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Worcester city, MA

ZIP 01605 — Housing & Real Estate

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

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 01605

Median Home Value
$349,800
Median Rent
$1,155
Affordability Snapshot
$96,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,247/mo PITI).

25%
Rent-to-Income Ratio

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

6.4x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

25.2 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 01605 in Worcester city, MA, a household would need roughly $96,000 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 $2,247. That is about 75% above the local median household income ($54,805), 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

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
31.3%-52% vs US avg
x
Vacancy Rate
6.8%-34% vs US avg
x
Broadband Access
86.5%-1% vs US avg
x
4+ Bedrooms
2.2%-85% vs US avg
x
Built Pre-1939
6.8%-47% vs US avg
x
Built Post-2014
0.1%-99% vs US avg
x
Rent Burden >30%
23.6%-52% vs US avg
x
Mortgage-Free
30.4%-20% vs US avg
x
$349,800
Home Value
$1,155
Rent
1958
Year Built
2015
Moved In

Residents have lived here since ~2015 on average

Housing Structure

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

  • 1-unit detached25.0%
  • 1-unit attached5.0%
  • 2-9 units44.7%
  • 10+ units24.8%
  • Mobile home & other0.4%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$349,800
Median rent$1,155
Owner-occupied31.3%
Vacant6.8%
Price-to-income6.4x
Est. income to buy$96,000