Interested in purchasing investment houses in the 02145 zip code in Somerville, MA?
The zip code 02145 is in Middlesex county with a latitude of -71.089580000000 and longitude of 42.392040000000, is in the state of Massachusetts. The average asking price of houses and condos is $409,750.00 and the average sale price was $326,190.00. 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° 23' 31.344" N, 71° 5' 22.488" W. The county F.I.P.S. is 25017. This zip code contains two cities including Somerville, MA (99.78%), and Medford, MA (0.22%) The total land area is 1.4 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 02145 is in county number 017 and is L. Sector 00, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 28,711 in 2019 and 25,439 in 2010. This further breaks down to 14,535 males (50.6%) and 14,176 females (49.4%). The median age of residents is 33.8 years. The population of the greater Boston-Cambridge-Quincy, MA-NH area is 4,568,927. The population density (people per square mile) is 20,569. This zip code has a combined total of 11,703 houses and condos. There are 7,087 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 middle class. The average individual gross adjusted income is $45,057 and the average salary is $43,510. The median household income of individuals is $55,800.00 and the average is $69,180.00. This zip code has a mean commute time to work of 35.2 minutes. The unemployment rate is 3.1%. Income earners by percent breakdown as 43.50% (Under $50,000), 36.70% ($50,000-$100,000), and 19.80% earn over $100,000. 10.5% of residents live below poverty line versus the 9.4% in the state that are below this line. The cost of living index is 141.2. The educational breakdown is 86.8% have a high school education or higher, 49.5% have a bachelor's degree or higher, and 21.3% have some kind of profesional degree.
This area has 9,955 households and the average size is 2.6 people. Individuals who are single and have never been married are 47.6%, 40.4% are now married, 1.3% are separated, 3.0% are widowed, and 7.7% are divorced. The average yearly contribution amount given by people to charity was $1,953 versus the state average of $4,208. The percent of residents who gave to charity was 14.5%.
The estimated median value of houses and condos is $653,939. The median monthly owner costs of mortgage holders was $2,436, where as the costs for those who don't have a mortgage are $739. The median number of rooms in houses and condos are 5.7 versus apartments which had a median number of 4.3.
The real estate tax percent rate is 0.6% which equated to an average real estate tax amount payment of $3,914. 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 0.6% which amounted to an average tax amount of $4,027. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.6% which amounted to an average tax amount of $3,529. Reported taxable interest for persons was $692, dividends $2,288, capital gains +$3,971, and itemized deductions $17,717. The average earned income tax credit is $1,918. The percent of individuals that use a tax preparer is 51.4%. The total average income taxes paid by individuals was $6,650. Businesses reported an average profit of $13,218.
Vinny's Ristorante
76 Broadway, Somerville, MA 02145
Mount Vernon Restaurant
14 Broadway, Somerville, MA 02145
Pepi's Pizzeria & Grill.
516b Medford St, Somerville, MA 02145
Pinis Pizzeria
511 Broadway, Somerville, MA 02145
Leones Sub & Pizza
292 Broadway, Somerville, MA 02145
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