ZIP 02126 - 860Z200US02126 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 02126 for your next home, investment, or business venture, this demographic and housing snapshot offers a clear picture of the area. Located in Massachusetts, ZIP 02126 encompasses a diverse community with unique opportunities and challenges. Using the latest 2023 data, we’ve compiled key metrics on population, income, housing, and racial composition to help homebuyers, real estate investors, small-business owners, and analysts make informed decisions. Let’s dive into the numbers and uncover what makes this area stand out.

Population & Households

ZIP 02126 is home to a population of 25,313 residents, making it a moderately sized community with a vibrant local presence. These individuals are distributed across 8,862 households, reflecting a mix of family structures and living arrangements. With 9,617 total housing units in the area, there’s a slight gap between available units and occupied households, which could indicate some vacancy or opportunities for growth. For those looking to settle or invest here, understanding the population density and household dynamics can help gauge community needs and market demand.

Income & Housing Costs

The median household income in ZIP 02126 stands at $67,206, providing a solid economic foundation for many residents. This income level suggests a community with moderate purchasing power, which is valuable for businesses targeting local consumers. On the housing front, the median home value is $515,000, reflecting a significant investment for potential buyers. Meanwhile, the median rent is $1,659 per month, indicating a rental market that may appeal to those not ready to buy. These figures highlight the financial landscape of ZIP 02126, offering insights into affordability and potential returns for investors.

Race & Ethnicity

The racial and ethnic composition of ZIP 02126 showcases a predominantly Black community, with 72.4% of residents identifying as Black. Hispanic residents make up 16.45% of the population, while White residents account for 3.58%, and Asian residents represent just 0.31%. This diversity shapes the cultural fabric of the area, influencing everything from local businesses to community events. For homebuyers and business owners, this demographic breakdown can inform decisions about community fit, market targeting, and cultural engagement.

Key Facts

• Total population: 25,313 residents in ZIP 02126.
• Total households: 8,862, with diverse family and living arrangements.
• Total housing units: 9,617, suggesting some availability or vacancy.
• Median household income: $67,206, indicating moderate economic stability.
• Median home value: $515,000, a significant investment in the housing market.
• Median rent: $1,659 per month, relevant for renters and investors.
• Racial composition: 72.4% Black, 16.45% Hispanic, 3.58% White, 0.31% Asian.

What This Means for You

For homebuyers, ZIP 02126 offers a chance to join a diverse and established community, though the median home value of $515,000 suggests a substantial upfront investment. Ensure your budget aligns with this price point, and consider the cultural richness as a long-term benefit. For real estate investors and agents, the gap between housing units and households (9,617 vs. 8,862) could signal opportunities for rental properties or renovations, especially with a median rent of $1,659. The income level of $67,206 also supports a tenant base with reasonable financial stability. For small-business owners, the population of over 25,000 and diverse demographic makeup provide a sizable and varied customer base—tailor your offerings to resonate with the predominantly Black and Hispanic community for maximum impact. Finally, analysts can use these metrics to benchmark ZIP 02126 against neighboring areas, focusing on housing trends and economic indicators for deeper market studies.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 02126? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
• Enter any ZIP code to access up-to-date population, housing, and income insights tailored to your needs.
• Use the detailed reports to make data-driven decisions for your home purchase, investment, or business strategy.