Interested in purchasing investment houses in the 01606 zip code in Worcester, MA?
The zip code 01606 is in Worcester county with a latitude of -71.795560000000 and longitude of 42.314440000000, is in the state of Massachusetts. The average asking price of houses and condos is $189,833.00 and the average sale price was $166,336.00. this regions is classified as the Boston metro area and consists of the following area codes: 508 and 774. The location in degrees is 42° 18' 51.984" N, 71° 47' 44.016" W. The county F.I.P.S. is 25027. The total land area is 5.9 square miles and the water area is 0.0 square miles. The elevation in this area is 574 - 656 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 01606 is in county number 027 and is L. Sector 00, L. Segment 62, H. Sector 64, and H. Segment 64. The population was 20,113 in 2019 and 19,077 in 2010. Of this, the break down in 2019 was 20,109 urban and 3 rural. This further breaks down to 9,679 males (48.1%) and 10,433 females (51.9%). The median age of residents is 41.7 years. The population of the greater Worcester, MA area is 794,379. The population density (people per square mile) is 3,392. This zip code has a combined total of 8,956 houses and condos. There are 3,144 rented appartments. 38% of residents rent versus the 38% of residents in the state who rent.
The financial status of those living in this area is considered middle class. The average individual gross adjusted income is $52,441 and the average salary is $49,691. The median household income of individuals is $55,576.00 and the average is $61,040.00. This zip code has a mean commute time to work of 26.2 minutes. The unemployment rate is 3.4%. Income earners by percent breakdown as 44.00% (Under $50,000), 36.60% ($50,000-$100,000), and 19.40% earn over $100,000. 9.8% of residents live below poverty line versus the 9.4% in the state that are below this line. The cost of living index is 127.4. The educational breakdown is 93.4% have a high school education or higher, 38.4% have a bachelor's degree or higher, and 16.4% have some kind of profesional degree.
This area has 7,943 households and the average size is 2.4 people. Individuals who are single and have never been married are 37.8%, 39.1% are now married, 2.0% are separated, 6.5% are widowed, and 14.5% are divorced. The average yearly contribution amount given by people to charity was $1,984 versus the state average of $4,208. The percent of residents who gave to charity was 30.4%.
The estimated median value of houses and condos is $254,764. The median monthly owner costs of mortgage holders was $1,751, where as the costs for those who don't have a mortgage are $657. The median number of rooms in houses and condos are 6.0 versus apartments which had a median number of 4.5.
The real estate tax percent rate is 1.6% which equated to an average real estate tax amount payment of $3,962. In comparision, the average real estate tax percent rate in the state is 1.2% which equated to an average real estate tax amount payment in the state of $4,899. The median housing property tax percent for residents with mortgages was 1.6% which amounted to an average tax amount of $4,131. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.5% which amounted to an average tax amount of $3,720. Reported taxable interest for persons was $753, dividends $2,532, capital gains +$2,152, and itemized deductions $18,389. The average earned income tax credit is $1,943. The percent of individuals that use a tax preparer is 54.6%. The total average income taxes paid by individuals was $7,271. Businesses reported an average profit of $11,746.
O'Connor's Restaurant & Bar
1160 W Boylston St, Worcester, MA 01606
Lou Roc's Diner
1074 W Boylston St, Worcester, MA 01606
Ninety-Nine Restaurant and Pub
900 W Boylston St, Worcester, MA 01606
Hong Kong Island Restaurant
880 W Boylston St, Worcester, MA 01606
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