02420 ZIP Code – Lexington, Massachusetts

Located in Lexington, Massachusetts, ZIP code 02420 is a mid-sized ZIP code within Middlesex County with a population of approximately 16,356 residents. At $221,458, the median household income here runs well above the Massachusetts average and well above the U.S. average. Homes in this ZIP code have a median value of $1,083,500, well above the national average, with 86.0% owner-occupied housing (decreasing). . Median rent is $2,520, which is well above the U.S. average. Housing consists of 88% single-family (decreasing), 6% apartments (increasing), 6% duplex/multi-family.

The unemployment rate is 3.8%, below the national average. About 2.4% of residents live below the poverty line, well below the national rate. An estimated 85.3% of adults hold a bachelor's degree or higher, well above the national average. Residents have a median age of 45.1, near the U.S. median. ZIP codes in the surrounding area include 02421, 01803, 01731.

ZIP Code 02420 Data

Population 16,356
Median Household Income $221,458
Median Home Value $1,083,500
Median Rent $2,520
Median Age 45.1
Unemployment Rate 3.8%
Poverty Rate 2.4%
Bachelor's Degree or Higher 85.3%

ZIP 02420 vs. Massachusetts vs. U.S.

MetricZIP 02420MA Avg.U.S. Avg.
Population16k13k10k
Median Household Income$221k$107k$73k
Median Home Value$1.1M$528k$258k
Median Rent$2,520$1,563$1,088
Median Age45.144.343.2
Unemployment Rate3.8%5.0%5.0%
Poverty Rate2.4%8.7%13.3%
Bachelor's Degree or Higher85.3%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
02421 LEXINGTON 17,865 $200,294
01803 BURLINGTON 26,004 $134,189
01731 HANSCOM AFB 1,784 $71,250
02476 ARLINGTON 17,739 $138,959
01890 WINCHESTER 22,809 $208,531