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Worcester city, MA

ZIP 01606 — Housing & Real Estate

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

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 01606

Median Home Value
$343,700
Median Rent
$1,361
Affordability Snapshot
$95,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,208/mo PITI).

18%
Rent-to-Income Ratio

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

3.7x
Home Price-to-Income Ratio

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

21.0 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 01606 in Worcester city, MA, a household would need roughly $95,000 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 $2,208. That is roughly in line with the local median household income ($92,537). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
68.6%+5% vs US avg
x
Vacancy Rate
5.3%-49% vs US avg
x
Broadband Access
92.0%+6% vs US avg
x
4+ Bedrooms
4.7%-68% vs US avg
x
Built Pre-1939
10.2%-20% vs US avg
x
Built Post-2014
0.3%-96% vs US avg
x
Rent Burden >30%
20.7%-58% vs US avg
x
Mortgage-Free
31.2%-18% vs US avg
x
$343,700
Home Value
$1,361
Rent
1953
Year Built
2012
Moved In

Residents have lived here since ~2012 on average

Housing Structure

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

  • 1-unit detached57.4%
  • 1-unit attached11.0%
  • 2-9 units21.9%
  • 10+ units7.9%
  • Mobile home & other1.8%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$343,700
Median rent$1,361
Owner-occupied68.6%
Vacant5.3%
Price-to-income3.7x
Est. income to buy$95,000