Interested in purchasing investment houses in the 01985 zip code in West Newbury, MA?
The zip code 01985 is in Essex county with a latitude of -70.969070000000 and longitude of 42.793910000000, is in the state of Massachusetts. The average asking price of houses and condos is $598,030.00 and the average sale price was $438,436.00. 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° 47' 38.076" N, 70° 58' 8.652" W. The county F.I.P.S. is 25009. The total land area is 13.5 square miles and the water area is 1.3 square miles. The elevation in this area is 46 - 92 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 01985 is in county number 009 and is L. Sector 00, L. Segment 01, H. Sector 06, and H. Segment 06. The population was 4,681 in 2019 and 4,235 in 2010. Of this, the break down in 2019 was 2,052 urban and 2,628 rural. This further breaks down to 2,436 males (52.0%) and 2,244 females (48.0%). The median age of residents is 50.2 years. The population of the greater Boston-Cambridge-Quincy, MA-NH area is 4,568,927. The population density (people per square mile) is 348. This zip code has a combined total of 1,817 houses and condos. There are 138 rented appartments. 8% of residents rent versus the 8% 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 $125,948 and the average salary is $103,253. The median household income of individuals is $128,051.00 and the average is $154,960.00. This zip code has a mean commute time to work of 32.5 minutes. The unemployment rate is 5.5%. Income earners by percent breakdown as 14.60% (Under $50,000), 21.50% ($50,000-$100,000), and 64.00% earn over $100,000. 4.0% of residents live below poverty line versus the 9.4% in the state that are below this line. The cost of living index is 120.5. The educational breakdown is 99.4% have a high school education or higher, 64.2% have a bachelor's degree or higher, and 26.7% have some kind of profesional degree.
This area has 1,508 households and the average size is 2.7 people. Individuals who are single and have never been married are 25.4%, 63.0% are now married, 0.3% are separated, 4.2% are widowed, and 7.1% are divorced. The average yearly contribution amount given by people to charity was $2,578 versus the state average of $4,208. The percent of residents who gave to charity was 55.0%.
The estimated median value of houses and condos is $630,718. The median monthly owner costs of mortgage holders was $2,976, where as the costs for those who don't have a mortgage are $1,174. The median number of rooms in houses and condos are 7.8 versus apartments which had a median number of 5.1.
The real estate tax percent rate is 1.3% which equated to an average real estate tax amount payment of $8,062. 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 $7,621. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.3% which amounted to an average tax amount of $8,777. Reported taxable interest for persons was $2,266, dividends $6,291, capital gains +$16,603, and itemized deductions $31,587. The average earned income tax credit is $1,422. The percent of individuals that use a tax preparer is 62.7%. The total average income taxes paid by individuals was $16,835. Businesses reported an average profit of $29,945.
Scoops Ice Cream
520 Main St, West Newbury, MA 01985
West Newbury Pizza Co
282 Main St, West Newbury, MA 01985
Osaka Asian Bistro
32-34 Broad Street, Merrimac, MA 01860 (3.1 miles away)
Rusty Can
6 Fruit St, Byfield, MA 01922 (3.4 miles away)
Chick's Roast Beef
13 Pecker Ln, Groveland, MA 01834 (3.8 miles away)
The Spot
19 W Main St, Georgetown, MA 01833 (4.6 miles away)
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