HousingHandbookReference data

U.S. ZIP Code · MA01985

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

Typical home value

$948,505[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+1.4%
5-year / yr
+6.3%
10-year / yr
+5.9%

Relative price

vs U.S.
+233.9%
vs metro
+30.7%
vs state
+55.1%
ZIP 01985 location in MA
Location of ZIP 01985 in MA

Price history

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

The typical home in 01985 is worth $948,505 — 30.7% above the Boston-Cambridge-Newton, MA-NH median. Over the past year, values have risen 1.4%. The effective property tax rate is 1.2%.

#Rent & investment

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

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

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

Effective tax rate
1.2%[3]
Typical annual tax
$10,999[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
4,591[3]
Median household income
$179,500[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
3
Elementary
1
Middle
1
High
1
  • Pentucket Regional Sr High

    High · Grades 9–12 · Pentucket

    574 students

  • Pentucket Regional Middle

    Middle · Grades 7–8 · Pentucket

    331 students

  • Dr John C Page School

    Elementary · Grades PK–6 · Pentucket

    326 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 yield
Net yield (after ~40% expenses)
Annual rent

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$4,796
Loan principal$758,804
Down payment$189,701
Total interest paid$967,813

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 ratio
Monthly cost to own$6,503
Monthly rent

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
67th percentile[1]
Rental yield
[2]
Property tax
61st percentile[3]

Frequently asked

How much is a home worth in ZIP code 01985?
The typical home in 01985 is worth $948,505, based on the Zillow Home Value Index.
Are home values rising in 01985?
Home values in 01985 are up 1.4% over the past year, and up 6.3% a year over five years.
What is the property tax rate in 01985?
The effective property tax rate in 01985 is 1.2% — roughly $10,999 a year on a typical home.
Who lives in 01985?
ZIP code 01985 has a population of 4,591 and a median household income of $179,500.

#Comparable ZIPs

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

  • Boston, MA

    Typical home
    $950,712
    Gross yield
    4.8%
  • Somerville, MA

    Typical home
    $946,163
    Gross yield
    4.6%
  • Reading CDP, MA

    Typical home
    $935,890
    Gross yield
    4.2%
  • Boston, MA

    Typical home
    $934,176
    Gross yield
    4.5%
  • Boston, MA

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

    Typical home
    $965,221
    Gross yield

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