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Worcester city, MA

ZIP 01608 — 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 01608

Median Home Value
$117,100
Median Rent
$1,353
Affordability Snapshot
$32,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$752/mo PITI).

35%
Rent-to-Income Ratio

Above the 30% affordability threshold — housing cost-burdened area.

2.5x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

7.2 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 01608 in Worcester city, MA, a household would need roughly $32,000 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 $752. That sits below the local median household income ($45,962), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 14% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
4.5%-93% vs US avg
x
Vacancy Rate
13.7%+33% vs US avg
x
Broadband Access
87.7%+1% vs US avg
x
4+ Bedrooms
0.3%-98% vs US avg
x
Built Pre-1939
6.9%-46% vs US avg
x
Built Post-2014
0.8%-88% vs US avg
x
Rent Burden >30%
28.2%-43% vs US avg
x
Mortgage-Free
65.0%+70% vs US avg
x
$117,100
Home Value
$1,353
Rent
1971
Year Built
2019
Moved In

Residents have lived here since ~2019 on average

Housing Structure

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

  • 1-unit detached1.2%
  • 1-unit attached3.6%
  • 2-9 units20.6%
  • 10+ units74.0%
  • Mobile home & other0.6%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$117,100
Median rent$1,353
Owner-occupied4.5%
Vacant13.7%
Price-to-income2.5x
Est. income to buy$32,000