HousingHandbookReference data

U.S. ZIP Code · MA01532

Worcester County · Worcester, MA

Typical home value

$701,180[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+1.5%
5-year / yr
+6.3%
10-year / yr
+6.0%

Relative price

vs U.S.
+146.8%
vs metro
+47.1%
vs state
+14.6%
ZIP 01532 location in MA
Location of ZIP 01532 in MA

Price history

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

The typical home in 01532 is worth $701,180 — 47.1% above the Worcester, MA median. Over the past year, values have risen 1.5%. Homes here rent for a typical $3,005 a month — a 5.1% gross rental yield. 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
$3,005[2]
Gross yield
5.1%[2]
Cap rate
3.1%[2]

#Property tax

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

Effective tax rate
1.4%[3]
Typical annual tax
$9,622[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
15,750[3]
Median household income
$153,199[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
6
Elementary
4
Middle
1
High
1
  • Algonquin Regional High

    High · Grades 9–12 · Northboro-Southboro

    1,194 students

  • Robert E. Melican Middle School

    Middle · Grades 6–8 · Northborough

    569 students

  • Lincoln Street

    Elementary · Grades K–5 · Northborough

    282 students

  • Marguerite E Peaslee

    Elementary · Grades K–5 · Northborough

    281 students

  • Marion E Zeh

    Elementary · Grades K–5 · Northborough

    255 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 yield5.1%
Net yield (after ~40% expenses)3.1%
Annual rent$36,057

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$3,546
Loan principal$560,944
Down payment$140,236
Total interest paid$715,453

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 ratio1.64
Monthly cost to own$4,930
Monthly rent$3,005

Renting is meaningfully cheaper month-to-month.

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
57th percentile[1]
Rental yield
42nd percentile[2]
Property tax
86th percentile[3]

Frequently asked

How much is a home worth in ZIP code 01532?
The typical home in 01532 is worth $701,180, based on the Zillow Home Value Index.
Are home values rising in 01532?
Home values in 01532 are up 1.5% over the past year, and up 6.3% a year over five years.
What is the typical rent in 01532?
A typical home in 01532 rents for about $3,005 a month, a gross rental yield of 5.1%.
What is the property tax rate in 01532?
The effective property tax rate in 01532 is 1.4% — roughly $9,622 a year on a typical home.
Who lives in 01532?
ZIP code 01532 has a population of 15,750 and a median household income of $153,199.

#Comparable ZIPs

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

  • Worcester, MA

    Typical home
    $696,202
    Gross yield
    4.1%
  • MA

    Typical home
    $712,585
    Gross yield
  • Upton CDP, MA

    Typical home
    $714,189
    Gross yield
    3.7%
  • MA

    Typical home
    $683,744
    Gross yield
  • MA

    Typical home
    $667,841
    Gross yield
    5.0%
  • Westborough CDP, MA

    Typical home
    $740,560
    Gross yield
    4.4%

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