| ZIP Code | 02492 |
|---|---|
| City | Needham |
| State | Massachusetts (MA) |
| County | Norfolk County |
| Area Code | 339/508/617/774/781/ |
| Elevation | 142 ft |
| Latitude | 42.276483 |
|---|---|
| Longitude | -71.243714 |
| Timezone | New York (DST) |
| FIPS | 25021 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 42.8 yrs ↓ 4% since 2019 |
|---|---|
| Avg Household Size | 2.85 |
| Below Poverty | 4.1% ▼ 60% below avg |
| College Grads | 86.3% ▲ 123% above avg |
| Unemployment | 6.2% ▲ 26% above avg |
| No HS Diploma | 14 (0.1%) |
| HS Graduate | 947 (7.5%) |
| Some College | 328 (2.6%) |
| Associates | 454 (3.6%) |
| Bachelors | 327 (2.6%) |
| Graduate Degree | 10,603 (83.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $222,063 ▲ 191% above avg ↑ 32% since 2019 |
|---|---|
| Median Home Value | $1,177,300 ▲ 322% above avg ↑ 35% since 2019 |
| Home/Income Ratio | 5.3x (nat avg ~3.5x) |
| Median Rent | $2,256/mo ↑ 134% since 2019 |
| Total Units | 7,500 |
| Vacant Units | 161 |
| Avg HH Size | 2.85 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 7,500 |
|---|---|
| Vacant | 161 |
| Owner Occupied | 90.8% |
| Renter Occupied | 9.3% |
| Avg HH Size | 2.85 |
ZIP code 02492 is located in Needham, Massachusetts, within Norfolk County. With a population of 21,481, this is a moderately populated ZIP code with a middle-aged community — the median age is 42.8 years. Economically, 02492 is a affluent ZIP code: the median household income of $222,063 is more than double the national average.
Real estate in ZIP code 02492 represents among the most expensive housing markets in the country. The median home value of $1,177,300 is more than double the national average. Renters can expect to pay around $2,256 per month in median rent. Homeownership is strong here — 90.8% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 35% since 2019.
The population of 02492 is primarily White (85.78%). Residents are highly educated — 86.3% hold a bachelor's degree or higher, which is more than double the national average. Poverty affects a relatively small share of residents at 4.1%. Household income has grown by 32% since 2019.
The unemployment rate in 02492 stands at 6.2%, which is above the national average. A notably high share of workers — 29% — work from home, reflecting the professional makeup of the area. As in most parts of the country, driving alone is the dominant commute mode at 57%.
Overall, ZIP code 02492 in Needham, MA is characterized as affluent, highly educated, a middle-aged community, and predominantly owner-occupied. With 21,481 residents, a median household income of $222,063, and a median home value of $1,177,300, it offers a clear picture of life in this part of Massachusetts.