Interested in purchasing investment houses in the 01604 zip code in Worcester, MA?
The zip code 01604 is in Worcester county with a latitude of -71.767730000000 and longitude of 42.251460000000, is in the state of Massachusetts. The average asking price of houses and condos is $182,565.00 and the average sale price was $164,574.00. 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° 15' 5.256" N, 71° 46' 3.828" W. The county F.I.P.S. is 25027. The total land area is 6.4 square miles and the water area is 0.2 square miles. The elevation in this area is 427 - 499 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 01604 is in county number 027 and is L. Sector 10, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 38,607 in 2019 and 34,677 in 2010. This further breaks down to 19,119 males (49.5%) and 19,488 females (50.5%). The median age of residents is 35.1 years. The population of the greater Worcester, MA area is 794,379. The population density (people per square mile) is 5,996. This zip code has a combined total of 16,800 houses and condos. There are 8,283 rented appartments. 55% of residents rent versus the 55% 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 $43,455 and the average salary is $41,437. The median household income of individuals is $47,951.00 and the average is $49,440.00. This zip code has a mean commute time to work of 26.8 minutes. The unemployment rate is 4.8%. Income earners by percent breakdown as 52.00% (Under $50,000), 31.90% ($50,000-$100,000), and 16.10% earn over $100,000. 14.8% of residents live below poverty line versus the 9.4% in the state that are below this line. The cost of living index is 128.4. The educational breakdown is 87.2% have a high school education or higher, 30.8% have a bachelor's degree or higher, and 10.2% have some kind of profesional degree.
This area has 14,293 households and the average size is 2.5 people. Individuals who are single and have never been married are 41.3%, 40.6% are now married, 2.0% are separated, 5.5% are widowed, and 10.6% are divorced. The average yearly contribution amount given by people to charity was $2,281 versus the state average of $4,208. The percent of residents who gave to charity was 20.2%.
The estimated median value of houses and condos is $251,889. The median monthly owner costs of mortgage holders was $1,799, where as the costs for those who don't have a mortgage are $733. The median number of rooms in houses and condos are 5.8 versus apartments which had a median number of 4.6.
The real estate tax percent rate is 1.6% which equated to an average real estate tax amount payment of $4,043. 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 1.6% which amounted to an average tax amount of $3,946. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.6% which amounted to an average tax amount of $4,374. Reported taxable interest for persons was $706, dividends $1,934, capital gains +$3,446, and itemized deductions $17,876. The average earned income tax credit is $2,125. The percent of individuals that use a tax preparer is 56.3%. The total average income taxes paid by individuals was $6,911. Businesses reported an average profit of $10,540.
Wexford House Restaurant
503 Shrewsbury St, Worcester, MA 01604
Coral Seafood Fish Mkt & Restaurant
225 Shrewsbury St Ste A, Worcester, MA 01604
Nuovo
92 Shrewsbury St, Worcester, MA 01604
Piccolo's
157 Shrewsbury St, Worcester, MA 01604
Leo's Ristorante
11 Leo Turo Way, Worcester, MA 01604
Via Italian Table
89 Shrewsbury St, Worcester, MA 01604
Paesano Pizzeria
1121 Grafton St, Worcester, MA 01604
La Scala Ristorante
183 Shrewsbury St Ste 4, Worcester, MA 01604
Chiodas Trattoria
631 Franklin St, Worcester, MA 01604
Dino's Restaurant
13 Lord St, Worcester, MA 01604
Yummy Steakhouse
1121 Grafton St, Worcester, MA 01604
Flying Rhino Cafe
278 Shrewsbury St, Worcester, MA 01604
Funky Murphy's
305 Shrewsbury St, Worcester, MA 01604
Wonder Bar Restaurant
121 Shrewsbury St, Worcester, MA 01604
111 Chop House
111 Shrewsbury St, Worcester, MA 01604
Bocado Tapas Bar
82 Winter St, Worcester, MA 01604
Brew City Grill & Brew House
104 Shrewsbury St, Worcester, MA 01604
Oishi
8 Franklin St, Worcester, MA 01608 (1.4 miles away)