ZIP Code 01240
ZIP / ZCTAPopulation: 5,024
ZIP Code Tabulation Areas (ZCTAs) are Census approximations of USPS ZIP codes. Boundaries may differ slightly from postal delivery areas, and estimates for less-populated ZCTAs carry higher margins of error.
Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).
Quick Facts — 01240
- What is the median household income in 01240?
- The median household income in 01240 is $99,745 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in 01240?
- The poverty rate in 01240 is 5.3% (U.S. Census Bureau ACS 2023).
- What is the median home value in 01240?
- $480,800 (U.S. Census Bureau ACS 2023).
- What is the average rent in 01240?
- The median gross rent in 01240 is $1,060 per month (U.S. Census Bureau ACS 2023).
- What percentage of 01240 residents have a college degree?
- 51.6% of adults in 01240 hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
5,024
Median Income
$99,745
Median Home Value
$480,800
Poverty Rate
5.3%
Unemployment (ACS 2023)
5.8%
Median Age
56.0 yrs
Since 2019
Median Income:
+$31,352 (+45.8%)
Home Value:
+$149,300 (+45%)
Poverty Rate:
+3.1 pp (+140.9%)
Bachelor's+:
-2.2 pp (-4.1%)
Unemployment:
+2.1 pp (+56.8%)
Demographics
Total Population
5,024
Median Age
56.0
Female
54.4%
Race & Ethnicity
Hispanic or Latino 6.0%
White (non-Hisp.) 90.8%
Black 1.0%
Asian 0.3%
Two or More 2.4%
Other 4.4%
Hispanic Subgroups (% of total pop.)
Mexican
0.6%
Puerto Rican
0.6%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$99,745
±$37,899
Per Capita Income
$129,221
Median Family Income
$146,631
Poverty Rate
5.3%
Child Poverty Rate
11.6%
Working-Age Poverty Rate
—
SNAP Recipients
4.8%
Social Security Income
—
Retirement Income
31.9%
Household Income Distribution
< $10k
5.8%
$10–15k
2.8%
$15–25k
4.1%
$25–35k
4.7%
$35–50k
11.8%
$50–75k
16.0%
$75–100k
5.1%
$100–150k
18.5%
$150–200k
15.9%
$200k+
15.3%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
3,029
Owner-Occupied
71.4%
Renter-Occupied
28.6%
Vacancy Rate
24.4%
Median Home Value
$480,800
Median Gross Rent
$1,060
Owner Cost Burden (30%+)
15.4%
Renter Cost Burden (30%+)
35.9%
Home Value Distribution
$100–200k
3.2%
$200–300k
9.7%
$300–500k
39.3%
$500k–$1M
35.8%
$1M+
9.2%
Gross Rent Distribution
< $500
8.5%
$500–1k
30.4%
$1–1.5k
48.8%
$1.5–2k
0.6%
$2–2.5k
1.8%
$3.5k+
9.8%
Vehicle Availability
No vehicle
9.4%
1 vehicle
40.5%
2 vehicles
40.4%
3+
9.8%
Housing Type
Single-fam. det.
55.6%
Single-fam. att.
5.1%
2–4 units
2.1%
5–19 units
8.6%
20+ units
12.3%
Mobile home
1.0%
Housing Age
Pre-1940
26.2%
1940–1969
2.9%
1970–1999
11.7%
2000–2009
11.4%
2010+
5.0%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
94.9%
Bachelor's or Higher
51.6%
Graduate Degree
21.5%
Some College / Associate
13.1%
Less Than High School
0.9%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
52.3%
Unemployment Rate
5.8%
Work from Home
20.7%
Self-Employed
11.6%
Government Workers
9.1%
Private For-Profit
79.3%
Industry
Edu/Health
28.3%
Prof. Services
10.8%
Finance
10.2%
Manufacturing
7.2%
Public Admin
6.6%
Arts/Entmt.
6.3%
Retail
4.6%
Wholesale
2.9%
Transportation
1.2%
Construction
0.9%
Information
0.8%
Occupation
Management
49.3%
Food Prep
24.8%
Production
13.8%
Sales
10.0%
Construction
2.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
24.6 min
Drove Alone
70.0%
Carpool
3.6%
Public Transit
2.1%
Work from Home
20.7%
Walked
2.3%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
2,289
Avg. Household Size
2.00
Avg. Family Size
—
Married-Couple Households
42.1%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
10.1%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
2.4%
5–9
4.1%
10–14
2.7%
15–19
8.0%
20–24
5.8%
25–34
2.6%
35–44
10.4%
45–54
11.6%
55–64
5.0%
65–74
10.3%
75–84
20.5%
85+
9.6%
Under 18: 14.1%
Working age (18–64): 85.9%
65 and over: 37.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
9.6%
Naturalized Citizen
78.5%
Speaks English Less Than Very Well
1.8%
Foreign-Born Origin
Latin America
46.7%
Europe
22.5%
Africa
9.6%
Asia
7.3%
Veterans & Disability
Veteran
4.3%
With a Disability
11.8%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
98.6%
Uninsured
1.4%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
90.1%
Has a Computer
92.8%
Same House 1 Year Ago
89.8%
Moved from Abroad
0.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023