HousingHandbookReference data

U.S. ZIP Code · MA01915

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

Typical home value

$764,879[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+3.3%
5-year / yr
+5.0%
10-year / yr
+6.3%

Relative price

vs U.S.
+169.3%
vs metro
+5.4%
vs state
+25.0%
ZIP 01915 location in MA
Location of ZIP 01915 in MA

Price history

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

The typical home in 01915 is worth $764,879 — 5.4% above the Boston-Cambridge-Newton, MA-NH median. Over the past year, values have risen 3.3%. Homes here rent for a typical $2,688 a month — a 4.2% 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
$2,688[2]
Gross yield
4.2%[2]
Cap rate
2.5%[2]

#Property tax

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

Effective tax rate
1.0%[3]
Typical annual tax
$7,942[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
41,994[3]
Median household income
$104,918[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
8
Elementary
5
Middle
1
High
1
  • Beverly Middle School

    Middle · Grades 5–8 · Beverly

    1,356 students

  • Beverly High

    High · Grades 9–12 · Beverly

    1,255 students

  • Cove Elementary

    Elementary · Grades K–4 · Beverly

    405 students

  • Ayers/Ryal Side School

    Elementary · Grades K–4 · Beverly

    388 students

  • North Beverly Elementary

    Elementary · Grades K–4 · Beverly

    347 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 yield4.2%
Net yield (after ~40% expenses)2.5%
Annual rent$32,260

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$3,868
Loan principal$611,903
Down payment$152,976
Total interest paid$780,449

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 ratio1.92
Monthly cost to own$5,168
Monthly rent$2,688

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
34th percentile[1]
Rental yield
37th percentile[2]
Property tax
46th percentile[3]

Frequently asked

How much is a home worth in ZIP code 01915?
The typical home in 01915 is worth $764,879, based on the Zillow Home Value Index.
Are home values rising in 01915?
Home values in 01915 are up 3.3% over the past year, and up 5.0% a year over five years.
What is the typical rent in 01915?
A typical home in 01915 rents for about $2,688 a month, a gross rental yield of 4.2%.
What is the property tax rate in 01915?
The effective property tax rate in 01915 is 1.0% — roughly $7,942 a year on a typical home.
Who lives in 01915?
ZIP code 01915 has a population of 41,994 and a median household income of $104,918.

#Comparable ZIPs

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

  • Woburn, MA

    Typical home
    $769,432
    Gross yield
    4.2%
  • Mattapoisett Center CDP, MA

    Typical home
    $758,897
    Gross yield
  • Gloucester, MA

    Typical home
    $771,870
    Gross yield
    4.0%
  • Dedham CDP, MA

    Typical home
    $772,005
    Gross yield
    4.9%
  • Quincy, MA

    Typical home
    $756,615
    Gross yield
    3.8%
  • MA

    Typical home
    $775,014
    Gross yield
    4.4%

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