 | We Buy Homes |
| The First and Original 1-800-932-8946 | |
| We Buy Homes |
| The First and Original 1-800-932-8946 | |
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Investors
Interested in purchasing investment houses in the 02462 zip code in Newton Lower Falls, MA?
Detailed Demographic Statistics
The zip code 02462 is in Middlesex county, is in the state of Massachusetts. The total land area is 0.5 square miles and the water area is 0.0 square miles.
The zip 02462 is in county number and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 1,404 in 2019 and 1,554 in 2010. This further breaks down to 593 males (42.2%) and 810 females (57.8%). The median age of residents is 47.5 years. The population density (people per square mile) is 2,656. This zip code has a combined total of 597 houses and condos. There are 207 rented appartments. 37% of residents rent versus the 37% of residents in the state who rent.
The average individual gross adjusted income is $161,338 and the average salary is $114,225. The estimated median household income of individuals is around $120,832. This zip code has a mean commute time to work of 25.2 minutes. The unemployment rate is 3.1%. 2.7% of residents live below poverty line versus the 9.4% in the state that are below this line. The cost of living index is 142.0. The educational breakdown is 100.3% have a high school education or higher, 82.5% have a bachelor's degree or higher, and 54.7% have some kind of profesional degree.
The average size of households is 2.5 people. Individuals who are single and have never been married are 28.6%, 57.4% are now married, 0.8% are separated, 5.3% are widowed, and 8.0% are divorced. The average yearly contribution amount given by people to charity was $4,174 versus the state average of $4,208. The percent of residents who gave to charity was 44.9%.
The estimated median value of houses and condos is $1,032,104. The median monthly owner costs of mortgage holders was $4,007, where as the costs for those who don't have a mortgage are $1,117. The median number of rooms in houses and condos are 8.0 versus apartments which had a median number of 3.6.
The real estate tax percent rate is 1.0% which equated to an average real estate tax amount payment of $10,201. 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 $10,433. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.0% which amounted to an average tax amount of $9,285. Reported taxable interest for persons was $3,251, dividends $9,159, capital gains +$25,996, and itemized deductions $41,800. The average earned income tax credit is $1,550. The percent of individuals that use a tax preparer is 49.3%. The total average income taxes paid by individuals was $20,631. Businesses reported an average profit of $36,485.Local Restaurants
Pr Management Corp
2150 Washington St, Newton Lower Falls, MA 02462
Bokx 109 American Prime
399 Grove St, Newton Lower Falls, MA 02462
Panera Bread
2150 Washington St Ste 125, Newton Lower Falls, MA 02462
Starbucks Coffee
16 Saint Marys St, Newton Lower Falls, MA 02462
When my husband passed away suddenly, I was left with a home I had to sell fast. The experts from We Buy Homes dealt with me professionally, fairly, and honestly. I didn’t have to list my house and I didn’t have to deal with strangers walking through my home. And I didn’t have to pay a realtor! They handled everything and that provided the peace of mind I needed during such a difficult time. I highly recommend them!
