ZIP 02446 - 860Z200US02446 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business venture in ZIP 02446, located in Brookline, Massachusetts, this demographic and housing snapshot offers a clear picture of the area in 2023. With a population of over 31,000 and a robust housing market, this ZIP code presents unique opportunities and challenges for homebuyers, real estate investors, small-business owners, and analysts. Let’s break down the key metrics to help you make informed decisions about living, investing, or operating in this vibrant community.

Population & Households

ZIP 02446 is home to 31,109 residents, making it a moderately sized community with a dense, urban feel. These individuals are distributed across 14,426 households, reflecting a mix of family units, singles, and shared living arrangements. The total number of housing units stands at 15,298, indicating a slight surplus of available homes compared to occupied households. This small gap could suggest opportunities for buyers or renters looking to enter the market, though competition remains a factor given the area’s appeal.

Income & Housing Costs

Financially, ZIP 02446 stands out with a median household income of $127,519, well above the national average. This figure points to a relatively affluent population, which aligns with the area’s high housing costs. The median house value is an impressive $1,172,800, reflecting a premium real estate market that caters to buyers with significant purchasing power. For renters, the median monthly rent is $2,757, which is also notably high and indicative of strong demand for rental properties. These numbers suggest that both owning and renting in this ZIP code require substantial financial resources, but they also hint at stability and potential for long-term investment returns.

Race & Ethnicity

The demographic makeup of ZIP 02446 is diverse, with a composition that reflects a blend of cultural backgrounds. The population is 65.12% White, 19.3% Asian, 2.94% Black, and 5.61% Hispanic. This diversity contributes to a rich community fabric, offering a range of perspectives and cultural influences. For businesses, this mix can translate into varied customer bases and opportunities to cater to different needs. For residents, it means a neighborhood with a broad spectrum of experiences and amenities shaped by its multicultural population.

Key Facts

• Total population: 31,109 residents in 2023.
• Total households: 14,426, supporting a mix of living arrangements.
• Total housing units: 15,298, with a small surplus over occupied homes.
• Median household income: $127,519, indicating strong earning power.
• Median house value: $1,172,800, reflecting a high-end real estate market.
• Median rent: $2,757 per month, pointing to a competitive rental landscape.
• Racial composition: 65.12% White, 19.3% Asian, 2.94% Black, 5.61% Hispanic.

What This Means for You

For homebuyers, ZIP 02446 offers a prestigious address with high property values, but be prepared for a steep entry cost with median homes priced over $1.17 million. The slight surplus of housing units might provide some negotiation room, though competition is likely fierce given the area’s desirability and affluent demographic. Investors and real estate agents can find value in the strong median income and high rents, which suggest a stable tenant pool and potential for solid returns on rental properties or flipped homes. However, the high upfront costs mean careful financial planning is essential. Small-business owners will appreciate the diverse, well-off population, which could support a range of businesses from boutique retail to professional services. The cultural diversity also opens doors for niche markets catering to specific community needs. Finally, analysts can use these metrics to benchmark ZIP 02446 against nearby areas, identifying trends in housing demand or economic growth for deeper market studies.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 02446? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
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