Below you will find a comprehensive overview of the statistics and characteristics of the 01240 zip code. These include population demographics, economic characteristics, education data, occupation information, housing characteristics, and more.
The following information lists the population statistics and breakdown for the 01240 zip code. The total population is 4926, of which, 2493 are male and 2433 are female. With a total area of 55.386 square miles, the population density is 80.4 people per square mile. The median age of the population is 56.8 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.
Year
Population
2011
4418
2012
4442
2013
4818
2014
4823
2015
4603
2016
4592
2017
4493
2018
4441
2019
4453
2020
4666
2021
4926
Age Bracket
Number of People
Percentage of Population
Under 5 years oldÂ
49
1%
Age 5-9
167
3.4%
Age 10-14
53
1.1%
Age 15-19
456
9.3%
Age 20-24
312
6.3
Age 25-29
292
5.9%
Age 30-34
67
1.4%
Age 35-39
353
7.2%
Age 40-44
105Â
2.1%
Age 45-49
239
4.9%
Age 50-54
237
4.8%
Age 55-59
357
7.2%
Age 60-64
394
8%
Age 65-69
548
11.1%
Age 70-74
329
6.7%
Age 75-79
287
5.8%
Age 80-84
293
5.9%
Age 85 and over
388
7.9%
Languages Spoken (of those 5 years of age and older) :
Speaks Language other than English: 10.8 %
Speaks Spanish: 4.2 %
Speaks Other Indo-European Language: 6.5 %
Speaks Pacific Island Languages: 0 %
Speak Other Languages: 0 %
Marital Status:Â
Currently Married: 37.9 %
Divorced: 13.4 %
Separated (not divorced): 3.7 %
Never Married: 34.5 %
Income & Economic Characteristics
The median inflation-adjusted family income in the 01240 zip code is $100439. This is 15.03% greater than the national average. This income places 6.1% of the population below the poverty line. The average retirement income for individuals in this zip code (for those that have it) is $32011. Below you can find additional economic characteristics, including income bracket distribution, median income over time, retirement statistics, and more.
Annual Income Bracket ($)
Number of Families in Bracket
Less than $10,000.00
30
$10,000.00 – $14,999.00
0
$15,000.00 – $24,999.00
47
$25,000.00 – $34,999.00
48
$35,000.00 – $49,999.00
53
$50,000.00 – $74,999.00
243
$75,000.00 – $99,999.00
163
$100,000.00 – $149,999.00
232
$150,000.00 – $199,999,00
129
$200,000.00 +
236
Year
Median Family Income ($ USD)
2011
71855
2012
72629
2013
76042
2014
89688
2015
98750
2016
106929
2017
118294
2018
109083
2019
113750
2020
99531
2021
100439
Income Source
# of Households
Wage or Salary
1166
Self Employment
280
Social Security
1293
Dividends, Interest, or Rental
1006
Retirement
767
Other
163
Total Insured & Uninsured Individuals:Â
Families Insure: 4493
Families Uninsured: 144
Total Individuals with and w/o retirement income:Â
Yes retirement income: 767
No retirement income: 1391
Education
In the 01240 zip code, 96.2% of individuals over 25 years old have a high school degree or higher, and 48.9% have a bachelors degree or higher. Additionally, 37.1% of individuals 3 years and older are in private school, and 62.9% are in public school. The data below outline the education level breakdown, degree field breakdown, and more.
Occupation and Work Characteristics
In the 01240 zip, there are an estimated 2286 people in the labor force, of which, 2074 are employed, and 212 are unemployed. There are a total of 0 people in the armed forces. The average commute time for this zip code is 17.5 minutes. Of the total people that work, 356 worked from home and 1926 commuted. The average number of hours worked is 34.9. Below you’ll find additional information on occupation distribution, industry breakdown, commuting characteristics and workplace statistics.
Occupation
# of Individual
Management, Business, Science, and Arts
766
Services
462
Sales and Office
443
Construction and Maintenance:
195
Transportation and Material Moving
208
Housing
The median home value for the 01240 zip code is 349000. There is an estimated 2158 number of occupied housing units, the median gross rent in is $1047 per month, and the average monthly housing costs are estimated to be $1151. Below you’ll find additional breakdowns of home values, rents, home build years, and more.
Home Value (USD)
Number of Homes
Less than $50,000
0
$50,000 – $99,000
32
$100,000 – $149,999
90
$150,000 – $199,999
131
$200,000 – $299,999
198
$300,000 – $499,999
640
$500,000 – $999,999
131
$1,000,000+
115
Home Year Built
Number of Homes
2020 or Later
0
2010 – 2019
81
2000 – 2009
60
1980 – 1999
265
1960 – 1979
703
1940 – 1959
308
1939 or earlier
741
The median number of rooms in all housing units is 6 rooms.
