01062 Zip Code

Below you will find a comprehensive overview of the statistics and characteristics of the 01062 zip code. These include population demographics, economic characteristics, education data, occupation information, housing characteristics, and more.

Key Information:
StateMassachusetts
CityFlorence
Time ZoneAmerica/New_York
Geo Location42.32188, -72.69278
Population9835
Size47.024 square miles
Median Family Income$106320.00
Median Home Value$326100.00

Population & Demographics

The following information lists the population statistics and breakdown for the 01062 zip code. The total population is 9835, of which, 4669 are male and 5166 are female. With a total area of 47.024 square miles, the population density is 220.4 people per square mile. The median age of the population is 49.2 years old. Below you’ll find additional information on the population and demographics of this zip code, including age distribution, race distribution, language spoken, and more.

YearPopulation
201111027
201210980
201311007
201410830
201511029
201610867
201710587
201810495
201910364
20209693
20219835

Age BracketNumber of PeoplePercentage of Population
Under 5 years old 3863.9%
Age 5-95906%
Age 10-144864.9%
Age 15-195585.7%
Age 20-243383.4
Age 25-293443.5%
Age 30-344014.1%
Age 35-397127.2%
Age 40-44724 7.4%
Age 45-494424.5%
Age 50-548048.2%
Age 55-597037.1%
Age 60-64102210.4%
Age 65-69106010.8%
Age 70-746446.5%
Age 75-792993%
Age 80-841181.2%
Age 85 and over2042.1%


Languages Spoken (of those 5 years of age and older) :
  • Speaks Language other than English: 11.5 %
  • Speaks Spanish: 7 %
  • Speaks Other Indo-European Language: 4 %
  • Speaks Pacific Island Languages: 0.3 %
  • Speak Other Languages: 0.1 %
Marital Status: 
  • Currently Married: 48.7 %
  • Divorced: 13 %
  • Separated (not divorced): 0.5 %
  • Never Married: 31.7 %

Income & Economic Characteristics

The median inflation-adjusted family income in the 01062 zip code is $106320. This is 21.60% greater than the national average. This income places 10.7% of the population below the poverty line. The average retirement income for individuals in this zip code (for those that have it) is $34233. Below you can find additional economic characteristics, including income bracket distribution, median income over time, retirement statistics, and more.

Annual Income Bracket ($)Number of Families in Bracket
Less than $10,000.0055
$10,000.00 – $14,999.000
$15,000.00 – $24,999.00113
$25,000.00 – $34,999.00188
$35,000.00 – $49,999.00228
$50,000.00 – $74,999.00190
$75,000.00 – $99,999.00311
$100,000.00 – $149,999.00785
$150,000.00 – $199,999,00278
$200,000.00 +381

YearMedian Family Income ($ USD)
201179613
201281500
201387648
201490345
201591331
201696554
201796335
201894623
201996455
2020100175
2021106320

Income Source# of Households
Wage or Salary2869
Self Employment910
Social Security1657
Dividends, Interest, or Rental1177
Retirement1058
Other610

Total Insured & Uninsured Individuals: 
  • Families Insure: 9331
  • Families Uninsured: 166
Total Individuals with and w/o retirement income:   
  • Yes retirement income: 1058
  • No retirement income: 3104

Education

In the 01062 zip code, 93.6% of individuals over 25 years old have a high school degree or higher, and 52.9% have a bachelors degree or higher. Additionally, 21.4% of individuals 3 years and older are in private school, and 78.6% are in public school. The data below outline the education level breakdown, degree field breakdown, and more.




Occupation and Work Characteristics

In the 01062 zip, there are an estimated 5014 people in the labor force, of which, 4835 are employed, and 179 are unemployed. There are a total of 0 people in the armed forces. The average commute time for this zip code is 21.6 minutes. Of the total people that work, 753 worked from home and 4816 commuted. The average number of hours worked is 36.4. Below you’ll find additional information on occupation distribution, industry breakdown, commuting characteristics and workplace statistics.

Occupation# of Individual
Management, Business, Science, and Arts2538
Services776
Sales and Office908
Construction and Maintenance:283
Transportation and Material Moving330





Housing

The median home value for the 01062 zip code is 326100. There is an estimated  4162 number of occupied housing units, the median gross rent in is $1038 per month, and the average monthly housing costs are estimated to be $1275. Below you’ll find additional breakdowns of home values, rents, home build years, and more.

Home Value (USD)Number of Homes
Less than $50,00053
$50,000 – $99,00010
$100,000 – $149,99955
$150,000 – $199,999232
$200,000 – $299,9991019
$300,000 – $499,9991195
$500,000 – $999,999516
$1,000,000+41

Home Year BuiltNumber of Homes
2020 or Later0
2010 – 201959
2000 – 2009256
1980 – 1999720
1960 – 1979983
1940 – 1959802
1939 or earlier1342

The median number of rooms in all housing units is 5.8 rooms.
Monthly Rent ($ USD)Number of Units
Less than $500320
$500 – $999136
$1,000 – $1,499443
$1,500 – $1,999106
$2,000 – $2,49913
$2,499 – $2,9990
$3,000 + 0

Monthly Housing Costs ($)Number of Households
Less than 300169
300-499270
500-799632
800-999367
1000-1499953
1500-1999840
2000-2499528
2500-2999144
3000+236

Monthly Housing Cost as a % of Monthly IncomeNumber of Households
Less than 20%877
20%-24.9%383
25%-29.9%179
30%-34.9%138
35+%410



# of VehiclesHouseholds
None273
11355
21743
3+791
Home Heating Characteristics: 
  • Utility Gas: 53.8 %
  • Bottle Tank or LP Gas: 5.1 %
  • Electricity: 14.7 %
  • Oil or Kerosene etc: 19.7 %
  • Coal or Coke: 0.3 %
  • All Other: 6.2 %

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All information sourced from official government sources including Census.gov, the IRS, and the Department of Education.