HousingHandbookReference data

U.S. ZIP Code · MA01545

Worcester County · Worcester, MA

Typical home value

$696,202[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+0.8%
5-year / yr
+6.4%
10-year / yr
+6.0%

Relative price

vs U.S.
+145.1%
vs metro
+46.0%
vs state
+13.8%
ZIP 01545 location in MA
Location of ZIP 01545 in MA

Price history

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

The typical home in 01545 is worth $696,202 — 46.0% above the Worcester, MA median. Over the past year, values have risen 0.8%. Homes here rent for a typical $2,395 a month — a 4.1% gross rental yield. The effective property tax rate is 1.1%.

#Rent & investment

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

Monthly rent
$2,395[2]
Gross yield
4.1%[2]
Cap rate
2.5%[2]

#Property tax

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

Effective tax rate
1.1%[3]
Typical annual tax
$7,885[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
38,876[3]
Median household income
$139,302[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
9
Elementary
5
Middle
2
High
1
  • Shrewsbury High School

    High · Grades 9–12 · Shrewsbury

    1,879 students

  • Oak Middle School

    Middle · Grades 7–8 · Shrewsbury

    941 students

  • Sherwood Middle School

    Middle · Grades 5–6 · Shrewsbury

    917 students

  • Major Howard W. Beal School

    Elementary · Grades K–4 · Shrewsbury

    608 students

  • Floral Street School

    Elementary · Grades K–4 · Shrewsbury

    542 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 yield4.1%
Net yield (after ~40% expenses)2.5%
Annual rent$28,740

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$3,520
Loan principal$556,961
Down payment$139,240
Total interest paid$710,373

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 ratio1.99
Monthly cost to own$4,756
Monthly rent$2,395

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
69th percentile[1]
Rental yield
8th percentile[2]
Property tax
22nd percentile[3]

Frequently asked

How much is a home worth in ZIP code 01545?
The typical home in 01545 is worth $696,202, based on the Zillow Home Value Index.
Are home values rising in 01545?
Home values in 01545 are up 0.8% over the past year, and up 6.4% a year over five years.
What is the typical rent in 01545?
A typical home in 01545 rents for about $2,395 a month, a gross rental yield of 4.1%.
What is the property tax rate in 01545?
The effective property tax rate in 01545 is 1.1% — roughly $7,885 a year on a typical home.
Who lives in 01545?
ZIP code 01545 has a population of 38,876 and a median household income of $139,302.

#Comparable ZIPs

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

  • Northborough CDP, MA

    Typical home
    $701,180
    Gross yield
    5.1%
  • MA

    Typical home
    $683,744
    Gross yield
  • MA

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

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

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

    Typical home
    $740,560
    Gross yield
    4.4%

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

Compare ZIPs

Pit ZIP 01545 against any other ZIP — full side-by-side table.

Compare 01545

#Jump to section