HousingHandbookReference data

U.S. ZIP Code · MA01887

Middlesex County · Boston-Cambridge-Newton, MA-NH

Typical home value

$790,402[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+2.0%
5-year / yr
+4.8%
10-year / yr
+5.4%

Relative price

vs U.S.
+178.2%
vs metro
+8.9%
vs state
+29.2%
ZIP 01887 location in MA
Location of ZIP 01887 in MA

Price history

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

The typical home in 01887 is worth $790,402 — 8.9% above the Boston-Cambridge-Newton, MA-NH median. Over the past year, values have risen 2.0%. Homes here rent for a typical $3,234 a month — a 4.9% 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
$3,234[2]
Gross yield
4.9%[2]
Cap rate
2.9%[2]

#Property tax

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

Effective tax rate
1.1%[3]
Typical annual tax
$8,441[3]

#Climate risk

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

Overall risk
Relatively High[4]
Riverine flood
Relatively High
Coastal flood
Relatively Low
Wildfire
Relatively Low
Drought
Relatively Moderate
Heat wave
Relatively Moderate
Hurricane
Relatively High
Tornado
Relatively Moderate
Earthquake
Relatively Moderate
Winter weather
Relatively Moderate

#Who lives here

Population
23,336[3]
Median household income
$168,152[3]

#Migration

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

Net migration
-5,282[5]
Moved in
47,132
Moved out
52,414

Schools

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

Public schools
7
Elementary
5
Middle
1
High
1
  • Wilmington Middle School

    Middle · Grades 6–8 · Wilmington

    781 students

  • Wilmington High

    High · Grades 9–12 · Wilmington

    613 students

  • Woburn Street

    Elementary · Grades 1–3 · Wilmington

    358 students

  • Shawsheen Elementary

    Elementary · Grades 1–3 · Wilmington

    342 students

  • West Intermediate

    Elementary · Grades 4–5 · Wilmington

    273 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 yield4.9%
Net yield (after ~40% expenses)2.9%
Annual rent$38,805

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$3,997
Loan principal$632,322
Down payment$158,080
Total interest paid$806,492

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 ratio1.66
Monthly cost to own$5,360
Monthly rent$3,234

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
30th percentile[1]
Rental yield
66th percentile[2]
Property tax
49th percentile[3]

Frequently asked

How much is a home worth in ZIP code 01887?
The typical home in 01887 is worth $790,402, based on the Zillow Home Value Index.
Are home values rising in 01887?
Home values in 01887 are up 2.0% over the past year, and up 4.8% a year over five years.
What is the typical rent in 01887?
A typical home in 01887 rents for about $3,234 a month, a gross rental yield of 4.9%.
What is the property tax rate in 01887?
The effective property tax rate in 01887 is 1.1% — roughly $8,441 a year on a typical home.
Who lives in 01887?
ZIP code 01887 has a population of 23,336 and a median household income of $168,152.

#Comparable ZIPs

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

  • Groton CDP, MA

    Typical home
    $790,501
    Gross yield
  • Littleton Common CDP, MA

    Typical home
    $792,280
    Gross yield
    4.9%
  • MA

    Typical home
    $783,814
    Gross yield
  • NH

    Typical home
    $799,336
    Gross yield
  • Rowley CDP, MA

    Typical home
    $799,794
    Gross yield
  • NH

    Typical home
    $777,883
    Gross yield

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