Interested in purchasing investment houses in the 01610 zip code in Worcester, MA?
The zip code 01610 is in Worcester county with a latitude of -71.809660000000 and longitude of 42.246740000000, is in the state of Massachusetts. The average asking price of houses and condos is $168,479.00 and the average sale price was $139,041.00. 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° 14' 48.264" N, 71° 48' 34.776" W. The county F.I.P.S. is 25027. The total land area is 2.1 square miles and the water area is 0.0 square miles. The zip code is on eastern standard time and observes daylight savings time.
The zip 01610 is in county number 027 and is L. Sector 10, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 22,263 in 2019 and 23,945 in 2010. This further breaks down to 10,667 males (47.9%) and 11,596 females (52.1%). The median age of residents is 28.1 years. The population of the greater Worcester, MA area is 794,379. The population density (people per square mile) is 10,472. This zip code has a combined total of 8,599 houses and condos. There are 6,559 rented appartments. 84% of residents rent versus the 84% of residents in the state who rent.
The financial status of those living in this area is considered lower middle class. The average individual gross adjusted income is $27,860 and the average salary is $26,863. The median household income of individuals is $31,409.00 and the average is $32,130.00. This zip code has a mean commute time to work of 21.2 minutes. The unemployment rate is 4.2%. Income earners by percent breakdown as 70.80% (Under $50,000), 23.30% ($50,000-$100,000), and 5.90% earn over $100,000. 26.1% of residents live below poverty line versus the 9.4% in the state that are below this line. The cost of living index is 130.4. The educational breakdown is 73.0% have a high school education or higher, 16.6% have a bachelor's degree or higher, and 4.4% have some kind of profesional degree.
This area has 7,322 households and the average size is 2.2 people. Individuals who are single and have never been married are 61.4%, 19.5% are now married, 2.7% are separated, 5.1% are widowed, and 11.3% are divorced. The average yearly contribution amount given by people to charity was $2,663 versus the state average of $4,208. The percent of residents who gave to charity was 9.6%.
The estimated median value of houses and condos is $201,025. The median monthly owner costs of mortgage holders was $1,576, where as the costs for those who don't have a mortgage are $718. The median number of rooms in houses and condos are 5.9 versus apartments which had a median number of 4.6.
The real estate tax percent rate is 1.8% which equated to an average real estate tax amount payment of $3,546. 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 1.7% which amounted to an average tax amount of $3,266. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.9% which amounted to an average tax amount of $3,948. Reported taxable interest for persons was $395, dividends $1,745, capital gains +$405, and itemized deductions $16,456. The average earned income tax credit is $2,327. The percent of individuals that use a tax preparer is 58.0%. The total average income taxes paid by individuals was $4,723. Businesses reported an average profit of $8,534.
Herbie's
1030 Southbridge St, Worcester, MA 01610
New Chef Ho Restaurant
208 Millbury St, Worcester, MA 01610
Oishi
8 Franklin St, Worcester, MA 01608 (1.1 miles away)
Giovanni's Bakery
207 Hope Ave, Worcester, MA 01603 (1.4 miles away)
Family Table
545 SW Cutoff, Worcester, MA 01607 (1.6 miles away)
Wexford House Restaurant
503 Shrewsbury St, Worcester, MA 01604 (1.9 miles away)