ZIP 01960 - 860Z200US01960 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 01960 for your next home, investment, or business venture, understanding the area’s demographics and housing landscape is essential. Located in a vibrant part of Massachusetts, this ZIP code offers a diverse community and a robust housing market. This snapshot, based on 2023 data, provides a clear picture of population trends, income levels, housing costs, and racial composition to help you make informed decisions. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights will guide your next steps in ZIP 01960.

Population & Households

ZIP 01960 is home to a substantial population of 53,961 residents, making it a sizable community with a mix of families, professionals, and individuals. This population is distributed across 22,305 households, reflecting a strong residential base. With 23,009 total housing units in the area, there’s a slight surplus of homes compared to households, which could indicate opportunities for buyers or renters looking to settle in this area. The density of households suggests a community with established neighborhoods, likely appealing to those seeking a balance of suburban and urban amenities.

Income & Housing Costs

Financial metrics in ZIP 01960 paint a picture of a relatively affluent area with a median household income of $95,173. This figure suggests that many residents have the purchasing power to support local businesses and maintain a comfortable standard of living. On the housing front, the median house value stands at $566,700, indicating a competitive real estate market where properties hold significant value. For renters, the median rent is $1,902 per month, which aligns with the area’s higher cost of living but may still be attractive compared to nearby urban centers. These numbers highlight ZIP 01960 as a location where both owning and renting come with a premium, reflecting the desirability of the area.

Race & Ethnicity

The demographic makeup of ZIP 01960 is predominantly White, with 76.6% of the population identifying as such. Hispanic or Latino residents make up 12.45%, adding a notable cultural layer to the community. Black or African American residents account for 3.59%, while Asian residents comprise 2.01% of the population. This diversity, while not as pronounced as in some urban areas, offers a blend of perspectives and backgrounds, which can enrich community life and provide opportunities for culturally focused businesses or services. For investors and business owners, this mix may influence marketing strategies or property development plans.

Key Facts

• Total population in ZIP 01960: 53,961 residents.
• Total households: 22,305, indicating a strong residential presence.
• Total housing units: 23,009, suggesting some availability for new occupants.
• Median household income: $95,173, reflecting economic stability.
• Median house value: $566,700, pointing to a high-value real estate market.
• Median rent: $1,902, indicative of a premium rental market.
• Racial composition: 76.6% White, 12.45% Hispanic, 3.59% Black, 2.01% Asian.

What This Means for You

For homebuyers, ZIP 01960 offers a stable, affluent community with high property values, making it a sound long-term investment if you can navigate the competitive market. The median house value of $566,700 suggests that homes here retain value, but you’ll need to budget accordingly. Investors and real estate agents will find potential in the slight surplus of housing units (23,009 vs. 22,305 households), which could mean opportunities for flipping properties or catering to incoming residents. Small-business owners should note the strong median income of $95,173, which indicates a customer base with disposable income—ideal for retail, dining, or service-based ventures. Analysts can use this data to benchmark ZIP 01960 against neighboring areas, identifying trends in population growth or housing demand. Across all groups, the area’s diversity and economic strength make it a compelling location to explore.

Run This Study Yourself

Want to dive deeper into ZIP 01960 or compare it with other areas? Follow these steps to uncover detailed insights tailored to your needs:

• Visit ZipcodeGPT to access a powerful tool for demographic and housing analysis.
• Enter any ZIP code to generate a comprehensive report with the latest data.
• Use the insights to inform your homebuying, investment, or business decisions with confidence.