Interested in purchasing investment houses in the 02118 zip code in Boston, MA?
The zip code 02118 is in Suffolk county with a latitude of -71.070720000000 and longitude of 42.338180000000, is in the state of Massachusetts. The average asking price of houses and condos is $788,247.00 and the average sale price was $732,355.00. 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° 20' 17.448" N, 71° 4' 14.592" W. The county F.I.P.S. is 25025. The total land area is 1.1 square miles and the water area is 0.0 square miles. The elevation in this area is 23 - 23 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 02118 is in county number 025 and is L. Sector 00, L. Segment 05, H. Sector 05, and H. Segment 05. The population was 28,570 in 2019 and 26,498 in 2010. This further breaks down to 13,949 males (48.8%) and 14,620 females (51.2%). The median age of residents is 34.9 years. The population of the greater Boston-Cambridge-Quincy, MA-NH area is 4,568,927. The population density (people per square mile) is 26,043. This zip code has a combined total of 14,540 houses and condos. There are 8,783 rented appartments. 66% of residents rent versus the 66% 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 $126,342 and the average salary is $93,187. The median household income of individuals is $50,394.00 and the average is $188,070.00. This zip code has a mean commute time to work of 27.7 minutes. The unemployment rate is 5.8%. Income earners by percent breakdown as 49.70% (Under $50,000), 20.40% ($50,000-$100,000), and 29.90% earn over $100,000. 22.7% of residents live below poverty line versus the 9.4% in the state that are below this line. The cost of living index is 148.2. The educational breakdown is 87.1% have a high school education or higher, 59.9% have a bachelor's degree or higher, and 32.9% have some kind of profesional degree.
This area has 12,314 households and the average size is 1.9 people. Individuals who are single and have never been married are 53.5%, 33.3% are now married, 2.7% are separated, 3.5% are widowed, and 7.0% are divorced. The average yearly contribution amount given by people to charity was $5,949 versus the state average of $4,208. The percent of residents who gave to charity was 30.2%.
The estimated median value of houses and condos is $932,698. The median monthly owner costs of mortgage holders was $3,226, where as the costs for those who don't have a mortgage are $1,124. The median number of rooms in houses and condos are 4.0 versus apartments which had a median number of 3.2.
The real estate tax percent rate is 0.7% which equated to an average real estate tax amount payment of $6,606. 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 $6,601. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.7% which amounted to an average tax amount of $6,679. Reported taxable interest for persons was $2,763, dividends $13,734, capital gains +$60,809, and itemized deductions $38,113. The average earned income tax credit is $2,124. The percent of individuals that use a tax preparer is 48.9%. The total average income taxes paid by individuals was $19,715. Businesses reported an average profit of $36,007.
Aquitaine Boston
569 Tremont St, Boston, MA 02118
Gaslight
560 Harrison Ave, Boston, MA 02118
Flour Bakery & Cafe
1595 Washington St, Boston, MA 02118
Franklin Cafe
278 Shawmut Ave, Boston, MA 02118
Toro
1704 Washington St, Boston, MA 02118
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