Interested in purchasing investment houses in the 01609 zip code in Worcester, MA?
The zip code 01609 is in Worcester county with a latitude of -71.828950000000 and longitude of 42.286450000000, is in the state of Massachusetts. The average asking price of houses and condos is $304,272.00 and the average sale price was $244,391.00. 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° 17' 11.22" N, 71° 49' 44.22" W. The county F.I.P.S. is 25027. The total land area is 3.8 square miles and the water area is 0.0 square miles. The elevation in this area is 699 - 725 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 01609 is in county number 027 and is L. Sector 10, L. Segment 00, H. Sector 00, and H. Segment 00. The population was 21,863 in 2019 and 22,421 in 2010. This further breaks down to 11,287 males (51.6%) and 10,575 females (48.4%). The median age of residents is 33.5 years. The population of the greater Worcester, MA area is 794,379. The population density (people per square mile) is 5,723. This zip code has a combined total of 8,834 houses and condos. There are 4,915 rented appartments. 62% of residents rent versus the 62% 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 $75,560 and the average salary is $54,542. The median household income of individuals is $38,843.00 and the average is $94,880.00. This zip code has a mean commute time to work of 24.0 minutes. The unemployment rate is 4.3%. Income earners by percent breakdown as 58.10% (Under $50,000), 22.50% ($50,000-$100,000), and 19.40% earn over $100,000. 20.6% of residents live below poverty line versus the 9.4% in the state that are below this line. The cost of living index is 133.2. The educational breakdown is 85.0% have a high school education or higher, 41.9% have a bachelor's degree or higher, and 19.9% have some kind of profesional degree.
This area has 7,651 households and the average size is 2.2 people. Individuals who are single and have never been married are 53.1%, 30.4% are now married, 1.2% are separated, 7.5% are widowed, and 7.8% are divorced. The average yearly contribution amount given by people to charity was $5,699 versus the state average of $4,208. The percent of residents who gave to charity was 30.2%.
The estimated median value of houses and condos is $359,700. The median monthly owner costs of mortgage holders was $2,237, where as the costs for those who don't have a mortgage are $915. The median number of rooms in houses and condos are 7.1 versus apartments which had a median number of 3.9.
The real estate tax percent rate is 1.4% which equated to an average real estate tax amount payment of $4,934. 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 $4,973. 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 $4,858. Reported taxable interest for persons was $2,621, dividends $12,796, capital gains +$24,747, and itemized deductions $30,832. The average earned income tax credit is $2,169. The percent of individuals that use a tax preparer is 62.3%. The total average income taxes paid by individuals was $13,952. Businesses reported an average profit of $20,700.
The Sole Proprietor
118 Highland St, Worcester, MA 01609
Baba Sushi
309 Park Ave, Worcester, MA 01609
Loft 266
266 Park Ave, Worcester, MA 01609
The Boynton
117 Highland St, Worcester, MA 01609
Tatnuck Meat Mart
1100 Pleasant St, Worcester, MA 01602 (1.1 miles away)