ZIP Code 03031
ZIP / ZCTAPopulation: 11,873
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 — 03031
- What is the median household income in 03031?
- The median household income in 03031 is $155,125 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in 03031?
- The poverty rate in 03031 is 2.7% (U.S. Census Bureau ACS 2023).
- What is the median home value in 03031?
- $491,400 (U.S. Census Bureau ACS 2023).
- What is the average rent in 03031?
- The median gross rent in 03031 is $1,447 per month (U.S. Census Bureau ACS 2023).
- What percentage of 03031 residents have a college degree?
- 63.5% of adults in 03031 hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
11,873
Median Income
$155,125
Median Home Value
$491,400
Poverty Rate
2.7%
Unemployment (ACS 2023)
2.3%
Median Age
45.0 yrs
Since 2019
Median Income:
+$15,704 (+11.3%)
Home Value:
+$137,400 (+38.8%)
Poverty Rate:
+1.8 pp (+200%)
Bachelor's+:
+1.5 pp (+2.4%)
Unemployment:
-1.7 pp (-42.5%)
Demographics
Total Population
11,873
Median Age
45.0
Female
51.9%
Race & Ethnicity
Hispanic or Latino 3.8%
White (non-Hisp.) 93.6%
Asian 1.2%
Two or More 3.5%
Other 0.4%
Asian Subgroups (% of total pop.)
Chinese
0.9%
Filipino
0.3%
Hispanic Subgroups (% of total pop.)
Mexican
0.9%
Puerto Rican
0.8%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$155,125
±$17,316
Per Capita Income
$175,027
Median Family Income
$180,208
Poverty Rate
2.7%
Child Poverty Rate
5.3%
Working-Age Poverty Rate
—
SNAP Recipients
1.5%
Social Security Income
—
Retirement Income
27.8%
Household Income Distribution
< $10k
1.5%
$10–15k
0.6%
$15–25k
1.5%
$25–35k
3.9%
$35–50k
3.7%
$50–75k
10.7%
$75–100k
4.3%
$100–150k
22.9%
$150–200k
18.1%
$200k+
32.8%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
4,558
Owner-Occupied
91.0%
Renter-Occupied
9.0%
Vacancy Rate
0.4%
Median Home Value
$491,400
Median Gross Rent
$1,447
Owner Cost Burden (30%+)
12.6%
Renter Cost Burden (30%+)
33.2%
Home Value Distribution
< $50k
0.4%
$50–100k
1.0%
$100–200k
0.3%
$200–300k
7.4%
$300–500k
43.0%
$500k–$1M
44.4%
$1M+
3.5%
Gross Rent Distribution
< $500
10.9%
$1–1.5k
47.4%
$1.5–2k
16.6%
$2–2.5k
18.1%
$2.5–3.5k
7.0%
Vehicle Availability
No vehicle
1.7%
1 vehicle
25.2%
2 vehicles
44.9%
3+
28.2%
Housing Type
Single-fam. det.
88.2%
Single-fam. att.
5.2%
2–4 units
1.0%
5–19 units
1.6%
20+ units
1.4%
Mobile home
0.5%
Housing Age
Pre-1940
11.5%
1940–1969
1.5%
1970–1999
24.3%
2000–2009
9.0%
2010+
3.9%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
99.2%
Bachelor's or Higher
63.5%
Graduate Degree
28.4%
Some College / Associate
12.1%
Less Than High School
0.2%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
64.9%
Unemployment Rate
2.3%
Work from Home
29.1%
Self-Employed
3.5%
Government Workers
10.5%
Private For-Profit
85.1%
Industry
Edu/Health
21.2%
Prof. Services
18.8%
Manufacturing
14.3%
Retail
11.4%
Arts/Entmt.
8.0%
Finance
7.2%
Construction
4.0%
Transportation
3.8%
Public Admin
3.5%
Wholesale
2.3%
Information
1.8%
Agriculture
0.4%
Occupation
Management
62.8%
Sales
19.1%
Food Prep
9.8%
Construction
5.0%
Production
3.3%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
30.5 min
Drove Alone
62.4%
Carpool
6.0%
Public Transit
0.0%
Work from Home
29.1%
Walked
0.9%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
4,540
Avg. Household Size
2.00
Avg. Family Size
—
Married-Couple Households
66.9%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
27.3%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
6.2%
5–9
4.4%
10–14
7.2%
15–19
7.3%
20–24
4.0%
25–34
8.8%
35–44
11.2%
45–54
14.7%
55–64
8.0%
65–74
9.3%
75–84
13.3%
85+
3.5%
Under 18: 22.3%
Working age (18–64): 77.7%
65 and over: 18.9%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
4.4%
Naturalized Citizen
68.2%
Speaks English Less Than Very Well
1.5%
Foreign-Born Origin
Europe
38.0%
Latin America
24.5%
Asia
22.4%
Veterans & Disability
Veteran
6.2%
With a Disability
7.7%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
97.2%
Uninsured
2.8%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
97.8%
Has a Computer
98.4%
Same House 1 Year Ago
89.8%
Moved from Abroad
0.4%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023