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| The First and Original 1-800-932-8946 | |
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Investors
Interested in purchasing investment houses in the 02494 zip code in Needham, MA?
Detailed Demographic Statistics
The zip code 02494 is in Norfolk county, is in the state of Massachusetts. The total land area is 2.8 square miles and the water area is 0.1 square miles.
The zip 02494 is in county number and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 10,512 in 2019 and 8,955 in 2010. This further breaks down to 4,922 males (46.8%) and 5,589 females (53.2%). The median age of residents is 40.4 years. The population density (people per square mile) is 3,799. This zip code has a combined total of 3,929 houses and condos. There are 1,011 rented appartments. 28% of residents rent versus the 28% of residents in the state who rent.
The average individual gross adjusted income is $148,040 and the average salary is $117,483. The estimated median household income of individuals is around $139,464. This zip code has a mean commute time to work of 32.1 minutes. The unemployment rate is 4.3%. 3.8% of residents live below poverty line versus the 9.4% in the state that are below this line. The cost of living index is 138.8. The educational breakdown is 98.8% have a high school education or higher, 71.2% have a bachelor's degree or higher, and 43.9% have some kind of profesional degree.
The average size of households is 2.8 people. Individuals who are single and have never been married are 21.9%, 64.1% are now married, 1.0% are separated, 5.0% are widowed, and 8.0% are divorced. The average yearly contribution amount given by people to charity was $4,047 versus the state average of $4,208. The percent of residents who gave to charity was 50.4%.
The estimated median value of houses and condos is $890,569. The median monthly owner costs of mortgage holders was $3,636, where as the costs for those who don't have a mortgage are $1,108. The median number of rooms in houses and condos are 7.7 versus apartments which had a median number of 3.3.
The real estate tax percent rate is 1.0% which equated to an average real estate tax amount payment of $9,053. 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 $9,215. 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 $8,715. Reported taxable interest for persons was $3,073, dividends $8,826, capital gains +$22,622, and itemized deductions $39,810. The average earned income tax credit is $1,479. The percent of individuals that use a tax preparer is 58.0%. The total average income taxes paid by individuals was $19,106. Businesses reported an average profit of $31,183.Local Restaurants
Chef Mike's
73 Highland Ave, Needham, MA 02494
True Taste Restaurants
301 Reservoir St, Needham, MA 02494
Hungry Coyote
1185 Highland Ave, Needham, MA 02494
Panera Bread
120 Highland Ave, Needham, MA 02494
Dunkin'
1203 Highland Ave, Needham, MA 02494
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!
