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ZIP Code 02874

Learn about the people, housing, costs and businesses in 02874

Median Home$612,610
Median Rent$1,596/month
Population8,201
Leading IndustriesArts, Food & Hospitality · Healthcare · Public Administration15% arts, food & hospitality
Home Value Growth⬆⬆⬆+23.7% over 2 years
Retirees25% of residentsslightly above average
Homeowners84% of occupied units
NotableHighly Educated34% bachelor's · 20% graduate · top 6% nationally
NotableHigh Incomes$126k/year · top 8% nationally
ZIP Code
02874

Frequently Asked Questions

What are today's mortgage rates in ZIP code 02874?

As of today, the 30-year fixed mortgage rate for ZIP code 02874 is approximately 6.825% (6.859% 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 02874
What is the median home price in ZIP code 02874?

The median home value in ZIP code 02874 is $613k. The median monthly rent is $1,596. Annual property taxes average $6k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in ZIP code 02874?

Home values in ZIP code 02874 have increased 23.7% over the past two years. This indicates a strong appreciation trend. 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 02874?

Based on a typical all-in ownership cost of $2,067/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $89k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in ZIP code 02874 is $126k/year.

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What industries drive the economy in ZIP code 02874?

The largest employment sectors in ZIP code 02874 are public administration (27%) and healthcare (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.