , MASS BAY TRANSPORTATION AUTH (CONTACT/OWNER)
    Alternative names: M B T A RIVERSIDE CARHOUSE, MA BAY TRANSPORTATION AUTHORITY, MBTA RIVERSIDE CARHO, MBTA - RIVERSIDE CARHOUSE, MBTARIVERSIDE
  • NEWTON WELLESLEY HOSPITAL (2014 WASHINGTON STREET in NEWTON, MA)
    AIR SYNTHETIC MINOR (AIRS/AFS)
    CRITERIA AND HAZARDOUS AIR POLLUTANT INVENTORY (Inventory of air pollution sources)
    HAZARDOUS WASTE BIENNIAL REPORTER (Resource Conservation and Recovery Act (tracking hazardous waste))
    Large Quantity Generators, more that 1000 kg of hazardous waste/month (Resource Conservation and Recovery Act (tracking hazardous waste)) - notification
    Business SIC classification: GENERAL MEDICAL AND SURGICAL HOSPITALS
    Organizations: NEWTON WELLESLEY HEALTHCARE SYSTEM (CONTACT/OPERATOR)
  • DONS REPAIR (2322 WASHINGTON ST in NEWTON, MA)
    (Resource Conservation and Recovery Act (tracking hazardous waste))
  • AMERICAN DURAFILM CO INC (2300 WASHINGTON ST in NEWTON, MA)
    (Resource Conservation and Recovery Act (tracking hazardous waste))
    Organizations: HENDRICK JAYNE J (CONTACT/OWNER)
  • ALGONQUIN GAS TRANSMISSION CO (QUINOBEQUIN RD in NEWTON, MA)
    Small Quantity Generators, between 100 kg and 1000 kg of hazardous waste/month (Resource Conservation and Recovery Act (tracking hazardous waste)) - notification
    Organizations: ALGONQUIN GAS TRANSMISSION CO VALVE J10 (CONTACT/OPERATOR) , ALGONQUIN GAS TRANSMISSION COMPANY (CONTACT/OWNER)
    Alternative names: ALGONQUIN GAS TRANSMISSION CO VALVE J10
  • OLD TIME GARAGE LIMITED (1960 WASHINGTON ST in NEWTON, MA)
    Conditionally Exempt Small Quantity Generators, less than 100 kg/month of hazardous waste (Resource Conservation and Recovery Act (tracking hazardous waste)) - notification
    Organizations: WILLIAM HURWITZ (CONTACT/OWNER)

Zip code 02462 marital status for males
Zip code 02462 marital status for females


Housing units lacking complete plumbing facilities: 1%

Housing units lacking complete kitchen facilities: 8%

Most commonly used house heating fuel:
  • Utility gas (44%)
  • Fuel oil, kerosene, etc. (33%)
  • Electricity (22%)
  • Wood (1%)


Place of birth for U.S.-born residents:

  • This state: 844
  • Northeast: 288
  • Midwest: 36
  • South: 82
  • West: 20

66% of the 02462 zip code residents lived in the same house 5 years ago.
   Out of people who lived in different houses, 56% lived in this county.
   Out of people who lived in different counties, 59% lived in Massachusetts.

Year Householders Moved Into Unit:




Private vs. public school enrollment:
Students in private schools in grades 1 to 8 (elementary and middle school): 0
Here:  0.0%
Massachusetts:  10.8%

Students in private schools in grades 9 to 12 (high school): 13
Here:  20.0%
Massachusetts:  12.2%

Students in private undergraduate colleges: 12
Here:  100.0%
Massachusetts:  48.2%


Educational Attainment


School Enrollment by Level of School



Class of Workers



Companies with federal contracts located in this zip code:

  • RADIO SERVICES INC (25 LAFAYETTE RD in NEWTON, MA; small business): $1,080,441 in 15 contracts from 2001 to 2006
    Contracts for Maintenance, Repair and Rebuilding of Equipment -- Communication, Detection, and Coherent Radiation Equipment, Miscellaneous Communication Equipment by Air Force
    Signed by year: 2000: $0; 2001: $508,194; 2002: $524,708; 2003: $23,580; 2004: $17,500; 2005: $-2,676; 2006: $9,135.

    Biggest contracts:
    $285,000 with Air Force for Maintenance, Repair and Rebuilding of Equipment -- Communication, Detection, and Coherent Radiation Equipment. Signed on 2002-10-01. Completion date: 2003-09-30.
    $285,000, same as above. Signed on 2001-10-01. Completion date: 2002-09-30.
    $255,708, same as above. Signed on 2002-10-01. Completion date: 2003-09-30.
    $196,194, same as above. Signed on 2001-10-01. Completion date: 2002-09-30.


Top industries in this zip code by the number of employees in 2005:

  • Administrative and Support and Waste Management and Remediation Services: Facilities Support Services (over 1000 employees: 1 establishment)
  • Health Care and Social Assistance: General Medical and Surgical Hospitals (over 1000: 1)
  • Health Care and Social Assistance: Offices of Physicians (except Mental Health Specialists) (20-49: 7, 10-19: 10, 5-9: 11, 1-4: 26)
  • Accommodation and Food Services: Food Service Contractors (250-499: 1)
  • Real Estate and Rental and Leasing: Residential Property Managers (250-499: 1)
  • Health Care and Social Assistance: Nursing Care Facilities (100-249: 1)
  • Professional, Scientific, and Technical Services: Payroll Services (100-249: 1)
  • Finance and Insurance: Direct Health and Medical Insurance Carriers (50-99: 1, 10-19: 1, 1-4: 1)
  • Construction: Commercial and Institutional Building Construction (50-99: 1, 10-19: 1)
  • Accommodation and Food Services: Hotels (except Casino Hotels) and Motels (50-99: 1, 1-4: 1)

Age and Sex of Sensory-Disabled Residents (Noninstitutionalized)

Age and Sex of Physically-Disabled Residents (Noninstitutionalized)


Age and Sex of Mentally-Disabled Residents (Noninstitutionalized)

Age and Sex of Self-Care Disabled Residents (Noninstitutionalized)


Age and Sex of Go-Outside-Home Disabled Residents (Noninstitutionalized)

Age and Sex of Residents with Employment Disability (Noninst.)




180 people in nursing homes

Fatal accident statistics in 2006
  • Fatal accident count: 1
  • Vehicles involved in fatal accidents: 1
  • Fatal accidents caused by drunken drivers: 0
  • Fatalities: 1
  • Persons involved in fatal accidents: 1
  • Pedestrians involved in fatal accidents: 0
Fatal accident statistics in 2005
  • Fatal accident count: 4
  • Vehicles involved in fatal accidents: 5
  • Fatal accidents caused by drunken drivers: 2
  • Fatalities: 5
  • Persons involved in fatal accidents: 5
  • Pedestrians involved in fatal accidents: 0

Home Mortgage Disclosure Act Aggregated Statistics For Year 2007
(Based on 2 partial tracts)
B) Conventional
Home Purchase Loans
C) Refinancings
D) Home Improvement Loans
F) Non-occupant Loans on
< 5 Family Dwellings (A B C & D)
NumberAverage ValueNumberAverage ValueNumberAverage ValueNumberAverage Value
LOANS ORIGINATED24$394,77031$407,7655$43,6723$378,447
APPLICATIONS APPROVED, NOT ACCEPTED5$404,4684$344,4901$10,7000$0
APPLICATIONS DENIED1$508,8004$239,0551$3,5701$192,670
APPLICATIONS WITHDRAWN3$489,2934$449,3900$01$192,670
FILES CLOSED FOR INCOMPLETENESS0$01$463,8400$00$0
Choose year:  2007 2006 2005 2004 2003 2002 2001 2000 1999

Detailed HMDA statistics for the following Tracts: 3748.00

Private Mortgage Insurance Companies Aggregated Statistics For Year 2007
(Based on 2 partial tracts)
A) Conventional
Home Purchase Loans
NumberAverage Value
LOANS ORIGINATED0$0
APPLICATIONS APPROVED, NOT ACCEPTED1$189,100
APPLICATIONS DENIED0$0
APPLICATIONS WITHDRAWN0$0
FILES CLOSED FOR INCOMPLETENESS0$0
Choose year:  2007 2006 2005 2004 2003 2002 2001 2000 1999

Detailed PMIC statistics for the following Tracts: 3748.00

Conventional Home Purchase Loans

Conventional Home Purchase Loans - Value




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