02481 Zip Code

Below you will find a comprehensive overview of the statistics and characteristics of the 02481 zip code. These include population demographics, economic characteristics, education data, occupation information, housing characteristics, and more.

Key Information:
StateMassachusetts
CityWellesley Hills
Time ZoneAmerica/New_York
Geo Location42.31293, -71.27431
Population16997
Size14.61 square miles
Median Family Income$250,000+.00
Median Home Value$1368100.00

Population & Demographics

The following information lists the population statistics and breakdown for the 02481 zip code. The total population is 16997, of which, 6892 are male and 10105 are female. With a total area of 14.61 square miles, the population density is 1104.7 people per square mile. The median age of the population is 33.2 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
201116021
201216332
201316215
201416320
201516342
201616328
201716309
201816447
201916140
202016121
202116997

Age BracketNumber of PeoplePercentage of Population
Under 5 years old 8525%
Age 5-910356.1%
Age 10-14182510.7%
Age 15-19269115.8%
Age 20-24177910.5
Age 25-291941.1%
Age 30-342891.7%
Age 35-395973.5%
Age 40-44924 5.4%
Age 45-4916209.5%
Age 50-5411276.6%
Age 55-599385.5%
Age 60-649485.6%
Age 65-696293.7%
Age 70-744922.9%
Age 75-794202.5%
Age 80-842681.6%
Age 85 and over3692.2%


Languages Spoken (of those 5 years of age and older) :
  • Speaks Language other than English: 17.4 %
  • Speaks Spanish: 2.1 %
  • Speaks Other Indo-European Language: 5.8 %
  • Speaks Pacific Island Languages: 8.5 %
  • Speak Other Languages: 0.9 %
Marital Status: 
  • Currently Married: 54.4 %
  • Divorced: 3.7 %
  • Separated (not divorced): 0.6 %
  • Never Married: 38 %

Income & Economic Characteristics

The median inflation-adjusted family income in the 02481 zip code is $250,000+. This is 260.10% greater than the national average. This income places 5% of the population below the poverty line. The average retirement income for individuals in this zip code (for those that have it) is $49521. 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 $10,000.0080
$10,000.00 – $14,999.0021
$15,000.00 – $24,999.0071
$25,000.00 – $34,999.0036
$35,000.00 – $49,999.0062
$50,000.00 – $74,999.00181
$75,000.00 – $99,999.00153
$100,000.00 – $149,999.00422
$150,000.00 – $199,999,00251
$200,000.00 +2695

YearMedian Family Income ($ USD)
2011208194
2012215567
2013220786
2014203625
2015202386
2016215291
2017226250
2018234395
2019250,000+
2020250,000+
2021250,000+

Income Source# of Households
Wage or Salary3677
Self Employment772
Social Security1275
Dividends, Interest, or Rental2665
Retirement831
Other441

Total Insured & Uninsured Individuals: 
  • Families Insure: 16598
  • Families Uninsured: 326
Total Individuals with and w/o retirement income:   
  • Yes retirement income: 831
  • No retirement income: 3912

Education

In the 02481 zip code, 98.2% of individuals over 25 years old have a high school degree or higher, and 88.7% have a bachelors degree or higher. Additionally, 54.2% of individuals 3 years and older are in private school, and 45.8% are in public school. The data below outline the education level breakdown, degree field breakdown, and more.




Occupation and Work Characteristics

In the 02481 zip, there are an estimated 7358 people in the labor force, of which, 6985 are employed, and 373 are unemployed. There are a total of 0 people in the armed forces. The average commute time for this zip code is 28.5 minutes. Of the total people that work, 1745 worked from home and 6909 commuted. The average number of hours worked is 35.2. Below you’ll find additional information on occupation distribution, industry breakdown, commuting characteristics and workplace statistics.

Occupation# of Individual
Management, Business, Science, and Arts4885
Services456
Sales and Office1375
Construction and Maintenance:111
Transportation and Material Moving158





Housing

The median home value for the 02481 zip code is 1368100. There is an estimated  4743 number of occupied housing units, the median gross rent in is $2213 per month, and the average monthly housing costs are estimated to be $3373. Below you’ll find additional breakdowns of home values, rents, home build years, and more.

Home Value (USD)Number of Homes
Less than $50,00039
$50,000 – $99,0000
$100,000 – $149,9997
$150,000 – $199,9990
$200,000 – $299,99912
$300,000 – $499,99977
$500,000 – $999,999949
$1,000,000+3070

Home Year BuiltNumber of Homes
2020 or Later0
2010 – 2019402
2000 – 2009302
1980 – 1999376
1960 – 1979606
1940 – 19591416
1939 or earlier1641

The median number of rooms in all housing units is 9.0+ rooms.
Monthly Rent ($ USD)Number of Units
Less than $50098
$500 – $9993
$1,000 – $1,49946
$1,500 – $1,99988
$2,000 – $2,499115
$2,499 – $2,99936
$3,000 + 182

Monthly Housing Costs ($)Number of Households
Less than 30086
300-49949
500-79970
800-99969
1000-1499473
1500-1999477
2000-2499436
2500-2999473
3000+2589

Monthly Housing Cost as a % of Monthly IncomeNumber of Households
Less than 20%1427
20%-24.9%387
25%-29.9%205
30%-34.9%176
35+%504



# of VehiclesHouseholds
None213
1921
22571
3+1038
Home Heating Characteristics: 
  • Utility Gas: 76.1 %
  • Bottle Tank or LP Gas: 1.6 %
  • Electricity: 8.8 %
  • Oil or Kerosene etc: 12.8 %
  • Coal or Coke: 0.2 %
  • All Other: 0.2 %

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