ZIP Code 03242
ZIP / ZCTAPopulation: 6,161
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 — 03242
- What is the median household income in 03242?
- The median household income in 03242 is $87,344 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in 03242?
- The poverty rate in 03242 is 2.7% (U.S. Census Bureau ACS 2023).
- What is the median home value in 03242?
- $317,600 (U.S. Census Bureau ACS 2023).
- What is the average rent in 03242?
- The median gross rent in 03242 is $1,073 per month (U.S. Census Bureau ACS 2023).
- What percentage of 03242 residents have a college degree?
- 42.3% of adults in 03242 hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
6,161
Median Income
$87,344
Median Home Value
$317,600
Poverty Rate
2.7%
Unemployment (ACS 2023)
1.8%
Median Age
28.0 yrs
Since 2019
Median Income:
+$7,477 (+9.4%)
Home Value:
+$76,600 (+31.8%)
Poverty Rate:
0.0 pp (+0%)
Bachelor's+:
-2.9 pp (-6.4%)
Unemployment:
-1.3 pp (-41.9%)
Demographics
Total Population
6,161
Median Age
28.0
Female
45.8%
Race & Ethnicity
Hispanic or Latino 5.2%
White (non-Hisp.) 91.9%
Black 1.0%
Two or More 4.5%
Other 0.2%
Hispanic Subgroups (% of total pop.)
Puerto Rican
3.2%
Cuban
0.3%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$87,344
±$20,192
Per Capita Income
$103,235
Median Family Income
$137,885
Poverty Rate
2.7%
Child Poverty Rate
6.8%
Working-Age Poverty Rate
—
SNAP Recipients
5.8%
Social Security Income
—
Retirement Income
29.3%
Household Income Distribution
< $10k
1.9%
$10–15k
5.1%
$15–25k
9.1%
$25–35k
8.0%
$35–50k
4.7%
$50–75k
15.3%
$75–100k
12.6%
$100–150k
21.9%
$150–200k
7.9%
$200k+
13.6%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
2,359
Owner-Occupied
63.1%
Renter-Occupied
36.9%
Vacancy Rate
7.8%
Median Home Value
$317,600
Median Gross Rent
$1,073
Owner Cost Burden (30%+)
28.6%
Renter Cost Burden (30%+)
47.9%
Home Value Distribution
< $50k
0.8%
$50–100k
1.6%
$100–200k
1.5%
$200–300k
39.3%
$300–500k
39.2%
$500k–$1M
13.8%
$1M+
2.0%
Gross Rent Distribution
< $500
16.2%
$500–1k
25.2%
$1–1.5k
41.8%
$1.5–2k
12.8%
$2–2.5k
4.0%
Vehicle Availability
No vehicle
2.1%
1 vehicle
29.0%
2 vehicles
39.5%
3+
29.4%
Housing Type
Single-fam. det.
59.6%
Single-fam. att.
9.4%
5–19 units
8.2%
20+ units
0.4%
Mobile home
1.4%
Housing Age
Pre-1940
26.5%
1940–1969
6.9%
1970–1999
23.2%
2000–2009
5.8%
2010+
2.6%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
99.3%
Bachelor's or Higher
42.3%
Graduate Degree
13.5%
Some College / Associate
13.7%
Less Than High School
0.0%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
62.8%
Unemployment Rate
1.8%
Work from Home
18.7%
Self-Employed
4.2%
Government Workers
14.5%
Private For-Profit
79.8%
Industry
Edu/Health
20.2%
Prof. Services
15.8%
Arts/Entmt.
12.2%
Retail
9.7%
Construction
7.4%
Finance
6.2%
Manufacturing
5.8%
Public Admin
3.9%
Transportation
2.9%
Wholesale
2.9%
Agriculture
1.6%
Information
0.1%
Occupation
Management
38.7%
Sales
20.2%
Food Prep
17.8%
Construction
17.0%
Production
6.2%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
21.0 min
Drove Alone
68.0%
Carpool
8.3%
Public Transit
0.0%
Work from Home
18.7%
Walked
5.0%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
2,176
Avg. Household Size
2.00
Avg. Family Size
—
Married-Couple Households
46.1%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
15.1%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
4.5%
5–9
5.4%
10–14
4.6%
15–19
8.9%
20–24
21.9%
25–34
9.0%
35–44
7.6%
45–54
8.9%
55–64
6.7%
65–74
5.0%
75–84
14.4%
85+
3.1%
Under 18: 16.2%
Working age (18–64): 83.8%
65 and over: 17.5%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
1.5%
Naturalized Citizen
58.1%
Speaks English Less Than Very Well
1.0%
Foreign-Born Origin
Latin America
41.9%
Europe
35.5%
Africa
5.4%
Veterans & Disability
Veteran
2.9%
With a Disability
12.0%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
95.3%
Uninsured
4.7%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
88.2%
Has a Computer
92.0%
Same House 1 Year Ago
89.7%
Moved from Abroad
0.2%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023