Connect with us

Massachusetts

Here Are The 30 Most Expensive ZIP Codes In Massachusetts, Per Zillow Data

Published

on

Here Are The 30 Most Expensive ZIP Codes In Massachusetts, Per Zillow Data


Massachusetts stands among the top five states in the United States in terms of income, boasting a household income of $99,858 and a mean household income of $138,516, according to the Census Bureau. Affluence is a hallmark of many places in Massachusetts, both of regular suburbs and resort areas.

For this article, we wanted to breakdown the most expensive ZIP codes in Massachusetts. Vacation spots in Nantucket, Martha’s Vineyard, Cape Code, and the Berkshires not surprisingly are home to many of the most expensive ZIP codes. But so does the Boston metro area. Read on to find out the most expensive ZIP codes in Massachusetts in 2024, based on the latest data from Zillow’s home value index.

Advertisement

The Most Expensive ZIP Codes in Massachusetts

Harnessing data from Zillow’s home value index, as well as the Census Bureau’s 2023 American Community Survey, we analyzed thousands of ZIP codes across the U.S. as part of a general survey. From there, we focused our attention on Massachusetts. The Zillow home value index tracks (as of September 2024) the home values of 484 ZIP codes in Massachusetts. As part of our analysis, we took into consideration the latest monthly home values Zillow has — September 2024 — as well as the average of 12 months of median home values from October 2023 to September 2024. While home values have grown immensely across America since the pandemic-induced buying frenzy, home value appreciation in Massachusetts stands out. One of the most expensive ZIP codes in Massachusetts witnessed home values surge by 84.8% over the last five years.

Some very clear patterns emerge from this analysis. The majority of the most expensive ZIP codes in Massachusetts are contained within just a couple of metropolitan areas. Below are the 25 most expensive ZIP codes in Massachusetts.

The Top 5 Most Expensive ZIP Codes in Massachusetts

ZIP code 02554 is the most expensive one in Massachusetts. This ZIP code covers the affluent island of Nantucket. This shouldn’t come as too much of a surprise considering Nantucket and Martha’s Vineyard are well-known for attracting wealthy residents. The 12-month average home value is just over $2.7 million, while the median home value was over $2.77 million in September 2024. That is up an incredible 57.5% from five years before, when the median home value was roughly $1.76 million in September 2019.

Moving over to Nantucket’s neighbor, ZIP code 02535 covers the southwestern portion of Martha’s Vineyard. Incomes are high in ZIP code 02535, with the median household income being $135,750 and the average household income $223,352. Just over 29% of households in ZIP code 02535 earn $200,000 or more a year. Back in September 2019, the median home value was nearly $1.478 million, before rising by 58.8% over five years, reaching $2.346 million in September 2024. Notably, though, the median home value fell slightly, by 2%, from the previous September, when it was just under $2.395 million.

Advertisement

The No. 3 most expensive ZIP code in Massachusetts is 02493, which is centered on Weston, a suburb west of Boston. Household incomes in ZIP code 02493 are much higher than those on Nantucket and Martha’s Vineyard, believe it or not. The median household income in ZIP code 02493 is over $250,000 a year, while the mean household income is $365,202. The majority of households in 02493 earn $200,000 or more. Home value appreciation here has been robust. The median home value rose by 59.1%, from around $1.374 million in September 2019 to $2.186 million in September 2024.

South of the No. 3 most expensive ZIP code is the No. 4, ZIP code 02481. This ZIP code is centered on Wellesley, though actually wraps around the town, including places like Wellesley Farms, Wellesley Lower Falls, and Wellesley College itself. There are some serious high-earners in this ZIP code. The median household income is over $250,000, with the average household income topping $414,000 per year. Here’s another ZIP code where home values increased substantially. From a median of nearly $1.357 million in September 2019, the median home value increased by 53.1%, to reach $2.077 million. Indeed, it’s up 6.3% year-over-year.

The fifth most expensive ZIP code in Massachusetts is based on the village of Waban, which is part of the larger city of Newton: 02468. This is another western suburb of Boston. Like the other expensive suburban ZIP codes of Boston, incomes are very high in 02468. Incredibly, 71.3% of households in 02468 earn $200,000 or more. The median household income here is more than $250,000 per year; the mean household income is $382,509. Home values here rose by 45.3% in five years, not as large a growth rate as the other ZIP codes among our top five, yet still substantial. In September 2024, the median home value breached $2 million.



Source link

Advertisement
Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Massachusetts

French-Mediterranean Eatery Charts Opening In Boston

Published

on

French-Mediterranean Eatery Charts Opening In Boston


BOSTON, MA — An international restaurant group with locations across the globe is preparing to open its first Massachusetts restaurant this year.

LPM Restaurant & Bar, a French Riviera-inspired restaurant founded in London, is set to open on the second floor of the Four Seasons Hotel One Dalton Street in Back Bay, according to Four Seasons. The hotel lists the restaurant as “Opening Summer 2026,” while the Boston Business Journal reported the restaurant plans to open in September.

The Boston restaurant will mark LPM’s debut in the Northeast and its third U.S. outpost, following locations in Miami and Las Vegas, according to a Four Seasons announcement.

LPM, also known as La Petite Maison, was founded in London in 2007 and is known for French-Mediterranean food, Mediterranean ingredients and dining rooms influenced by Belle Époque design.

Advertisement

The business operates locations in London, Dubai, Miami, Abu Dhabi, Hong Kong, Riyadh, Limassol, Doha, Mykonos, Kuwait, Boston, Maldives and Bangkok.

Four Seasons said LPM will take over the space that formerly housed One Dalton’s breakfast concept, One + One. The restaurant will join other dining options at the hotel, including Zuma and Trifecta.

See Also:





Source link

Advertisement
Continue Reading

Massachusetts

Massachusetts high school under investigation after teachers diagnosed with breast cancer

Published

on

Massachusetts high school under investigation after teachers diagnosed with breast cancer


A Massachusetts high school is under investigation after “several” teachers have been diagnosed with breast cancer or precancerous conditions.

The state Department of Public Health is set to visit Uxbridge High School on Thursday to “conduct a series of air quality tests,” to determine whether the multiple cases are potentially connected.

Superintendent David Ljungberg and Principal Michael Rubin alerted families and district staff on Monday of the “sombering news,” after Uxbridge High School’s graduation over the weekend.

“We are writing to inform you about a concern we are investigating at Uxbridge High School,” Ljungberg and Rubin stated in the letter. “Several female teachers have been diagnosed with breast cancer or precancerous conditions over the past few years.”

Advertisement

“It is, of course, possible that these multiple cases are not connected to one another,” the leaders added, “but out of abundance of caution, we are looking into any environmental factors at the school that may be a factor in their diagnoses.”

The 123,000-square-foot school, with an enrollment of roughly 600, was constructed in 2012 at a cost of $45 million, including a $22-million state reimbursement.

Uxbridge school leaders say they notified the state Department of Health and local health board as soon as they became aware of the cases, seeking “counsel about how best to proceed.”

“Massachusetts DPH officials have indicated that there is no evidence of immediate danger in the building and no reason to limit access to or use of the facility at this time,” they wrote in their letter. “In fact, the public health officials have commended our decision to approach them with these concerns, our readiness to partner with them in support of the evaluation process.”

Health officials are assessing the school’s interior and exterior to “ensure there are no issues with the infrastructure that would present risks (including electrical, plumbing, mechanical, HVAC, and other systems)” and the indoor and outdoor air quality on campus.

Advertisement

The superintendent and principal said that state officials have ruled out water supply as a “risk factor” after “thorough testing.”

“The team has reached out to the women who have been diagnosed, requesting data to evaluate whether there may be a connection among their cases,” Ljungberg and Rubin wrote. “We are grateful for their cooperation.”

They added that the state has said discovering an environmental “smoking gun” is “rare” in workplace investigations.

“However, even if a direct causal link is not established,” the leaders wrote, “the administration is utilizing this process to rigorously test the building and guarantee that it meets all safety standards moving forward.”

Advertisement



Source link

Continue Reading

Massachusetts

Gov. Healey backs bill to keep Mass. bars open until 3 a.m. this summer

Published

on

Gov. Healey backs bill to keep Mass. bars open until 3 a.m. this summer


Local News

The legislation would allow licensed establishments to sell alcohol one hour later than their normal closing time, up to 3 a.m., between June 1 and Aug. 31, 2026.

The proposal has received support from Boston Mayor Michelle Wu and most recently Gov. Maura Healey, who submitted written testimony Monday to the Joint Committee on Economic Development and Emerging Technologies urging lawmakers to advance the measure. (Jessica Rinaldi/Globe Staff)

Massachusetts lawmakers are considering a measure that would allow cities and towns to temporarily extend bar and restaurant hours during the summer, as the state prepares to host FIFA World Cup matches and celebrations marking the nation’s 250th anniversary.

The legislation (H.5465) filed by state Rep. Carole Fiola, would allow licensed establishments to sell alcohol one hour later than their normal closing time, up to 3 a.m., between June 1 and Aug. 31, 2026. The bill would also allow communities to establish designated public consumption districts where alcohol could be consumed in approved public spaces.

Advertisement

In a press release announcing the bill, Fiola said the summer’s threefold events lineup — the World Cup, Tall Ships, and July 4th — is an economically significant moment that the state should take advantage of.

“We should capitalize on these events that will generate economic benefits for small businesses and the state as a whole. It’s a local opt-in idea worth exploring that’s being done in other states,” Fiola said.

The proposal has received support from Boston Mayor Michelle Wu and most recently Gov. Maura Healey, who submitted written testimony Monday to the Joint Committee on Economic Development and Emerging Technologies urging lawmakers to advance the measure.

“Massachusetts is planning for a once-in-a-generation summer,” Healey wrote, according to the Boston Globe. “In 2026, we will celebrate the 250th anniversary of our nation’s founding, welcome tall ships from around the world to Boston Harbor for Sail Boston, and host seven FIFA World Cup matches in Foxborough, along with watch parties across the Commonwealth.”

The governor argued that the added flexibility could help local economies benefit from an influx of visitors.

Advertisement

“That flexibility can help communities capture more visitor spending, support jobs, keep downtowns active, and strengthen Massachusetts’ image as a dynamic destination ready to host the world and a place our residents, including our young professionals, are proud to call home,” Healey wrote.

She also urged lawmakers to move the legislation forward, saying it will “help Massachusetts meet the full economic and cultural opportunities for the summer ahead.”


  • Rhode Island bill proposes 24-hour bar hours during World Cup

In Rhode Island, a similar bill to allow bars and restaurants to remain open until 4 a.m. during the World Cup was signed into law on Friday.

Fiola’s bill remains before the Joint Committee on Economic Development and Emerging Technologies. Any final version would require approval from both the House and Senate before reaching Healey’s desk.

Advertisement
Profile image for Annie Jonas

Annie Jonas is a Community writer at Boston.com. She was previously a local editor at Patch and a freelancer at the Financial Times.

⚽ Get the latest World Cup news

Receive updates on the 2026 FIFA World Cup





Source link

Advertisement
Continue Reading
Advertisement

Trending