Interested in purchasing investment houses in the 01128 zip code in Springfield, MA?
The zip code 01128 is in Hampden county with a latitude of -72.488140000000 and longitude of 42.094880000000, is in the state of Massachusetts. The average asking price of houses and condos is $146,115.00 and the average sale price was $140,000.00. this regions is classified as the Springfield, MA metro area and is in the 413 area code. The location in degrees is 42° 5' 41.568" N, 72° 29' 17.304" W. The county F.I.P.S. is 25013. The total land area is 1.1 square miles and the water area is 0.0 square miles. The elevation in this area is 249 - 249 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 01128 is in county number 003 and is L. Sector 11, L. Segment 18, H. Sector 18, and H. Segment 18. The population was 2,568 in 2019 and 2,631 in 2010. This further breaks down to 1,343 males (52.3%) and 1,225 females (47.7%). The median age of residents is 50.1 years. The population of the greater Springfield, MA area is 691,379. The population density (people per square mile) is 2,299. This zip code has a combined total of 1,119 houses and condos. There are 39 rented appartments. 4% of residents rent versus the 4% 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 $53,138 and the average salary is $48,294. The median household income of individuals is $64,662.00 and the average is $59,100.00. This zip code has a mean commute time to work of 22.7 minutes. The unemployment rate is 5.1%. Income earners by percent breakdown as 35.70% (Under $50,000), 40.70% ($50,000-$100,000), and 23.60% 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 122.4. The educational breakdown is 92.6% have a high school education or higher, 23.5% have a bachelor's degree or higher, and 9.5% have some kind of profesional degree.
This area has 1,047 households and the average size is 2.3 people. Individuals who are single and have never been married are 31.9%, 49.6% are now married, 1.1% are separated, 8.7% are widowed, and 8.7% are divorced. The average yearly contribution amount given by people to charity was $1,881 versus the state average of $4,208. The percent of residents who gave to charity was 32.9%.
The estimated median value of houses and condos is $204,010. The median monthly owner costs of mortgage holders was $1,611, where as the costs for those who don't have a mortgage are $672. The median number of rooms in houses and condos are 5.6.
The real estate tax percent rate is 1.9% which equated to an average real estate tax amount payment of $3,801. 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 1.9% which amounted to an average tax amount of $3,752. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.7% which amounted to an average tax amount of $3,907. Reported taxable interest for persons was $822, dividends $1,293, capital gains +$520, and itemized deductions $16,794. The average earned income tax credit is $1,920. The percent of individuals that use a tax preparer is 52.7%. The total average income taxes paid by individuals was $7,194. Businesses reported an average profit of $12,260.
Leone's Restaurant
320 Cooley St, Springfield, MA 01128
Texas Roadhouse
12 Mall St, Springfield, MA 01128
Friendly's
430 Cooley St, Springfield, MA 01128
Four Seasons Buffet
1714 Boston Rd, Springfield, MA 01129 (1.9 miles away)
Nathan Bill's Bar & Restaurant
110 Island Pond Rd, Springfield, MA 01118 (2 miles away)
Fazio's Ristorante & Pizzeria
162 Shaker Rd, East Longmeadow, MA 01028 (2.1 miles away)
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