Interested in purchasing investment houses in the 01902 zip code in Lynn, MA?
The zip code 01902 is in Essex county with a latitude of -70.939910000000 and longitude of 42.470850000000, is in the state of Massachusetts. The average asking price of houses and condos is $214,251.00 and the average sale price was $155,280.00. this regions is classified as the Boston metro area and consists of the following area codes: 339 and 781. The location in degrees is 42° 28' 15.06" N, 70° 56' 23.676" W. The county F.I.P.S. is 25009. The total land area is 2.4 square miles and the water area is 0.1 square miles. The elevation in this area is 46 - 59 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 01902 is in county number 009 and is L. Sector 10, L. Segment , H. Sector , and H. Segment . The population was 50,182 in 2019 and 45,139 in 2010. This further breaks down to 25,567 males (50.9%) and 24,614 females (49.1%). The median age of residents is 33.5 years. The population of the greater Boston-Cambridge-Quincy, MA-NH area is 4,568,927. The population density (people per square mile) is 20,883. This zip code has a combined total of 18,156 houses and condos. There are 11,070 rented appartments. 64% of residents rent versus the 64% 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 $35,030 and the average salary is $33,527. The median household income of individuals is $42,295.00 and the average is $42,080.00. This zip code has a mean commute time to work of 36.1 minutes. The unemployment rate is 5.9%. Income earners by percent breakdown as 57.50% (Under $50,000), 28.90% ($50,000-$100,000), and 13.60% earn over $100,000. 17.9% of residents live below poverty line versus the 9.4% in the state that are below this line. The cost of living index is 137.8. The educational breakdown is 72.4% have a high school education or higher, 16.8% have a bachelor's degree or higher, and 5.3% have some kind of profesional degree.
This area has 16,858 households and the average size is 2.9 people. Individuals who are single and have never been married are 44.3%, 36.1% are now married, 3.5% are separated, 5.3% are widowed, and 10.8% are divorced. The average yearly contribution amount given by people to charity was $1,709 versus the state average of $4,208. The percent of residents who gave to charity was 16.5%.
The estimated median value of houses and condos is $329,955. The median monthly owner costs of mortgage holders was $2,076, where as the costs for those who don't have a mortgage are $800. The median number of rooms in houses and condos are 6.1 versus apartments which had a median number of 4.0.
The real estate tax percent rate is 1.3% which equated to an average real estate tax amount payment of $4,132. 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 $4,091. 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 $4,314. Reported taxable interest for persons was $574, dividends $2,022, capital gains +$2,380, and itemized deductions $16,779. The average earned income tax credit is $2,317. The percent of individuals that use a tax preparer is 64.2%. The total average income taxes paid by individuals was $6,052. Businesses reported an average profit of $10,902.
Charlie's Seafood
188 Essex St, Lynn, MA 01902
Durum Pasta Company
437 Eastern Ave, Lynn, MA 01902
Monte's Restaurant
141 Eastern Ave, Lynn, MA 01902
Thai Cafe
114 Broad St, Lynn, MA 01902
Christopher's Cafe
2 Lewis St, Lynn, MA 01902
Porthole Restaurant
98 Lynnway, Lynn, MA 01902
Rincon Macorisano
350 Washington St, Lynn, MA 01902
Beijing
50 Essex St, Lynn, MA 01902
Richmond Pharmacy
499 Eastern Ave, Lynn, MA 01902
Ciao Cafxc3xa9 & Bistro
41 Sutton St, Lynn, MA 01901 (0.6 miles away)
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