HousingHandbookReference data

U.S. ZIP Code · MA02150

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

Typical home value

$529,979[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-0.1%
5-year / yr
+3.2%
10-year / yr
+5.9%

Relative price

vs U.S.
+86.6%
vs metro
-27.0%
vs state
-13.4%
ZIP 02150 location in MA
Location of ZIP 02150 in MA

Price history

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

The typical home in 02150 is worth $529,979 — 27.0% below the Boston-Cambridge-Newton, MA-NH median. Over the past year, values have fallen 0.1%. Homes here rent for a typical $2,615 a month — a 5.9% gross rental yield. The effective property tax rate is 0.7%.

#Rent & investment

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

Monthly rent
$2,615[2]
Gross yield
5.9%[2]
Cap rate
3.6%[2]

#Property tax

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

Effective tax rate
0.7%[3]
Typical annual tax
$3,542[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
39,908[3]
Median household income
$72,179[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
12
Elementary
5
Middle
3
High
4
  • Chelsea High

    High · Grades 9–12 · Chelsea

    1,680 students

  • Shurtleff Early Childhood

    Elementary · Grades PK–1 · Chelsea

    806 students

  • Clark Avenue School

    Middle · Grades 5–8 · Chelsea

    678 students

  • Frank M Sokolowski Elementary

    Elementary · Grades 1–4 · Chelsea

    497 students

  • George F. Kelly Elementary

    Elementary · Grades 1–6 · Chelsea

    486 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 yield5.9%
Net yield (after ~40% expenses)3.6%
Annual rent$31,385

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$2,680
Loan principal$423,983
Down payment$105,996
Total interest paid$540,767

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 ratio1.31
Monthly cost to own$3,417
Monthly rent$2,615

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
13th percentile[1]
Rental yield
96th percentile[2]
Property tax
9th percentile[3]

Frequently asked

How much is a home worth in ZIP code 02150?
The typical home in 02150 is worth $529,979, based on the Zillow Home Value Index.
Are home values rising in 02150?
Home values in 02150 are down 0.1% over the past year, and up 3.2% a year over five years.
What is the typical rent in 02150?
A typical home in 02150 rents for about $2,615 a month, a gross rental yield of 5.9%.
What is the property tax rate in 02150?
The effective property tax rate in 02150 is 0.7% — roughly $3,542 a year on a typical home.
Who lives in 02150?
ZIP code 02150 has a population of 39,908 and a median household income of $72,179.

#Comparable ZIPs

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

  • NH

    Typical home
    $531,438
    Gross yield
  • Haverhill, MA

    Typical home
    $525,853
    Gross yield
    5.0%
  • Lawrence, MA

    Typical home
    $534,334
    Gross yield
    5.2%
  • NH

    Typical home
    $524,647
    Gross yield
  • Lowell, MA

    Typical home
    $523,533
    Gross yield
    5.2%
  • NH

    Typical home
    $521,221
    Gross yield

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