HousingHandbookReference data

U.S. ZIP Code · MA01905

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

Typical home value

$579,161[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+0.1%
5-year / yr
+4.8%
10-year / yr
+7.8%

Relative price

vs U.S.
+103.9%
vs metro
-20.2%
vs state
-5.3%
ZIP 01905 location in MA
Location of ZIP 01905 in MA

Price history

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

The typical home in 01905 is worth $579,161 — 20.2% below the Boston-Cambridge-Newton, MA-NH median. Over the past year, values have risen 0.1%. Homes here rent for a typical $2,622 a month — a 5.4% 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
$2,622[2]
Gross yield
5.4%[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
$5,575[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
28,221[3]
Median household income
$84,333[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
10
Elementary
7
Middle
1
High
1
  • Classical High

    High · Grades 9–12 · Lynn

    1,878 students

  • Breed Middle School

    Middle · Grades 6–8 · Lynn

    1,253 students

  • Wm P Connery

    Elementary · Grades K–5 · Lynn

    554 students

  • A Drewicz Elementary

    Elementary · Grades K–5 · Lynn

    492 students

  • Julia F Callahan

    Elementary · Grades PK–5 · Lynn

    394 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 yield5.4%
Net yield (after ~40% expenses)3.3%
Annual rent$31,461

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$2,929
Loan principal$463,329
Down payment$115,832
Total interest paid$590,951

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 ratio1.48
Monthly cost to own$3,875
Monthly rent$2,622

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
86th percentile[2]
Property tax
36th percentile[3]

Frequently asked

How much is a home worth in ZIP code 01905?
The typical home in 01905 is worth $579,161, based on the Zillow Home Value Index.
Are home values rising in 01905?
Home values in 01905 are up 0.1% over the past year, and up 4.8% a year over five years.
What is the typical rent in 01905?
A typical home in 01905 rents for about $2,622 a month, a gross rental yield of 5.4%.
What is the property tax rate in 01905?
The effective property tax rate in 01905 is 1.0% — roughly $5,575 a year on a typical home.
Who lives in 01905?
ZIP code 01905 has a population of 28,221 and a median household income of $84,333.

#Comparable ZIPs

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

  • NH

    Typical home
    $576,725
    Gross yield
  • MA

    Typical home
    $576,542
    Gross yield
  • NH

    Typical home
    $576,173
    Gross yield
  • Methuen Town, MA

    Typical home
    $575,607
    Gross yield
    5.1%
  • Marlborough, MA

    Typical home
    $585,587
    Gross yield
    5.3%
  • NH

    Typical home
    $572,150
    Gross yield

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