How much is a home worth in ZIP code 01906?

The typical home in 01906 is worth $692,333, based on the Zillow Home Value Index.

Are home values rising in 01906?

Home values in 01906 are up 0.5% over the past year, and up 4.0% a year over five years.

What is the typical rent in 01906?

A typical home in 01906 rents for about $2,893 a month, a gross rental yield of 5.0%.

What is the property tax rate in 01906?

The effective property tax rate in 01906 is 1.0% — roughly $6,764 a year on a typical home.

ZIP code 01906 has a population of 28,773 and a median household income of $101,539.

HousingHandbookReference data

…

U.S. ZIP Code · MA01906

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

Typical home value

$692,333^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +0.5%
5-year / yr: +4.0%
10-year / yr: +6.0%

Relative price

vs U.S.: +143.7%
vs metro: -4.6%
vs state: +13.2%

Price history

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

The typical home in 01906 is worth $692,333 — 4.6% below the Boston-Cambridge-Newton, MA-NH median. Over the past year, values have risen 0.5%. Homes here rent for a typical $2,893 a month — a 5.0% 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: $2,893^[2]
Gross yield: 5.0%^[2]
Cap rate: 3.0%^[2]

#Property tax

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

Effective tax rate: 1.0%^[3]
Typical annual tax: $6,764^[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: 28,773^[3]
Median household income: $101,539^[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: 5
Elementary: 2
Middle: 1
High: 1

Belmonte STEAM Academy
Elementary · Grades 2–5 · Saugus
800 students
Saugus High
High · Grades 9–12 · Saugus
727 students
Saugus Middle School
Middle · Grades 6–8 · Saugus
617 students
Pioneer Charter School of Science II (PCSS-II)
Other · Grades K–12 · Pioneer Charter School of Science II (District)
566 students
Veterans Early Learning Center
Elementary · Grades PK–1 · Saugus
466 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 yield5.0%

Net yield (after ~40% expenses)3.0%

Annual rent$34,717

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$3,501

Loan principal$553,866

Down payment$138,467

Total interest paid$706,426

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 ratio1.60

Monthly cost to own$4,643

Monthly rent$2,893

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: 16th percentile^[1]
Rental yield: 73rd percentile^[2]
Property tax: 38th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 01906?: The typical home in 01906 is worth $692,333, based on the Zillow Home Value Index.
Are home values rising in 01906?: Home values in 01906 are up 0.5% over the past year, and up 4.0% a year over five years.
What is the typical rent in 01906?: A typical home in 01906 rents for about $2,893 a month, a gross rental yield of 5.0%.
What is the property tax rate in 01906?: The effective property tax rate in 01906 is 1.0% — roughly $6,764 a year on a typical home.
Who lives in 01906?: ZIP code 01906 has a population of 28,773 and a median household income of $101,539.

#Comparable ZIPs

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

02770 vs 01906 →
MA
Typical home
$691,383
Gross yield
—
03827 vs 01906 →
NH
Typical home
$693,586
Gross yield
—
02152
Winthrop Town, MA
Typical home
$690,773
Gross yield
4.4%
03824
Durham CDP, NH
Typical home
$694,229
Gross yield
4.8%
02364
Kingston CDP, MA
Typical home
$694,852
Gross yield
4.5%
02124
Boston, MA
Typical home
$695,650
Gross yield
5.2%

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

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Pit ZIP 01906 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · MA01906

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