02462 ZIP Code – Newton Lower Falls, Massachusetts
02462 is a small ZIP code in Newton Lower Falls, Massachusetts, part of Middlesex County with a population of approximately 1,438 residents. The median household income of $136,375 is above the Massachusetts average and well above the national average. Homes in this ZIP code have a median value of $1,217,200, well above the national average, with 72.6% owner-occupied housing (increasing). . Median rent is $1,533, which is above the U.S. average. Housing consists of 75% single-family (stable), 15% apartments (decreasing), 10% duplex/multi-family.
The area reports an unemployment rate of 1.2%, well below the national average. An estimated 6.7% of the population falls below the poverty line, well below the national figure. 67.7% of adults hold a bachelor's degree or higher, well above the U.S. average. At 50.9, the median age is above the national figure. Neighboring ZIP codes include 02466, 02468, 02481.
ZIP Code 02462 Data
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ZIP 02462 vs. Massachusetts vs. U.S.
| Metric | ZIP 02462 | MA Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 1,438 | 13k | 10k |
| Median Household Income | $136k | $107k | $73k |
| Median Home Value | $1.2M | $528k | $258k |
| Median Rent | $1,533 | $1,563 | $1,088 |
| Median Age | 50.9 | 44.3 | 43.2 |
| Unemployment Rate | 1.2% | 5.0% | 5.0% |
| Poverty Rate | 6.7% | 8.7% | 13.3% |
| Bachelor's Degree or Higher | 67.7% | 47.7% | 26.9% |
Demographics Charts
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Education Level (adults 25+)
Nearby ZIP Codes
- 02466 – Auburndale
- 02468 – Waban
- 02481 – Wellesley Hills
- 02465 – West Newton
- 02464 – Newton Upper Falls
- 02494 – Needham Heights
- 02461 – Newton Highlands
- 02453 – Waltham
- 02460 – Newtonville
- 02493 – Weston
Nearby ZIP Code Comparison
| ZIP Code | City | Population | Median Income |
|---|---|---|---|
| 02466 | AUBURNDALE | 8,859 | $144,934 |
| 02468 | WABAN | 5,589 | $250,000+ |
| 02481 | WELLESLEY HILLS | 17,100 | $250,000+ |
| 02465 | WEST NEWTON | 11,823 | $178,333 |
| 02464 | NEWTON UPPER FALLS | 3,440 | $126,346 |