Interested in purchasing investment houses in the 02116 zip code in Boston, MA?
The zip code 02116 is in Suffolk county with a latitude of -71.075660000000 and longitude of 42.350600000000, is in the state of Massachusetts. The average asking price of houses and condos is $1,340,610.00 and the average sale price was $1,023,819.00. this regions is classified as the Boston metro area and consists of the following area codes: 617 and 857. The location in degrees is 42° 21' 2.16" N, 71° 4' 32.376" W. The county F.I.P.S. is 25025. The total land area is 0.6 square miles and the water area is 0.1 square miles. The zip code is on eastern standard time and observes daylight savings time.
The zip 02116 is in county number 065 and is L. Sector 98, L. Segment 14, H. Sector 14, and H. Segment 14. The population was 23,409 in 2019 and 20,628 in 2010. This further breaks down to 10,672 males (45.6%) and 12,737 females (54.4%). The median age of residents is 35.7 years. The population of the greater Boston-Cambridge-Quincy, MA-NH area is 4,568,927. The population density (people per square mile) is 37,136. This zip code has a combined total of 14,605 houses and condos. There are 7,826 rented appartments. 63% of residents rent versus the 63% 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 $398,562 and the average salary is $184,356. The median household income of individuals is $92,954.00 and the average is $643,510.00. This zip code has a mean commute time to work of 23.2 minutes. The unemployment rate is 3.3%. Income earners by percent breakdown as 31.80% (Under $50,000), 20.40% ($50,000-$100,000), and 47.80% earn over $100,000. 10.4% of residents live below poverty line versus the 9.4% in the state that are below this line. The cost of living index is 147.5. The educational breakdown is 93.7% have a high school education or higher, 78.9% have a bachelor's degree or higher, and 44.5% have some kind of profesional degree.
This area has 11,026 households and the average size is 1.7 people. Individuals who are single and have never been married are 53.2%, 36.8% are now married, 1.0% are separated, 2.5% are widowed, and 6.5% are divorced. The average yearly contribution amount given by people to charity was $45,384 versus the state average of $4,208. The percent of residents who gave to charity was 41.2%.
The estimated median value of houses and condos is $1,282,335. The median monthly owner costs of mortgage holders was $3,943, where as the costs for those who don't have a mortgage are $1,516. The median number of rooms in houses and condos are 4.3 versus apartments which had a median number of 3.0.
The real estate tax percent rate is 0.8% which equated to an average real estate tax amount payment of $9,795. 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 0.7% which amounted to an average tax amount of $8,792. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.8% which amounted to an average tax amount of $10,476. Reported taxable interest for persons was $23,867, dividends $57,975, capital gains +$292,039, and itemized deductions $134,380. The average earned income tax credit is $1,342. The percent of individuals that use a tax preparer is 54.3%. The total average income taxes paid by individuals was $50,459. Businesses reported an average profit of $48,470.
Grill 23 & Bar
161 Berkeley St, Boston, MA 02116
Morton's The Steakhouse
699 Boylston St Ste 1, Boston, MA 02116
Abe & Louie's
793 Boylston St, Boston, MA 02116
Atlantic Fish Co
761 Boylston St, Boston, MA 02116
B&G Oysters
550 Tremont St, Boston, MA 02116
Da Vinci
162 Columbus Ave, Boston, MA 02116
Mistral
223 Columbus Ave, Boston, MA 02116
Parish Cafe & Bar
361 Boylston St, Boston, MA 02116
Mike & Patty's
12 Church St, Boston, MA 02116
Troquet
140 Boylston St, Boston, MA 02116
The Bar
15 Arlington St, Boston, MA 02116
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