Interested in purchasing investment houses in the 01929 zip code in Essex, MA?
The zip code 01929 is in Essex county with a latitude of -70.776890000000 and longitude of 42.634740000000, is in the state of Massachusetts. The average asking price of houses and condos is $662,909.00 and the average sale price was $526,423.00. this regions is classified as the Boston metro area and consists of the following area codes: 351 and 978. The location in degrees is 42° 38' 5.064" N, 70° 46' 36.804" W. The county F.I.P.S. is 25009. The total land area is 14.0 square miles and the water area is 2.0 square miles. The elevation in this area is 16 - 62 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 01929 is in county number 009 and is L. Sector 00, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 3,785 in 2019 and 3,504 in 2010. Of this, the break down in 2019 was 2,151 urban and 1,633 rural. This further breaks down to 1,853 males (49.0%) and 1,932 females (51.0%). The median age of residents is 46.6 years. The population of the greater Boston-Cambridge-Quincy, MA-NH area is 4,568,927. The population density (people per square mile) is 271. This zip code has a combined total of 1,758 houses and condos. There are 263 rented appartments. 18% of residents rent versus the 18% 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 $104,027 and the average salary is $80,621. The median household income of individuals is $79,693.00 and the average is $153,010.00. This zip code has a mean commute time to work of 32.1 minutes. The unemployment rate is 2.5%. Income earners by percent breakdown as 29.40% (Under $50,000), 34.30% ($50,000-$100,000), and 36.30% earn over $100,000. 6.0% of residents live below poverty line versus the 9.4% in the state that are below this line. The cost of living index is 135.8. The educational breakdown is 99.5% have a high school education or higher, 60.1% have a bachelor's degree or higher, and 26.5% have some kind of profesional degree.
This area has 1,402 households and the average size is 2.6 people. Individuals who are single and have never been married are 24.8%, 57.8% are now married, 1.2% are separated, 4.5% are widowed, and 11.7% are divorced. The average yearly contribution amount given by people to charity was $4,417 versus the state average of $4,208. The percent of residents who gave to charity was 42.6%.
The estimated median value of houses and condos is $635,362. The median monthly owner costs of mortgage holders was $3,252, where as the costs for those who don't have a mortgage are $1,305. The median number of rooms in houses and condos are 7.3 versus apartments which had a median number of 4.0.
The real estate tax percent rate is 1.4% which equated to an average real estate tax amount payment of $8,795. 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 1.4% which amounted to an average tax amount of $8,476. 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 $9,434. Reported taxable interest for persons was $1,549, dividends $10,536, capital gains +$23,034, and itemized deductions $34,157. The average earned income tax credit is $1,491. The percent of individuals that use a tax preparer is 62.5%. The total average income taxes paid by individuals was $17,106. Businesses reported an average profit of $22,584.
Village Restaurant
55 Main St, Essex, MA 01929
Shea's Riverside Restaurant & Bar
122 Main St, Essex, MA 01929
Essex Seafood
143 Eastern Ave, Essex, MA 01929
Farm Bar & Grille
233 Western Ave, Essex, MA 01929
Periwinkles
74 Main St, Essex, MA 01929
Windward Grille Restaurant
109 Eastern Ave, Essex, MA 01929
Blue Marlin Grill
65 Eastern Ave, Essex, MA 01929
Ck Pearl
112 Main St, Essex, MA 01929
The Mill
121 Eastern Ave, Essex, MA 01929
Riversbend
35 Dodge St, Essex, MA 01929
Fortune Palace II
99 Main St, Essex, MA 01929
Nicholas Seafood and Grille
40 Beach St Ste D, Manchester, MA 01944 (3.5 miles away)