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ZIP Code 02305 — undefined, undefined Demographics & Data

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

Working Class

At a glance

Population
4,293
Density
N/A
Median income
$54,292
-28% vs US avg
Home value
$424,400
+22% vs US avg
Median rent
$1,494
+28% vs US avg
Timezone
N/A

Overview of ZIP Code 02305

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What to know about ZIP 02305

ZIP code 02305 covers ZIP 02305 with a population of about 4,293.

At a glance, the area shows median age of 31.3 versus a U.S. median of about 38.9.

It sits in the BOSTON (MANCHESTER) media market.

Income and economy in ZIP 02305

Median household income in ZIP 02305 is about $54,292 — about 28% below the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 20.7%; unemployment rate near 10.2%; 23.5% of adults with a bachelor’s degree or higher (about 10.2 points below the national share (33.7%)).

Labor and commute patterns include leading industry context around Healthcare, Public administration, and Construction; about 2.5% of workers reporting work-from-home (about 12.7 points below the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Housing and affordability in ZIP 02305

Median home value is about $424,400 — about 22% above the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $1,494 (about 28% above the U.S. median rent ($1,163)), and owner-occupancy near 23.2% (about 42.2 points below the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 02305, a household would need roughly $117,000 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 $2,726. That is about 116% above the local median household income ($54,292), 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.