| ZIP Code | 01545 |
|---|---|
| City | Shrewsbury |
| State | Massachusetts (MA) |
| County | Worcester County |
| Area Code | 508/774 |
| Elevation | 600 ft |
| Latitude | 42.284767 |
|---|---|
| Longitude | -71.714228 |
| Timezone | New York (DST) |
| FIPS | 25027 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 40.5 yrs ↓ 3% since 2019 |
|---|---|
| Avg Household Size | 2.64 |
| Below Poverty | 3.8% ▼ 62% below avg |
| College Grads | 71.2% ▲ 84% above avg |
| Unemployment | 2.9% ▼ 42% below avg |
| No HS Diploma | 217 (0.9%) |
| HS Graduate | 3,842 (15.3%) |
| Some College | 1,331 (5.3%) |
| Associates | 1,837 (7.3%) |
| Bachelors | 1,605 (6.4%) |
| Graduate Degree | 16,223 (64.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $136,225 ▲ 79% above avg ↑ 30% since 2019 |
|---|---|
| Median Home Value | $555,500 ▲ 99% above avg ↑ 34% since 2019 |
| Home/Income Ratio | 4.1x (nat avg ~3.5x) |
| Median Rent | $2,046/mo ↑ 49% since 2019 |
| Total Units | 15,318 |
| Vacant Units | 810 |
| Avg HH Size | 2.64 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 15,318 |
|---|---|
| Vacant | 810 |
| Owner Occupied | 72.1% |
| Renter Occupied | 27.9% |
| Avg HH Size | 2.64 |
ZIP code 01545 is located in Shrewsbury, Massachusetts, within Worcester County. With a population of 38,440, this is a highly populated ZIP code with a middle-aged community — the median age is 40.5 years. Economically, 01545 is a upper-middle-income ZIP code: the median household income of $136,225 is significantly above the national average.
Real estate in ZIP code 01545 represents a premium housing market. The median home value of $555,500 is significantly above the national average. Renters can expect to pay around $2,046 per month in median rent. Homeownership is strong here — 72.1% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 34% since 2019.
The population of 01545 is majority White (62.80%). Residents are highly educated — 71.2% hold a bachelor's degree or higher, which is significantly above the national average. Poverty affects a relatively small share of residents at 3.8%. Household income has grown by 30% since 2019.
The unemployment rate in 01545 stands at 2.9%, which is below the national average. About 24% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 67%.
Overall, ZIP code 01545 in Shrewsbury, MA is characterized as upper-middle-income, highly educated, a middle-aged community, and predominantly owner-occupied. With 38,440 residents, a median household income of $136,225, and a median home value of $555,500, it offers a clear picture of life in this part of Massachusetts.