US5.com
  1. Home
  2. States
  3. Massachusetts
  4. ZIP 01503
  5. Housing & Real Estate
, MA

ZIP 01503 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Upper Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 01503

Median Home Value
$566,800
Median Rent
$1,196
Affordability Snapshot
$156,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$3,641/mo PITI).

12%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

4.6x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

39.5 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 01503 in MA, a household would need roughly $156,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $3,641. That is about 27% above the local median household income ($122,411), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics
Owner Occupied
79.8%+22% vs US avg
x
Vacancy Rate
3.7%-64% vs US avg
x
Broadband Access
87.1%+0% vs US avg
x
4+ Bedrooms
7.5%-50% vs US avg
x
Built Pre-1939
2.8%-78% vs US avg
x
Built Post-2014
2.4%-65% vs US avg
x
Rent Burden >30%
12.7%-75% vs US avg
x
Mortgage-Free
42.3%+11% vs US avg
x
$566,800
Home Value
$1,196
Rent
1993
Year Built
2009
Moved In

Residents have lived here since ~2009 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached50.5%
  • 1-unit attached23.9%
  • 2-9 units14.1%
  • 10+ units10.9%
  • Mobile home & other0.5%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$566,800
Median rent$1,196
Owner-occupied79.8%
Vacant3.7%
Price-to-income4.6x
Est. income to buy$156,000