ZIP 01867 - 860Z200US01867 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 01867 for your next home, investment property, or business location, this demographic and housing snapshot offers a clear, data-driven look at the area. Located in a vibrant community, ZIP 01867 boasts a population of over 25,000 and a strong economic profile. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, understanding the population dynamics, income levels, and housing costs here can help you make informed decisions. Let’s dive into the 2023 data to uncover what makes this area unique.

Population & Households

ZIP 01867 is home to 25,474 residents, making it a moderately sized community with a stable population base. These individuals are distributed across 9,587 households, reflecting a mix of family and individual living arrangements. With 9,895 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 enter the market. This balance suggests a community that’s neither overcrowded nor underutilized, offering potential for growth and stability.

Income & Housing Costs

One of the standout features of ZIP 01867 is its robust economic profile. The median household income stands at an impressive $163,407, indicating a high-earning community with significant purchasing power. This income level supports a strong housing market, where the median home value is $741,100. For renters, the median rent is $1,722 per month, which aligns with the area’s higher cost of living but remains accessible for those earning above-average incomes. These figures position ZIP 01867 as a premium location, ideal for those seeking upscale living or investment opportunities with strong appreciation potential.

Race & Ethnicity

The demographic makeup of ZIP 01867 is predominantly White, with 85.92% of the population identifying as such. The Asian community accounts for 6.22%, while Hispanic or Latino residents make up 4.6%. Black or African American residents represent a smaller share at 0.29%. This composition reflects a relatively homogenous community with pockets of diversity, which may influence cultural amenities, local businesses, and community dynamics. For businesses or investors, understanding this breakdown can help tailor offerings or marketing strategies to the area’s primary demographic groups.

Key Facts

• Total population: 25,474 residents, offering a sizable community for engagement or customer base.
• Total households: 9,587, indicating a strong residential foundation.
• Total housing units: 9,895, suggesting slight availability for new occupants or investors.
• Median household income: $163,407, reflecting a high-earning population.
• Median home value: $741,100, positioning the area as a premium real estate market.
• Median rent: $1,722, aligning with the area’s elevated cost of living.
• Racial composition: 85.92% White, 6.22% Asian, 4.6% Hispanic, 0.29% Black.

What This Means for You

For homebuyers, ZIP 01867 offers a high-quality living environment backed by a median household income of over $163,000 and home values averaging $741,100. This suggests a stable, affluent community where property investments are likely to hold or grow in value over time. However, be prepared for a competitive market given the premium pricing.

For investors and real estate agents, the slight surplus of housing units (9,895 vs. 9,587 households) hints at opportunities for rentals or flips, especially with a median rent of $1,722 that could attract high-income tenants. The strong income levels also suggest potential for luxury or upscale property developments.

For small-business owners, the affluent demographic and sizable population of 25,474 provide a promising customer base with disposable income. Tailoring products or services to a predominantly White, high-earning clientele, while considering the needs of smaller Asian and Hispanic communities, could maximize market reach.

For analysts, the data points to a stable, economically strong area with limited diversity but significant financial capacity. This could inform broader market studies or targeted investment strategies.

Run This Study Yourself

• Visit ZipcodeGPT to access a powerful tool for demographic and housing analysis.
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• Use the insights to make data-driven decisions for buying, investing, or starting a business in any area.