ZIP 01824 - 860Z200US01824 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 01824 for your next home, investment, or business venture, this demographic and housing snapshot offers a clear picture of the area’s makeup and market dynamics. Located in a vibrant part of Massachusetts, ZIP 01824—also identified as 860Z200US01824—boasts a population of over 26,000 and a strong economic profile. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these 2023 metrics provide actionable insights to guide your decisions. Let’s break down the population, income, housing costs, and diversity of this community to help you understand its potential.

Population & Households

ZIP 01824 is home to 26,628 residents, making it a moderately sized community with a mix of families, professionals, and individuals. These residents are distributed across 9,868 households, reflecting a stable residential base. With 10,301 total housing units in the area, there’s a slight surplus of homes compared to occupied households, which could indicate opportunities for buyers or investors looking for available properties. This balance between population and housing suggests a community that’s neither overcrowded nor underutilized, offering a comfortable density for living and working.

Income & Housing Costs

One of the standout features of ZIP 01824 is its robust economic profile, with a median household income of $141,337. This figure points to a relatively affluent area, where residents likely have significant purchasing power—good news for small businesses targeting higher-income customers. On the housing front, the median home value stands at $590,900, reflecting a competitive real estate market that could yield strong returns for investors over time. For renters, the median rent is $2,076 per month, indicating a premium rental market that aligns with the area’s income levels. These metrics suggest that ZIP 01824 is a financially stable community, attractive to those who can afford its higher cost of living.

Race & Ethnicity

The demographic composition of ZIP 01824 offers a glimpse into its cultural diversity. The majority of residents identify as White, accounting for 78.77% of the population. Asian residents make up 9.08%, while Hispanic or Latino individuals represent 5.98% of the community. Black or African American residents comprise 1.61%. This diversity, while not as pronounced as in some urban centers, still contributes to a varied social fabric that can appeal to businesses and families seeking an inclusive environment. For investors and business owners, understanding this mix can help tailor offerings to meet the needs of different cultural groups.

Key Facts

• Total population: 26,628 residents, indicating a mid-sized community.
• Total households: 9,868, showing a strong residential presence.
• Total housing units: 10,301, suggesting some availability for new occupants.
• Median household income: $141,337, reflecting economic strength.
• Median home value: $590,900, pointing to a high-value real estate market.
• Median rent: $2,076, aligning with the area’s affluent profile.
• Racial composition: 78.77% White, 9.08% Asian, 5.98% Hispanic, 1.61% Black.

What This Means for You

For homebuyers, ZIP 01824 offers a prosperous community with a high median income and home values that suggest long-term appreciation potential—though the $590,900 median price tag means you’ll need a solid budget or financing plan. Real estate investors and agents can find value in the slight surplus of housing units (10,301 vs. 9,868 households), which may present opportunities for flipping or renting, especially given the strong rental market at $2,076 median rent. Small-business owners should note the high median income of $141,337, which indicates a customer base with disposable income for premium goods or services; consider targeting family-oriented or professional niches. Analysts can use these demographics to benchmark ZIP 01824 against nearby areas, focusing on income and diversity trends to predict future growth. Across all groups, the area’s stability and economic strength make it a compelling choice for informed decision-making.

Run This Study Yourself

• Curious about diving deeper into ZIP 01824 or comparing it with another area? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
• Enter any ZIP code to access up-to-date population, income, and housing metrics tailored to your needs.
• Use the insights to make smarter decisions for buying, investing, or launching a business in any community.