Interested in purchasing investment houses in the 01951 zip code in Newbury, MA?
The zip code 01951 is in Essex county with a latitude of -70.849770000000 and longitude of 42.778030000000, is in the state of Massachusetts. The average asking price of houses and condos is $564,515.00 and the average sale price was $353,750.00. this regions is classified as the Boston metro area and consists of the following area codes: 351 and 978. The location in degrees is 42° 46' 40.908" N, 70° 50' 59.172" W. The county F.I.P.S. is 25009. The total land area is 13.8 square miles and the water area is 2.6 square miles. The elevation in this area is 3 - 39 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 01951 is in county number 009 and is L. Sector 10, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 3,184 in 2019 and 3,558 in 2010. Of this, the break down in 2019 was 1,389 urban and 1,794 rural. This further breaks down to 1,366 males (42.9%) and 1,818 females (57.1%). The median age of residents is 53.3 years. The population of the greater Boston-Cambridge-Quincy, MA-NH area is 4,568,927. The population density (people per square mile) is 231. This zip code has a combined total of 1,744 houses and condos. There are 225 rented appartments. 16% of residents rent versus the 16% 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 $110,625 and the average salary is $88,925. The median household income of individuals is $89,107.00 and the average is $185,890.00. This zip code has a mean commute time to work of 29.7 minutes. The unemployment rate is 4.3%. Income earners by percent breakdown as 29.60% (Under $50,000), 25.60% ($50,000-$100,000), and 44.80% earn over $100,000. 6.1% of residents live below poverty line versus the 9.4% in the state that are below this line. The cost of living index is 135.9. The educational breakdown is 99.0% have a high school education or higher, 57.2% have a bachelor's degree or higher, and 16.7% have some kind of profesional degree.
This area has 1,518 households and the average size is 2.3 people. Individuals who are single and have never been married are 23.6%, 60.1% are now married, 0.0% are separated, 3.7% are widowed, and 12.6% are divorced. The average yearly contribution amount given by people to charity was $3,070 versus the state average of $4,208. The percent of residents who gave to charity was 44.7%.
The estimated median value of houses and condos is $577,863. The median monthly owner costs of mortgage holders was $2,601, where as the costs for those who don't have a mortgage are $744. The median number of rooms in houses and condos are 6.7 versus apartments which had a median number of 3.1.
The real estate tax percent rate is 1.0% which equated to an average real estate tax amount payment of $5,608. 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 1.0% which amounted to an average tax amount of $5,821. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.9% which amounted to an average tax amount of $5,207. Reported taxable interest for persons was $1,842, dividends $6,810, capital gains +$23,040, and itemized deductions $32,723. The average earned income tax credit is $1,230. The percent of individuals that use a tax preparer is 63.3%. The total average income taxes paid by individuals was $13,850. Businesses reported an average profit of $23,302.
Plum Island Beachcoma
23 Plum Island Blvd, Newbury, MA 01951
Ould Newbury Pub
319 Newburyport Tpke, Newbury, MA 01951
Georgie Porgie's Ice Cream
2 Northern Blvd, Newbury, MA 01951
Mad Martha's Cafe
51 Northern Blvd, Newbury, MA 01951
Plum Island Provisions
29 Plum Island Blvd, Newbury, MA 01951
Roots to Wings Yoga Studio
76 Newburyport Tpke, Newbury, MA 01951
Mission Oak Grill
26 Green St, Newbury, MA 01951
Metro Rock
40 Parker St, Newbury, MA 01951
Plum Crazy
134 Northern Blvd, Newbury, MA 01951
Plum Island Kitchen
134 Northern Blvd, Newbury, MA 01951
Plum Island Grille
2 Plum Island Blvd, Newbury, MA 01951
Black Cow
40 Merrimac St, Newburyport, MA 01950 (2.8 miles away)