02492 Zip Code

Below you will find a comprehensive overview of the statistics and characteristics of the 02492 zip code. These include population demographics, economic characteristics, education data, occupation information, housing characteristics, and more.

Key Information:
StateMassachusetts
CityNeedham
Time ZoneAmerica/New_York
Geo Location42.27612, -71.24374
Population20927
Size24.707 square miles
Median Family Income$222908.00
Median Home Value$961400.00

Population & Demographics

The following information lists the population statistics and breakdown for the 02492 zip code. The total population is 20927, of which, 9844 are male and 11083 are female. With a total area of 24.707 square miles, the population density is 832.6 people per square mile. The median age of the population is 43.4 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
201119901
201219950
201320131
201420163
201520067
201620185
201720128
201820258
201920571
202020679
202120927

Age BracketNumber of PeoplePercentage of Population
Under 5 years old 11375.4%
Age 5-918068.6%
Age 10-1417728.5%
Age 15-1917278.3%
Age 20-2410264.9
Age 25-294102%
Age 30-344232%
Age 35-3913496.4%
Age 40-441375 6.6%
Age 45-4914126.7%
Age 50-5415177.2%
Age 55-5916798%
Age 60-6414737%
Age 65-6910174.9%
Age 70-748734.2%
Age 75-796813.3%
Age 80-845012.4%
Age 85 and over7493.6%


Languages Spoken (of those 5 years of age and older) :
  • Speaks Language other than English: 13.8 %
  • Speaks Spanish: 2 %
  • Speaks Other Indo-European Language: 7 %
  • Speaks Pacific Island Languages: 3.3 %
  • Speak Other Languages: 1.6 %
Marital Status: 
  • Currently Married: 64.9 %
  • Divorced: 6.3 %
  • Separated (not divorced): 0.4 %
  • Never Married: 23.7 %

Income & Economic Characteristics

The median inflation-adjusted family income in the 02492 zip code is $222908. This is 191.82% greater than the national average. This income places 2.2% of the population below the poverty line. The average retirement income for individuals in this zip code (for those that have it) is $52695. 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 $10,000.0087
$10,000.00 – $14,999.0020
$15,000.00 – $24,999.0068
$25,000.00 – $34,999.0070
$35,000.00 – $49,999.00294
$50,000.00 – $74,999.00330
$75,000.00 – $99,999.00377
$100,000.00 – $149,999.00619
$150,000.00 – $199,999,00859
$200,000.00 +3220

YearMedian Family Income ($ USD)
2011165091
2012168317
2013173810
2014171705
2015173631
2016175820
2017178982
2018183846
2019196996
2020215571
2021222908

Income Source# of Households
Wage or Salary5449
Self Employment1465
Social Security2253
Dividends, Interest, or Rental3547
Retirement1649
Other889

Total Insured & Uninsured Individuals: 
  • Families Insure: 20611
  • Families Uninsured: 123
Total Individuals with and w/o retirement income:   
  • Yes retirement income: 1649
  • No retirement income: 5511

Education

In the 02492 zip code, 99.1% of individuals over 25 years old have a high school degree or higher, and 84.1% have a bachelors degree or higher. Additionally, 30% of individuals 3 years and older are in private school, and 70% are in public school. The data below outline the education level breakdown, degree field breakdown, and more.




Occupation and Work Characteristics

In the 02492 zip, there are an estimated 10574 people in the labor force, of which, 9957 are employed, and 617 are unemployed. There are a total of 0 people in the armed forces. The average commute time for this zip code is 31.6 minutes. Of the total people that work, 1826 worked from home and 9785 commuted. The average number of hours worked is 38.2. Below you’ll find additional information on occupation distribution, industry breakdown, commuting characteristics and workplace statistics.

Occupation# of Individual
Management, Business, Science, and Arts7066
Services552
Sales and Office1788
Construction and Maintenance:219
Transportation and Material Moving332





Housing

The median home value for the 02492 zip code is 961400. There is an estimated  7160 number of occupied housing units, the median gross rent in is $2003 per month, and the average monthly housing costs are estimated to be $3052. Below you’ll find additional breakdowns of home values, rents, home build years, and more.

Home Value (USD)Number of Homes
Less than $50,00011
$50,000 – $99,00017
$100,000 – $149,9990
$150,000 – $199,9990
$200,000 – $299,999131
$300,000 – $499,999150
$500,000 – $999,9993278
$1,000,000+2883

Home Year BuiltNumber of Homes
2020 or Later51
2010 – 2019510
2000 – 2009408
1980 – 1999971
1960 – 19791391
1940 – 19592154
1939 or earlier1675

The median number of rooms in all housing units is 8.1 rooms.
Monthly Rent ($ USD)Number of Units
Less than $500117
$500 – $99966
$1,000 – $1,49947
$1,500 – $1,99952
$2,000 – $2,49985
$2,499 – $2,99943
$3,000 + 155

Monthly Housing Costs ($)Number of Households
Less than 300210
300-49938
500-799138
800-999226
1000-14991041
1500-1999840
2000-2499429
2500-2999553
3000+3560

Monthly Housing Cost as a % of Monthly IncomeNumber of Households
Less than 20%2074
20%-24.9%514
25%-29.9%415
30%-34.9%326
35+%862



# of VehiclesHouseholds
None320
11494
24013
3+1333
Home Heating Characteristics: 
  • Utility Gas: 47.4 %
  • Bottle Tank or LP Gas: 2.2 %
  • Electricity: 9.1 %
  • Oil or Kerosene etc: 40.3 %
  • Coal or Coke: 0 %
  • All Other: 0.6 %

Related Zip Codes


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