HousingHandbookReference data

U.S. ZIP Code · MA02142

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

Typical home value

$1,328,352[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-1.0%
5-year / yr
+3.0%
10-year / yr
+3.2%

Relative price

vs U.S.
+367.6%
vs metro
+83.0%
vs state
+117.1%
ZIP 02142 location in MA
Location of ZIP 02142 in MA

Price history

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

The typical home in 02142 is worth $1,328,352 — 83.0% above the Boston-Cambridge-Newton, MA-NH median. Over the past year, values have fallen 1.0%. Homes here rent for a typical $3,797 a month — a 3.4% gross rental yield. The effective property tax rate is 0.2%.

#Rent & investment

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

Monthly rent
$3,797[2]
Gross yield
3.4%[2]
Cap rate
2.1%[2]

#Property tax

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

Effective tax rate
0.2%[3]
Typical annual tax
$3,249[3]

#Climate risk

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

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

#Who lives here

Population
4,737[3]
Median household income
$147,723[3]

#Migration

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

Net migration
-5,282[5]
Moved in
47,132
Moved out
52,414

Schools

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

Public schools
1
Elementary
1
Middle
0
High
0
  • Benjamin Banneker Charter Public School

    Elementary · Grades PK–6 · Benjamin Banneker Charter Public (District)

    346 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 yield3.4%
Net yield (after ~40% expenses)2.1%
Annual rent$45,562

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$6,717
Loan principal$1,062,682
Down payment$265,670
Total interest paid$1,355,392

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 ratio2.13
Monthly cost to own$8,090
Monthly rent$3,797

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
11th percentile[1]
Rental yield
17th percentile[2]
Property tax
0th percentile[3]

Rankings

Top-10 lists this ZIP code appears on.

Frequently asked

How much is a home worth in ZIP code 02142?
The typical home in 02142 is worth $1,328,352, based on the Zillow Home Value Index.
Are home values rising in 02142?
Home values in 02142 are down 1.0% over the past year, and up 3.0% a year over five years.
What is the typical rent in 02142?
A typical home in 02142 rents for about $3,797 a month, a gross rental yield of 3.4%.
What is the property tax rate in 02142?
The effective property tax rate in 02142 is 0.2% — roughly $3,249 a year on a typical home.
Who lives in 02142?
ZIP code 02142 has a population of 4,737 and a median household income of $147,723.

#Comparable ZIPs

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

  • Hingham CDP, MA

    Typical home
    $1,332,551
    Gross yield
    2.9%
  • MA

    Typical home
    $1,347,222
    Gross yield
  • Newton, MA

    Typical home
    $1,357,246
    Gross yield
  • Boston, MA

    Typical home
    $1,359,495
    Gross yield
    3.0%
  • Brookline CDP, MA

    Typical home
    $1,294,291
    Gross yield
    3.5%
  • MA

    Typical home
    $1,363,782
    Gross yield

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

Compare ZIPs

Pit ZIP 02142 against any other ZIP — full side-by-side table.

Compare 02142

#Jump to section