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ZIP Code 02131

Learn about the people, housing, costs and businesses in 02131

Median Home$658,515
Median Rent$2,069/month
Population31,508
Leading IndustriesPublic Administration · Arts, Food & Hospitality · Healthcare35% public administration
Home Value Growth+8.9% over 2 years
Young Adults35% of residentsabove average nationally
Homeowners59% of occupied units
NotableHigh Incomes$107k/year · top 15% nationally
NotableHighly Educated23% bachelor's · 16% graduate · top 25% nationally
ZIP Code
02131

Frequently Asked Questions

What are today's mortgage rates in ZIP code 02131?

As of today, the 30-year fixed mortgage rate for ZIP code 02131 is approximately 6.809% (6.842% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for ZIP code 02131
What is the median home price in ZIP code 02131?

The median home value in ZIP code 02131 is $659k. The median monthly rent is $2,069. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in ZIP code 02131?

Home values in ZIP code 02131 have increased 8.9% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in ZIP code 02131?

Based on a typical all-in ownership cost of $2,127/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $91k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in ZIP code 02131 is $107k/year.

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What industries drive the economy in ZIP code 02131?

The largest employment sectors in ZIP code 02131 are public administration (35%) and healthcare (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.