02053 ZIP Code – Medway, Massachusetts
Located in Medway, Massachusetts, ZIP code 02053 is a mid-sized ZIP code within Norfolk County with a population of approximately 13,164 residents. Residents earn a median household income of $165,614, which is well above the Massachusetts average and well above the national figure. Median home values of $546,700 are well above the national average, with 85.9% owner-occupied housing (decreasing). , with median rent coming in at $1,531 — above the national figure. Housing consists of 84% single-family (increasing), 8% apartments (decreasing), 7% duplex/multi-family.
Unemployment stands at 4.1%, which is below the U.S. rate. An estimated 3.1% of the population falls below the poverty line, well below the national figure. An estimated 61.9% of adults hold a bachelor's degree or higher, well above the national average. At 39.5, the median age is near the national figure. The surrounding area includes ZIP codes 01746, 02054, 01757.
ZIP Code 02053 Data
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ZIP 02053 vs. Massachusetts vs. U.S.
| Metric | ZIP 02053 | MA Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 13k | 13k | 10k |
| Median Household Income | $165k | $107k | $73k |
| Median Home Value | $546k | $528k | $258k |
| Median Rent | $1,531 | $1,563 | $1,088 |
| Median Age | 39.5 | 44.3 | 43.2 |
| Unemployment Rate | 4.1% | 5.0% | 5.0% |
| Poverty Rate | 3.1% | 8.7% | 13.3% |
| Bachelor's Degree or Higher | 61.9% | 47.7% | 26.9% |
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Nearby ZIP Codes
- 01746 – Holliston
- 02054 – Millis
- 01757 – Milford
- 02038 – Franklin
- 02056 – Norfolk
- 02019 – Bellingham
- 01747 – Hopedale
- 01770 – Sherborn
- 02052 – Medfield
- 01721 – Ashland
Nearby ZIP Code Comparison
| ZIP Code | City | Population | Median Income |
|---|---|---|---|
| 01746 | HOLLISTON | 14,902 | $149,614 |
| 02054 | MILLIS | 8,565 | $140,816 |
| 01757 | MILFORD | 30,411 | $93,100 |
| 02038 | FRANKLIN | 32,777 | $138,062 |
| 02056 | NORFOLK | 11,527 | $182,716 |