HousingHandbookReference data

U.S. ZIP Code · MA01950

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

Typical home value

$926,769[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+3.5%
5-year / yr
+6.8%
10-year / yr
+6.5%

Relative price

vs U.S.
+226.2%
vs metro
+27.7%
vs state
+51.5%
ZIP 01950 location in MA
Location of ZIP 01950 in MA

Price history

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

The typical home in 01950 is worth $926,769 — 27.7% above the Boston-Cambridge-Newton, MA-NH median. Over the past year, values have risen 3.5%. Homes here rent for a typical $3,028 a month — a 3.9% 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
$3,028[2]
Gross yield
3.9%[2]
Cap rate
2.4%[2]

#Property tax

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

Effective tax rate
1.0%[3]
Typical annual tax
$9,242[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
18,652[3]
Median household income
$139,625[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
3
Middle
1
High
1
  • Newburyport High

    High · Grades 9–12 · Newburyport

    785 students

  • Francis T Bresnahan Elementary

    Elementary · Grades PK–3 · Newburyport

    604 students

  • Rupert A Nock Middle

    Middle · Grades 6–8 · Newburyport

    473 students

  • Edward G. Molin Elementary School

    Elementary · Grades 4–5 · Newburyport

    300 students

  • River Valley Charter School

    Elementary · Grades K–8 · River Valley Charter (District)

    288 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 yield3.9%
Net yield (after ~40% expenses)2.4%
Annual rent$36,332

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$4,686
Loan principal$741,415
Down payment$185,354
Total interest paid$945,634

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 ratio2.06
Monthly cost to own$6,231
Monthly rent$3,028

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
79th percentile[1]
Rental yield
27th percentile[2]
Property tax
41st percentile[3]

Frequently asked

How much is a home worth in ZIP code 01950?
The typical home in 01950 is worth $926,769, based on the Zillow Home Value Index.
Are home values rising in 01950?
Home values in 01950 are up 3.5% over the past year, and up 6.8% a year over five years.
What is the typical rent in 01950?
A typical home in 01950 rents for about $3,028 a month, a gross rental yield of 3.9%.
What is the property tax rate in 01950?
The effective property tax rate in 01950 is 1.0% — roughly $9,242 a year on a typical home.
Who lives in 01950?
ZIP code 01950 has a population of 18,652 and a median household income of $139,625.

#Comparable ZIPs

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

  • Melrose, MA

    Typical home
    $930,401
    Gross yield
    3.7%
  • Boston, MA

    Typical home
    $932,330
    Gross yield
    5.8%
  • Cambridge, MA

    Typical home
    $919,697
    Gross yield
    4.8%
  • Boston, MA

    Typical home
    $934,176
    Gross yield
    4.5%
  • NH

    Typical home
    $919,079
    Gross yield
  • Reading CDP, MA

    Typical home
    $935,890
    Gross yield
    4.2%

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

Compare ZIPs

Pit ZIP 01950 against any other ZIP — full side-by-side table.

Compare 01950

#Jump to section