01562 ZIP Code – Spencer, Massachusetts

Located in Spencer, Massachusetts, ZIP code 01562 is a mid-sized ZIP code within Worcester County with a population of approximately 11,955 residents. Residents earn a median household income of $76,225, which is below the Massachusetts average and near the national figure. At $333,400, median home values run above the national average, with 63.0% owner-occupied housing (decreasing). , with median rent coming in at $1,077 — near the national figure. Housing consists of 62% single-family (decreasing), 14% apartments (increasing), 24% duplex/multi-family.

The unemployment rate is 5.8%, above the national average. About 7.7% of residents live below the poverty line, well below the national rate. About 27.5% of residents have completed a four-year degree, near the national rate. Residents have a median age of 48.9, near the U.S. median. Neighboring ZIP codes include 01524, 01515, 01535.

ZIP Code 01562 Data

Population 11,955
Median Household Income $76,225
Median Home Value $333,400
Median Rent $1,077
Median Age 48.9
Unemployment Rate 5.8%
Poverty Rate 7.7%
Bachelor's Degree or Higher 27.5%

ZIP 01562 vs. Massachusetts vs. U.S.

MetricZIP 01562MA Avg.U.S. Avg.
Population11k13k10k
Median Household Income$76k$107k$73k
Median Home Value$333k$528k$258k
Median Rent$1,077$1,563$1,088
Median Age48.944.343.2
Unemployment Rate5.8%5.0%5.0%
Poverty Rate7.7%8.7%13.3%
Bachelor's Degree or Higher27.5%47.7%26.9%

Demographics Charts

Race & Ethnicity

Gender

Education Level (adults 25+)

Nearby ZIP Codes

Nearby ZIP Code Comparison

ZIP Code City Population Median Income
01524 LEICESTER 6,077 $88,933
01515 EAST BROOKFIELD 2,120 $77,122
01535 NORTH BROOKFIELD 4,750 $80,380
01542 ROCHDALE 2,815 $106,719
01612 PAXTON 5,013 $130,787