HousingHandbookReference data

U.S. ZIP Code · MA01005

Worcester County · Worcester, MA

Typical home value

$412,269[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+1.5%
5-year / yr
+6.7%
10-year / yr
+7.6%

Relative price

vs U.S.
+45.1%
vs metro
-13.5%
vs state
-32.6%
ZIP 01005 location in MA
Location of ZIP 01005 in MA

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 01005 is worth $412,269 — 13.5% below the Worcester, MA median. Over the past year, values have risen 1.5%. The effective property tax rate is 1.2%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
1.2%[3]
Typical annual tax
$4,902[3]

#Climate risk

FEMA National Risk Index ratings for Worcester County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Moderate[4]
Riverine flood
Relatively High
Coastal flood
Not Applicable
Wildfire
Very Low
Drought
Relatively Moderate
Heat wave
Relatively Moderate
Hurricane
Relatively High
Tornado
Relatively Moderate
Earthquake
Relatively Low
Winter weather
Relatively Moderate

#Who lives here

Population
5,204[3]
Median household income
$111,148[3]

#Migration

Household moves in and out of Worcester County over a year, from IRS tax-return data.

Net migration
-1,467[5]
Moved in
15,745
Moved out
17,212

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
3
Elementary
1
Middle
1
High
1
  • Quabbin Regional High School

    High · Grades 9–12 · Quabbin

    567 students

  • Quabbin Regional Middle School

    Middle · Grades 6–8 · Quabbin

    527 students

  • Ruggles Lane

    Elementary · Grades PK–5 · Quabbin

    381 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield
Net yield (after ~40% expenses)
Annual rent

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$2,085
Loan principal$329,815
Down payment$82,454
Total interest paid$420,661

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio
Monthly cost to own$2,837
Monthly rent

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
78th percentile[1]
Rental yield
[2]
Property tax
31st percentile[3]

Frequently asked

How much is a home worth in ZIP code 01005?
The typical home in 01005 is worth $412,269, based on the Zillow Home Value Index.
Are home values rising in 01005?
Home values in 01005 are up 1.5% over the past year, and up 6.7% a year over five years.
What is the property tax rate in 01005?
The effective property tax rate in 01005 is 1.2% — roughly $4,902 a year on a typical home.
Who lives in 01005?
ZIP code 01005 has a population of 5,204 and a median household income of $111,148.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • West Brookfield CDP, MA

    Typical home
    $412,077
    Gross yield
  • MA

    Typical home
    $416,454
    Gross yield
  • Brookfield CDP, MA

    Typical home
    $406,522
    Gross yield
  • Winchendon CDP, MA

    Typical home
    $404,921
    Gross yield
  • Baldwinville CDP, MA

    Typical home
    $420,118
    Gross yield
  • Fitchburg, MA

    Typical home
    $402,115
    Gross yield
    5.5%

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