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ZIP 02722 — Housing & Real Estate

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

Low Income Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 02722

Median Home Value
$209,200
Median Rent
$757
Affordability Snapshot
$58,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,344/mo PITI).

38%
Rent-to-Income Ratio

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

8.7x
Home Price-to-Income Ratio

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

23.0 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 02722, a household would need roughly $58,000 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 $1,344. That is about 141% above the local median household income ($24,069), 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

Vacancy rate 11% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
3.1%-95% vs US avg
x
Vacancy Rate
11.4%+10% vs US avg
x
Broadband Access
63.3%-27% vs US avg
x
4+ Bedrooms
2.4%-84% vs US avg
x
Built Pre-1939
4.3%-67% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
30.9%-38% vs US avg
x
Mortgage-Free
22.6%-41% vs US avg
x
$209,200
Home Value
$757
Rent
1938
Year Built
2016
Moved In

Residents have lived here since ~2016 on average

Housing Structure

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

  • 1-unit detached2.3%
  • 1-unit attached1.3%
  • 2-9 units43.4%
  • 10+ units53.0%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$209,200
Median rent$757
Owner-occupied3.1%
Vacant11.4%
Price-to-income8.7x
Est. income to buy$58,000