HousingHandbookReference data

U.S. ZIP Code · MA02081

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

Typical home value

$776,870[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+0.7%
5-year / yr
+4.8%
10-year / yr
+5.0%

Relative price

vs U.S.
+173.5%
vs metro
+7.0%
vs state
+27.0%
ZIP 02081 location in MA
Location of ZIP 02081 in MA

Price history

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

The typical home in 02081 is worth $776,870 — 7.0% above the Boston-Cambridge-Newton, MA-NH median. Over the past year, values have risen 0.7%. Homes here rent for a typical $2,605 a month — a 4.0% gross rental yield. The effective property tax rate is 1.3%.

#Rent & investment

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

Monthly rent
$2,605[2]
Gross yield
4.0%[2]
Cap rate
2.4%[2]

#Property tax

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

Effective tax rate
1.3%[3]
Typical annual tax
$10,277[3]

#Climate risk

FEMA National Risk Index ratings for Norfolk County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Moderate[4]
Riverine flood
Relatively High
Coastal flood
Relatively High
Wildfire
Very Low
Drought
Relatively Low
Heat wave
Relatively Moderate
Hurricane
Relatively Moderate
Tornado
Relatively Moderate
Earthquake
Relatively Moderate
Winter weather
Relatively Low

#Who lives here

Population
19,343[3]
Median household income
$156,250[3]

#Migration

Household moves in and out of Norfolk County over a year, from IRS tax-return data.

Net migration
-1,817[5]
Moved in
22,823
Moved out
24,640

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
7
Elementary
3
Middle
1
High
2
  • Walpole High

    High · Grades 9–12 · Walpole

    946 students

  • Norfolk County Agricultural

    High · Grades 9–12 · Norfolk County Agricultural

    586 students

  • Fisher

    Elementary · Grades K–5 · Walpole

    473 students

  • Elm Street School

    Elementary · Grades K–5 · Walpole

    446 students

  • Eleanor N Johnson Middle

    Middle · Grades 6–8 · Walpole

    415 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 yield4.0%
Net yield (after ~40% expenses)2.4%
Annual rent$31,258

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$3,928
Loan principal$621,496
Down payment$155,374
Total interest paid$792,684

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 ratio2.08
Monthly cost to own$5,430
Monthly rent$2,605

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
28th percentile[1]
Rental yield
30th percentile[2]
Property tax
76th percentile[3]

Frequently asked

How much is a home worth in ZIP code 02081?
The typical home in 02081 is worth $776,870, based on the Zillow Home Value Index.
Are home values rising in 02081?
Home values in 02081 are up 0.7% over the past year, and up 4.8% a year over five years.
What is the typical rent in 02081?
A typical home in 02081 rents for about $2,605 a month, a gross rental yield of 4.0%.
What is the property tax rate in 02081?
The effective property tax rate in 02081 is 1.3% — roughly $10,277 a year on a typical home.
Who lives in 02081?
ZIP code 02081 has a population of 19,343 and a median household income of $156,250.

#Comparable ZIPs

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

  • MA

    Typical home
    $776,494
    Gross yield
    2.9%
  • NH

    Typical home
    $777,883
    Gross yield
  • MA

    Typical home
    $775,014
    Gross yield
    4.4%
  • Dedham CDP, MA

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

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

    Typical home
    $783,814
    Gross yield

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