ZIP 01880 - 860Z200US01880 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 01880 for your next home, investment, or business venture, this demographic and housing snapshot offers a clear picture of the area in 2023. Located in a vibrant community, this ZIP code encompasses a population of over 27,000 residents and provides a blend of suburban stability and economic opportunity. Whether you’re a homebuyer, real estate investor, small-business owner, or data analyst, understanding the makeup of 01880 can help you make informed decisions. Let’s dive into the key metrics around population, income, housing, and diversity to uncover what makes this area unique.

Population & Households

ZIP code 01880 is home to a population of 27,258 individuals as of 2023. This sizable community is distributed across 11,053 households, indicating a strong residential base. With 11,513 total housing units in the area, there’s a slight surplus of homes relative to households, which could suggest availability for new residents or investors looking to enter the market. The average household size can be inferred as roughly 2.5 people, pointing to a mix of families and smaller living arrangements that cater to diverse lifestyles.

Income & Housing Costs

One of the standout features of ZIP 01880 is its robust economic profile. The median household income stands at an impressive $130,419, reflecting a financially stable community with significant purchasing power. This income level positions the area as attractive for businesses seeking a strong customer base and for homebuyers looking for a prosperous neighborhood. On the housing front, the median home value is $670,100, indicative of a high-demand real estate market. For renters, the median rent is $1,872 per month, which aligns with the area’s elevated property values and suggests a competitive rental market. These figures highlight both the investment potential and the cost of entry for prospective residents.

Race & Ethnicity

The demographic composition of ZIP 01880 offers insight into the cultural fabric of the community. The population is predominantly White, accounting for 87.06% of residents. Asian individuals make up 4.83%, while Hispanic or Latino residents represent 2.45% of the population. Black or African American residents constitute a smaller share at 0.76%. This distribution points to a largely homogeneous community with pockets of diversity, which may influence local culture, business offerings, and community dynamics. For businesses and investors, understanding this makeup can help tailor services or marketing strategies to resonate with the majority demographic while addressing niche needs.

Key Facts

• Total population in ZIP 01880: 27,258 residents in 2023.
• Total households: 11,053, supporting a stable residential community.
• Total housing units: 11,513, with a slight surplus over households.
• Median household income: $130,419, indicating strong economic health.
• Median home value: $670,100, reflecting a premium real estate market.
• Median rent: $1,872 per month, consistent with high property values.
• Racial composition: 87.06% White, 4.83% Asian, 2.45% Hispanic, 0.76% Black.

What This Means for You

For homebuyers, ZIP 01880 presents a financially secure community with high home values, suggesting long-term stability but also a significant upfront investment. The median home price of $670,100 means you’ll need to budget accordingly, though the area’s median income of over $130,000 indicates that many residents can sustain this lifestyle. Real estate investors and agents will find opportunity in the slight surplus of housing units (11,513 vs. 11,053 households), which could translate to available properties or rental potential, especially with a median rent of $1,872. Small-business owners should note the strong household income as a sign of disposable income for goods and services, though the demographic homogeneity (87.06% White) may require targeted offerings to stand out. Analysts can use these metrics to benchmark 01880 against neighboring ZIP codes for deeper market studies.

Run This Study Yourself

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