| ZIP Code | 02462 |
|---|---|
| City | Newton Lower Falls |
| State | Massachusetts (MA) |
| County | Middlesex County |
| Area Code | 617 |
| Elevation | 79 ft |
| Latitude | 42.331675 |
|---|---|
| Longitude | -71.255947 |
| Timezone | New York (DST) |
| FIPS | 25017 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 50.9 yrs ↑ 8% since 2019 |
|---|---|
| Avg Household Size | 2.39 |
| Below Poverty | 6.0% ▼ 40% below avg |
| College Grads | 69.8% ▲ 80% above avg |
| Unemployment | 1.2% ▼ 75% below avg |
| No HS Diploma | 31 (3.1%) |
| HS Graduate | 175 (17.7%) |
| Some College | 29 (2.9%) |
| Associates | 64 (6.5%) |
| Bachelors | 27 (2.7%) |
| Graduate Degree | 663 (67%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $210,682 ▲ 176% above avg ↑ 82% since 2019 |
|---|---|
| Median Home Value | $1,265,400 ▲ 354% above avg ↑ 36% since 2019 |
| Home/Income Ratio | 6.0x (nat avg ~3.5x) |
| Total Units | 526 |
| Avg HH Size | 2.39 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 526 |
|---|---|
| Owner Occupied | 76.2% |
| Renter Occupied | 23.8% |
| Avg HH Size | 2.39 |
ZIP code 02462 is located in Newton Lower Falls, Massachusetts, within Middlesex County. With a population of 1,459, this is a sparsely populated ZIP code with a mature community — the median age is 50.9 years. Economically, 02462 is a affluent ZIP code: the median household income of $210,682 is more than double the national average.
Real estate in ZIP code 02462 represents among the most expensive housing markets in the country. The median home value of $1,265,400 is more than double the national average. Homeownership is strong here — 76.2% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 36% since 2019.
The population of 02462 is primarily White (70.32%). Residents are highly educated — 69.8% hold a bachelor's degree or higher, which is significantly above the national average. Poverty affects a relatively small share of residents at 6.0%. Household income has grown by 82% since 2019.
The unemployment rate in 02462 stands at 1.2%, which is well below the national average. About 23% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 63%.
Overall, ZIP code 02462 in Newton Lower Falls, MA is characterized as affluent, highly educated, a mature community, and predominantly owner-occupied. With 1,459 residents, a median household income of $210,682, and a median home value of $1,265,400, it offers a clear picture of life in this part of Massachusetts.