HousingHandbookReference data

U.S. ZIP Code · MA02134

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

Typical home value

$860,306[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+6.0%
5-year / yr
+3.5%
10-year / yr
+5.1%

Relative price

vs U.S.
+202.9%
vs metro
+18.5%
vs state
+40.6%
ZIP 02134 location in MA
Location of ZIP 02134 in MA

Price history

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

The typical home in 02134 is worth $860,306 — 18.5% above the Boston-Cambridge-Newton, MA-NH median. Over the past year, values have risen 6.0%. Homes here rent for a typical $2,938 a month — a 4.1% gross rental yield. The effective property tax rate is 0.8%.

#Rent & investment

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

Monthly rent
$2,938[2]
Gross yield
4.1%[2]
Cap rate
2.5%[2]

#Property tax

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

Effective tax rate
0.8%[3]
Typical annual tax
$6,854[3]

#Climate risk

FEMA National Risk Index ratings for Suffolk 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
No Rating
Heat wave
Relatively High
Hurricane
Relatively High
Tornado
Relatively Moderate
Earthquake
Relatively Moderate
Winter weather
Relatively Low

#Who lives here

Population
17,667[3]
Median household income
$78,679[3]

#Migration

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

Net migration
-4,023[5]
Moved in
36,567
Moved out
40,590

Schools

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

Public schools
2
Elementary
1
Middle
0
High
0
  • Gardner Pilot Academy

    Elementary · Grades PK–8 · Boston

    371 students

  • Horace Mann School for the Deaf Hard of Hearing

    Other · Grades PK–12 · Boston

    73 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 yield4.1%
Net yield (after ~40% expenses)2.5%
Annual rent$35,260

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$4,350
Loan principal$688,245
Down payment$172,061
Total interest paid$877,819

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$5,641
Monthly rent$2,938

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
14th percentile[1]
Rental yield
34th percentile[2]
Property tax
19th percentile[3]

Frequently asked

How much is a home worth in ZIP code 02134?
The typical home in 02134 is worth $860,306, based on the Zillow Home Value Index.
Are home values rising in 02134?
Home values in 02134 are up 6.0% over the past year, and up 3.5% a year over five years.
What is the typical rent in 02134?
A typical home in 02134 rents for about $2,938 a month, a gross rental yield of 4.1%.
What is the property tax rate in 02134?
The effective property tax rate in 02134 is 0.8% — roughly $6,854 a year on a typical home.
Who lives in 02134?
ZIP code 02134 has a population of 17,667 and a median household income of $78,679.

#Comparable ZIPs

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

  • Newfields CDP, NH

    Typical home
    $856,811
    Gross yield
  • MA

    Typical home
    $867,556
    Gross yield
  • MA

    Typical home
    $852,697
    Gross yield
  • Boston, MA

    Typical home
    $868,855
    Gross yield
    5.7%
  • Waltham, MA

    Typical home
    $870,785
    Gross yield
    4.0%
  • Rockport CDP, MA

    Typical home
    $873,440
    Gross yield

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