ZIP Code 03840
ZIP / ZCTAPopulation: 4,070
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 — 03840
- What is the median household income in 03840?
- The median household income in 03840 is $147,132 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in 03840?
- The poverty rate in 03840 is 0.0% (U.S. Census Bureau ACS 2023).
- What is the median home value in 03840?
- $595,100 (U.S. Census Bureau ACS 2023).
- What is the average rent in 03840?
- The median gross rent in 03840 is $1,890 per month (U.S. Census Bureau ACS 2023).
- What percentage of 03840 residents have a college degree?
- 52.8% of adults in 03840 hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
4,070
Median Income
$147,132
Median Home Value
$595,100
Poverty Rate
0.0%
Unemployment (ACS 2023)
0.0%
Median Age
50.0 yrs
Since 2019
Median Income:
+$31,715 (+27.5%)
Home Value:
+$160,500 (+36.9%)
Poverty Rate:
-3.8 pp (-100%)
Bachelor's+:
-1.6 pp (-2.9%)
Unemployment:
-1.4 pp (-100%)
Demographics
Total Population
4,070
Median Age
50.0
Female
48.2%
Race & Ethnicity
Hispanic or Latino 1.7%
White (non-Hisp.) 91.6%
Black 2.9%
Asian 2.4%
Two or More 0.9%
Other 1.0%
Asian Subgroups (% of total pop.)
Indian
1.1%
Chinese
0.9%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$147,132
±$22,542
Per Capita Income
$171,051
Median Family Income
$154,630
Poverty Rate
0.0%
Child Poverty Rate
0.0%
Working-Age Poverty Rate
—
SNAP Recipients
0.5%
Social Security Income
—
Retirement Income
37.1%
Household Income Distribution
$10–15k
0.6%
$15–25k
3.5%
$25–35k
2.3%
$35–50k
8.5%
$50–75k
9.8%
$75–100k
7.5%
$100–150k
18.3%
$150–200k
22.0%
$200k+
27.4%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
1,686
Owner-Occupied
87.4%
Renter-Occupied
12.6%
Vacancy Rate
4.0%
Median Home Value
$595,100
Median Gross Rent
$1,890
Owner Cost Burden (30%+)
21.5%
Renter Cost Burden (30%+)
53.4%
Home Value Distribution
< $50k
0.6%
$50–100k
0.9%
$100–200k
1.5%
$200–300k
7.7%
$300–500k
25.4%
$500k–$1M
59.7%
$1M+
4.1%
Gross Rent Distribution
$1–1.5k
5.2%
$1.5–2k
57.5%
$2–2.5k
24.4%
$3.5k+
13.0%
Vehicle Availability
1 vehicle
23.7%
2 vehicles
52.9%
3+
23.3%
Housing Type
Single-fam. det.
73.3%
Single-fam. att.
15.2%
2–4 units
9.7%
Housing Age
Pre-1940
5.5%
1940–1969
1.9%
1970–1999
13.8%
2000–2009
8.1%
2010+
17.6%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
98.0%
Bachelor's or Higher
52.8%
Graduate Degree
17.1%
Some College / Associate
14.1%
Less Than High School
0.8%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
69.9%
Unemployment Rate
0.0%
Work from Home
25.4%
Self-Employed
8.3%
Government Workers
11.9%
Private For-Profit
79.8%
Industry
Edu/Health
21.8%
Prof. Services
17.1%
Retail
12.7%
Finance
11.2%
Construction
8.9%
Arts/Entmt.
8.2%
Manufacturing
5.9%
Public Admin
3.1%
Transportation
2.8%
Information
1.6%
Wholesale
1.5%
Agriculture
0.9%
Occupation
Management
53.3%
Sales
24.0%
Food Prep
11.6%
Construction
6.2%
Production
4.8%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
20.2 min
Drove Alone
65.9%
Carpool
4.5%
Public Transit
0.0%
Work from Home
25.4%
Walked
1.8%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
1,619
Avg. Household Size
2.00
Avg. Family Size
—
Married-Couple Households
59.9%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
22.4%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
3.9%
5–9
7.0%
10–14
5.7%
15–19
4.9%
20–24
1.7%
25–34
9.4%
35–44
11.1%
45–54
17.4%
55–64
5.8%
65–74
8.5%
75–84
18.5%
85+
4.5%
Under 18: 19.2%
Working age (18–64): 80.8%
65 and over: 24.6%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
4.9%
Naturalized Citizen
47.3%
Speaks English Less Than Very Well
1.8%
Foreign-Born Origin
Asia
38.8%
Latin America
24.4%
Europe
23.9%
Africa
4.0%
Veterans & Disability
Veteran
10.6%
With a Disability
9.1%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
94.9%
Uninsured
5.1%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
96.1%
Has a Computer
99.4%
Same House 1 Year Ago
91.2%
Moved from Abroad
0.7%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023