Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

ZIP Code 03462

Learn about the people, housing, costs and businesses in 03462

Median Home$362,200
Median Rent$1,330/month
Population1,468
Leading IndustriesTransportation · Public Administration · Professional Services5% transportation
Home Value Growth⬆⬆+15.5% over 2 years
Retirees30% of residentswell above average
Homeowners86% of occupied units
NotableHigh Incomes$104k/year · top 16% nationally
NotableHighly Educated25% bachelor's · 15% graduate · top 20% nationally
ZIP Code
03462

Frequently Asked Questions

What are today's mortgage rates in ZIP code 03462?

As of today, the 30-year fixed mortgage rate for ZIP code 03462 is approximately 6.914% (6.951% 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 03462
What is the median home price in ZIP code 03462?

The median home value in ZIP code 03462 is $362k. The median monthly rent is $1,330. 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 03462?

Home values in ZIP code 03462 have increased 15.5% 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 03462?

Based on a typical all-in ownership cost of $1,480/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $63k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in ZIP code 03462 is $104k/year.

Calculate your buying power
What industries drive the economy in ZIP code 03462?

The largest employment sectors in ZIP code 03462 are public administration (33%) and retail (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.