HousingHandbookReference data

U.S. ZIP Code · MA01083

Worcester County · Worcester, MA

Typical home value

$355,343[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-1.7%
5-year / yr
+5.3%
10-year / yr
+6.9%

Relative price

vs U.S.
+25.1%
vs metro
-25.5%
vs state
-41.9%
ZIP 01083 location in MA
Location of ZIP 01083 in MA

Price history

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

The typical home in 01083 is worth $355,343 — 25.5% below the Worcester, MA median. Over the past year, values have fallen 1.7%. The effective property tax rate is 1.4%.

#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
1.4%[3]
Typical annual tax
$4,810[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
2,858[3]
Median household income
$64,032[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
0
Middle
1
High
1
  • Quaboag Regional High

    High · Grades 9–12 · Quaboag Regional

    344 students

  • Quaboag Regional Middle Innovation School

    Middle · Grades 7–8 · Quaboag Regional

    170 students

  • Quaboag Integrated Preschool

    Prekindergarten · Grades PK · Quaboag Regional

    53 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$1,797
Loan principal$284,274
Down payment$71,069
Total interest paid$362,576

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$2,493
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
8th percentile[1]
Rental yield
[2]
Property tax
79th percentile[3]

Frequently asked

How much is a home worth in ZIP code 01083?
The typical home in 01083 is worth $355,343, based on the Zillow Home Value Index.
Are home values rising in 01083?
Home values in 01083 are down 1.7% over the past year, and up 5.3% a year over five years.
What is the property tax rate in 01083?
The effective property tax rate in 01083 is 1.4% — roughly $4,810 a year on a typical home.
Who lives in 01083?
ZIP code 01083 has a population of 2,858 and a median household income of $64,032.

#Comparable ZIPs

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

  • Athol CDP, MA

    Typical home
    $348,842
    Gross yield
    4.6%
  • Gardner, MA

    Typical home
    $373,967
    Gross yield
    5.1%
  • Worcester, MA

    Typical home
    $374,172
    Gross yield
    6.9%
  • Southbridge Town, MA

    Typical home
    $380,230
    Gross yield
    5.7%
  • North Brookfield CDP, MA

    Typical home
    $388,132
    Gross yield
  • MA

    Typical home
    $388,966
    Gross yield

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