Interested in purchasing investment houses in the 01611 zip code in Cherry Valley, MA?
The zip code 01611 is in Worcester county with a latitude of -71.877260000000 and longitude of 42.238290000000, is in the state of Massachusetts. The average asking price of houses and condos is $179,000.00 and the average sale price was $131,167.00. 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° 14' 17.844" N, 71° 52' 38.136" W. The county F.I.P.S. is 25027. The total land area is 3.4 square miles and the water area is 0.3 square miles. The elevation in this area is 656 - 863 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 01611 is in county number 027 and is L. Sector 02, L. Segment 01, H. Sector 24, and H. Segment 24. The population was 2,301 in 2019 and 2,242 in 2010. Of this, the break down in 2019 was 2,075 urban and 225 rural. This further breaks down to 1,152 males (50.1%) and 1,149 females (49.9%). 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 668. This zip code has a combined total of 930 houses and condos. There are 222 rented appartments. 28% of residents rent versus the 28% 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 $47,989 and the average salary is $45,319. The median household income of individuals is $64,158.00 and the average is $55,070.00. This zip code has a mean commute time to work of 30.0 minutes. The unemployment rate is 2.1%. Income earners by percent breakdown as 34.80% (Under $50,000), 41.70% ($50,000-$100,000), and 23.50% earn over $100,000. 4.8% of residents live below poverty line versus the 9.4% in the state that are below this line. The cost of living index is 125.5. The educational breakdown is 95.0% have a high school education or higher, 28.3% have a bachelor's degree or higher, and 4.1% have some kind of profesional degree.
This area has 845 households and the average size is 2.9 people. Individuals who are single and have never been married are 31.4%, 45.4% are now married, 1.8% are separated, 6.4% are widowed, and 15.1% are divorced. The average yearly contribution amount given by people to charity was $1,753 versus the state average of $4,208. The percent of residents who gave to charity was 27.3%.
The estimated median value of houses and condos is $258,192. The median monthly owner costs of mortgage holders was $1,689, where as the costs for those who don't have a mortgage are $559. The median number of rooms in houses and condos are 6.6 versus apartments which had a median number of 4.3.
The real estate tax percent rate is 1.2% which equated to an average real estate tax amount payment of $3,053. 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 1.2% which amounted to an average tax amount of $3,272. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.1% which amounted to an average tax amount of $2,767. Reported taxable interest for persons was $318, dividends $2,408, and itemized deductions $17,077. The average earned income tax credit is $1,863. The percent of individuals that use a tax preparer is 59.1%. The total average income taxes paid by individuals was $6,403. Businesses reported an average profit of $10,907.
Eller's Restaurant
190 Main St, Cherry Valley, MA 01611
Uncle Jay's Twisted Fork
509 Stafford St, Cherry Valley, MA 01611
Giovanni's Bakery
207 Hope Ave, Worcester, MA 01603 (2 miles away)
Barbers Crossing Road House
861 Main St, Leicester, MA 01524 (2.2 miles away)
Tatnuck Meat Mart
1100 Pleasant St, Worcester, MA 01602 (2.8 miles away)
Outback Steakhouse
452 Southbridge St, Auburn, MA 01501 (2.9 miles away)
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