How much is a home worth in ZIP code 01902?

The typical home in 01902 is worth $539,303, based on the Zillow Home Value Index.

Are home values rising in 01902?

Home values in 01902 are down 0.1% over the past year, and up 4.6% a year over five years.

What is the typical rent in 01902?

A typical home in 01902 rents for about $2,509 a month, a gross rental yield of 5.6%.

What is the property tax rate in 01902?

The effective property tax rate in 01902 is 1.0% — roughly $5,250 a year on a typical home.

ZIP code 01902 has a population of 50,066 and a median household income of $67,046.

HousingHandbookReference data

…

U.S. ZIP Code · MA01902

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

Typical home value

$539,303^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -0.1%
5-year / yr: +4.6%
10-year / yr: +7.8%

Relative price

vs U.S.: +89.9%
vs metro: -25.7%
vs state: -11.8%

Price history

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

The typical home in 01902 is worth $539,303 — 25.7% below the Boston-Cambridge-Newton, MA-NH median. Over the past year, values have fallen 0.1%. Homes here rent for a typical $2,509 a month — a 5.6% gross rental yield. The effective property tax rate is 1.0%.

#Rent & investment

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

Monthly rent: $2,509^[2]
Gross yield: 5.6%^[2]
Cap rate: 3.3%^[2]

#Property tax

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

Effective tax rate: 1.0%^[3]
Typical annual tax: $5,250^[3]

#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

Population: 50,066^[3]
Median household income: $67,046^[3]

#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: 13
Elementary: 8
Middle: 1
High: 2

Lynn English High
High · Grades 9–12 · Lynn
2,072 students
KIPP Academy Lynn Charter School
Other · Grades K–12 · KIPP Academy Lynn Charter (District)
1,615 students
Lynn Vocational Technical Institute
Other · Grades PK–12 · Lynn
1,557 students
Thurgood Marshall Mid
Middle · Grades 6–8 · Lynn
1,280 students
Ingalls
Elementary · Grades K–5 · Lynn
698 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.

Home value$Monthly rent$

Gross yield5.6%

Net yield (after ~40% expenses)3.3%

Annual rent$30,105

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.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$2,727

Loan principal$431,443

Down payment$107,861

Total interest paid$550,281

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.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.44

Monthly cost to own$3,612

Monthly rent$2,509

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: 24th percentile^[1]
Rental yield: 90th percentile^[2]
Property tax: 37th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 01902?: The typical home in 01902 is worth $539,303, based on the Zillow Home Value Index.
Are home values rising in 01902?: Home values in 01902 are down 0.1% over the past year, and up 4.6% a year over five years.
What is the typical rent in 01902?: A typical home in 01902 rents for about $2,509 a month, a gross rental yield of 5.6%.
What is the property tax rate in 01902?: The effective property tax rate in 01902 is 1.0% — roughly $5,250 a year on a typical home.
Who lives in 01902?: ZIP code 01902 has a population of 50,066 and a median household income of $67,046.

#Comparable ZIPs

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

03884 vs 01902 →
NH
Typical home
$540,605
Gross yield
—
03820 vs 01902 →
Dover, NH
Typical home
$541,283
Gross yield
5.0%
03044
NH
Typical home
$541,285
Gross yield
—
02019
Bellingham CDP, MA
Typical home
$541,962
Gross yield
5.6%
01843
Lawrence, MA
Typical home
$534,334
Gross yield
5.2%
03865
NH
Typical home
$531,438
Gross yield
—

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#Jump to section

U.S. ZIP Code · MA01902

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