Interested in purchasing investment houses in the 01905 zip code in Lynn, MA?
The zip code 01905 is in Essex county with a latitude of -70.975890000000 and longitude of 42.466140000000, is in the state of Massachusetts. The average asking price of houses and condos is $211,857.00 and the average sale price was $197,500.00. this regions is classified as the Boston metro area and consists of the following area codes: 339 and 781. The location in degrees is 42° 27' 58.104" N, 70° 58' 33.204" W. The county F.I.P.S. is 25009. The total land area is 3.6 square miles and the water area is 0.5 square miles. The elevation in this area is 20 - 135 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 01905 is in county number 009 and is L. Sector 00, L. Segment 01, H. Sector 60, and H. Segment 60. The population was 24,848 in 2019 and 25,251 in 2010. This further breaks down to 12,713 males (51.2%) and 12,133 females (48.8%). The median age of residents is 34.8 years. The population of the greater Boston-Cambridge-Quincy, MA-NH area is 4,568,927. The population density (people per square mile) is 6,981. This zip code has a combined total of 8,739 houses and condos. There are 4,474 rented appartments. 53% of residents rent versus the 53% 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 $37,897 and the average salary is $36,142. The median household income of individuals is $47,875.00 and the average is $44,960.00. This zip code has a mean commute time to work of 30.4 minutes. The unemployment rate is 3.0%. Income earners by percent breakdown as 51.80% (Under $50,000), 33.20% ($50,000-$100,000), and 15.00% earn over $100,000. 15.1% of residents live below poverty line versus the 9.4% in the state that are below this line. The cost of living index is 134.7. The educational breakdown is 76.4% have a high school education or higher, 17.2% have a bachelor's degree or higher, and 3.2% have some kind of profesional degree.
This area has 8,631 households and the average size is 3.0 people. Individuals who are single and have never been married are 40.4%, 42.4% are now married, 2.8% are separated, 4.3% are widowed, and 10.1% are divorced. The average yearly contribution amount given by people to charity was $1,700 versus the state average of $4,208. The percent of residents who gave to charity was 18.6%.
The estimated median value of houses and condos is $325,864. The median monthly owner costs of mortgage holders was $2,104, where as the costs for those who don't have a mortgage are $727. The median number of rooms in houses and condos are 6.0 versus apartments which had a median number of 4.2.
The real estate tax percent rate is 1.4% which equated to an average real estate tax amount payment of $4,449. 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 1.3% which amounted to an average tax amount of $4,368. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.4% which amounted to an average tax amount of $4,601. Reported taxable interest for persons was $490, dividends $1,799, capital gains +$2,064, and itemized deductions $17,575. The average earned income tax credit is $2,323. The percent of individuals that use a tax preparer is 64.0%. The total average income taxes paid by individuals was $6,510. Businesses reported an average profit of $9,271.
Old Tyme Italian Cuisine
612 Boston St, Lynn, MA 01905
O'Briens
829 Boston St, Lynn, MA 01905
Cafe El Molino Restaurant
937 Western Ave, Lynn, MA 01905
Restaurante El Pulgarcito
730 Western Ave, Lynn, MA 01905
Green Tea Chinese Restaurant
751 Lynnway, Lynn, MA 01905
Walnut Street Cafe
157 Walnut St, Lynn, MA 01905
When my husband passed away suddenly, I was left with a home I had to sell fast. The experts from We Buy Homes dealt with me professionally, fairly, and honestly. I didn’t have to list my house and I didn’t have to deal with strangers walking through my home. And I didn’t have to pay a realtor! They handled everything and that provided the peace of mind I needed during such a difficult time. I highly recommend them!
