Interested in purchasing investment houses in the 01516 zip code in Douglas, MA?
The zip code 01516 is in Worcester county with a latitude of -71.750920000000 and longitude of 42.052840000000, is in the state of Massachusetts. The average asking price of houses and condos is $251,943.00 and the average sale price was $232,609.00. 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° 3' 10.224" N, 71° 45' 3.312" W. The county F.I.P.S. is 25027. The total land area is 36.8 square miles and the water area is 1.6 square miles. The elevation in this area is 407 - 719 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 01516 is in county number 027 and is L. Sector 00, L. Segment 01, H. Sector 50, and H. Segment 50. The population was 8,955 in 2019 and 8,500 in 2010. Of this, the break down in 2019 was 2,924 urban and 6,030 rural. This further breaks down to 4,646 males (51.9%) and 4,308 females (48.1%). The median age of residents is 44.6 years. The population of the greater Worcester, MA area is 794,379. The population density (people per square mile) is 244. This zip code has a combined total of 3,508 houses and condos. There are 628 rented appartments. 19% of residents rent versus the 19% 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 $67,943 and the average salary is $64,224. The median household income of individuals is $78,235.00 and the average is $80,830.00. This zip code has a mean commute time to work of 37.5 minutes. The unemployment rate is 3.1%. Income earners by percent breakdown as 25.70% (Under $50,000), 41.40% ($50,000-$100,000), and 33.00% earn over $100,000. 3.2% of residents live below poverty line versus the 9.4% in the state that are below this line. The cost of living index is 113.3. The educational breakdown is 97.8% have a high school education or higher, 40.7% have a bachelor's degree or higher, and 11.6% have some kind of profesional degree.
This area has 3,012 households and the average size is 2.7 people. Individuals who are single and have never been married are 29.1%, 58.4% are now married, 0.6% are separated, 5.4% are widowed, and 6.5% are divorced. The average yearly contribution amount given by people to charity was $1,763 versus the state average of $4,208. The percent of residents who gave to charity was 39.4%.
The estimated median value of houses and condos is $354,503. The median monthly owner costs of mortgage holders was $2,057, where as the costs for those who don't have a mortgage are $735. The median number of rooms in houses and condos are 6.6 versus apartments which had a median number of 4.7.
The real estate tax percent rate is 1.3% which equated to an average real estate tax amount payment of $4,733. 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 $4,742. 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 $4,728. Reported taxable interest for persons was $455, dividends $1,512, capital gains +$3,785, and itemized deductions $21,238. The average earned income tax credit is $1,873. The percent of individuals that use a tax preparer is 56.0%. The total average income taxes paid by individuals was $9,325. Businesses reported an average profit of $15,370.
Falzone Italian Restaurant
306 Main St, Douglas, MA 01516
Gray Barn
2 Elm St, Douglas, MA 01516
Grille on Main Restaurant & Bar
306 Main St, Douglas, MA 01516
The Picket Fence Restaurant
338 Main St, Douglas, MA 01516
The Picket Fence Restaurant
338 SE Main St, Douglas, MA 01516
Grille on Main Restaurant & Bar
306 SW Main St, Douglas, MA 01516
Foodworks IV
301 NW Main St, Douglas, MA 01516
Hot Wok
319 NW Main St, Douglas, MA 01516
New Hot Wok
319 SW Main St, Douglas, MA 01516
Dew-Be
68 Pond St, Douglas, MA 01516
Picket Fence Restaurant
338 SW Main St, Douglas, MA 01516
Joy They Bring Massage
274 Main St, Douglas, MA 01516
Little Coffee Bean
301 NW Main St, Douglas, MA 01516
The Lobster Nook
32 Main St, Webster, MA 01570 (5 miles away)
Brickstone Kitchen
4 Worcester Providence Tpke, Sutton, MA 01590 (5.1 miles away)
Divine Thai
123 Church St, Whitinsville, MA 01588 (6.2 miles away)
Gia Ristorante Italian
785 Quaker Hwy, Uxbridge, MA 01569 (6.2 miles away)
Thai royal
98 Pascoag Main St, Pascoag, RI 02859 (6.6 miles away)
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