ZIP 01803 - 860Z200US01803 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 01803, located in Burlington, Massachusetts, this demographic and housing snapshot offers a clear picture of the area based on 2023 data. With a population of over 26,000 and a strong economic profile, this ZIP code presents unique opportunities and challenges for homebuyers, real estate investors, small-business owners, and analysts. Let’s break down the key metrics to help you make informed decisions about living, working, or investing here.

Population & Households

ZIP 01803 is home to a population of 26,068 residents, making it a moderately sized community with a suburban feel. These individuals are distributed across 9,991 households, reflecting a stable residential base. With 10,468 total housing units in the area, there’s a slight surplus of homes compared to households, which could indicate some availability for new residents or investors looking to acquire property. This balance between population and housing suggests a community that’s neither overcrowded nor underutilized, offering a comfortable density for families and businesses alike.

Income & Housing Costs

One of the standout features of ZIP 01803 is its robust economic profile. The median household income stands at an impressive $142,421, pointing to a high-earning community with significant purchasing power. This income level supports a strong housing market, where the median home value is $679,400. For potential homebuyers, this figure reflects a premium market, but one that may offer long-term value given the area’s economic strength. Renters, meanwhile, face a median rent of $2,615 per month, which aligns with the high cost of living but also signals demand for rental properties—a key consideration for investors. These metrics highlight ZIP 01803 as a financially secure area, though affordability could be a barrier for some.

Race & Ethnicity

The demographic makeup of ZIP 01803 offers insight into the community’s cultural diversity. The population is predominantly White at 74.68%, with smaller but notable percentages of Asian (13.58%), Hispanic (4.28%), and Black (2.49%) residents. This composition suggests a primarily homogeneous area with growing diversity, particularly among Asian residents, which could influence local businesses, schools, and community services. For business owners and investors, understanding this mix can help tailor offerings or marketing strategies to resonate with the local population.

Key Facts

• Total population: 26,068 residents, indicating a mid-sized suburban community.
• Total households: 9,991, showing a stable residential base.
• Total housing units: 10,468, suggesting slight availability in the housing market.
• Median household income: $142,421, reflecting a high-earning population.
• Median home value: $679,400, indicative of a premium real estate market.
• Median rent: $2,615, highlighting strong demand for rental properties.
• Racial composition: 74.68% White, 13.58% Asian, 4.28% Hispanic, 2.49% Black.

What This Means for You

For homebuyers, ZIP 01803 offers a high-quality living environment backed by strong incomes and property values. However, the median home price of $679,400 means you’ll need to budget accordingly or explore financing options to enter this market. The slight surplus of housing units could provide some negotiation leverage, but competition may still be stiff given the area’s appeal.

For real estate investors and agents, the high median rent of $2,615 signals a lucrative rental market, especially for those targeting professionals or families drawn to the area’s economic stability. The premium home values also suggest potential for appreciation, though upfront costs are significant.

For small-business owners, the affluent population with a median income of $142,421 represents a customer base with disposable income. Tailoring products or services to this demographic—while considering the cultural diversity, especially the growing Asian community—could position your business for success. However, high rents may impact operating costs, so location and overhead need careful planning.

For analysts, the data points to a stable, high-value area with growth potential in diversity and housing demand. Tracking trends in income and rent could reveal future opportunities or shifts in affordability.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 01803? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
• Enter any ZIP code to access up-to-date metrics on population, income, housing, and more, tailored to your needs.
• Use the insights to make data-driven decisions for your next home purchase, investment, or business venture.