U.S. ZIP Code · MA01840
Essex County · Boston-Cambridge-Newton, MA-NH
Appreciation
- 1-year
- +4.2%
- 5-year / yr
- +6.4%
- 10-year / yr
- +9.2%
Relative price
- vs U.S.
- +31.7%
- vs metro
- -48.4%
- vs state
- -38.8%
Price history
Zillow Home Value Index — monthly, smoothed and seasonally adjusted.
The typical home in 01840 is worth $374,239 — 48.4% below the Boston-Cambridge-Newton, MA-NH median. Over the past year, values have risen 4.2%. Homes here rent for a typical $2,390 a month — a 7.7% gross rental yield.
#Rent & investment
Typical asking rent, and the returns it implies at the current home value.
#Property tax
Effective rate — total real estate taxes paid relative to total home value.
#Climate risk
FEMA National Risk Index ratings for Essex County. "Not Applicable" means the hazard does not threaten the county.
- Overall risk
- Relatively High[4]
- Riverine flood
- Relatively High
- Coastal flood
- Very High
- Wildfire
- Very Low
- Drought
- Relatively Moderate
- Heat wave
- Relatively Moderate
- Hurricane
- Relatively High
- Tornado
- Relatively High
- Earthquake
- Relatively Moderate
- Winter weather
- Relatively Low
#Who lives here
#Migration
Household moves in and out of Essex County over a year, from IRS tax-return data.
- Net migration
- -1,940[5]
- Moved in
- 16,251
- Moved out
- 18,191
Schools
Open public schools in this ZIP, from the NCES Common Core of Data.
- Public schools
- 4
- Elementary
- 2
- Middle
- 1
- High
- 1
Francis M Leahy
Elementary · Grades PK–5 · Lawrence
482 students
Oliver Elementary School
Elementary · Grades 1–5 · Lawrence
462 students
Oliver Middle School
Middle · Grades 6–8 · Lawrence
346 students
Phoenix Academy Public Charter High School Lawrence
High · Grades 9–12 · Phoenix Academy Public Charter High School Lawrence (Distric
114 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 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.
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.
Owning and renting are roughly even.
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.
Rankings
Top-10 lists this ZIP code appears on.
Frequently asked
- How much is a home worth in ZIP code 01840?
- The typical home in 01840 is worth $374,239, based on the Zillow Home Value Index.
- Are home values rising in 01840?
- Home values in 01840 are up 4.2% over the past year, and up 6.4% a year over five years.
- What is the typical rent in 01840?
- A typical home in 01840 rents for about $2,390 a month, a gross rental yield of 7.7%.
- Who lives in 01840?
- ZIP code 01840 has a population of 8,522 and a median household income of $42,211.
#Comparable ZIPs
Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.
Rochester, NH
- Typical home
- $397,358
- Gross yield
- —
Rochester, NH
- Typical home
- $413,958
- Gross yield
- —
Milton Mills CDP, NH
- Typical home
- $414,332
- Gross yield
- —
Rochester, NH
- Typical home
- $419,452
- Gross yield
- —
Union CDP, NH
- Typical home
- $421,326
- Gross yield
- —
Farmington CDP, NH
- Typical home
- $422,300
- Gross yield
- —
Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →
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Pit ZIP 01840 against any other ZIP — full side-by-side table.
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