HousingHandbookReference data

U.S. ZIP Code · MA02186

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

Typical home value

$1,089,424[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+1.4%
5-year / yr
+5.0%
10-year / yr
+5.5%

Relative price

vs U.S.
+283.5%
vs metro
+50.1%
vs state
+78.1%
ZIP 02186 location in MA
Location of ZIP 02186 in MA

Price history

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

The typical home in 02186 is worth $1,089,424 — 50.1% above the Boston-Cambridge-Newton, MA-NH median. Over the past year, values have risen 1.4%. Homes here rent for a typical $3,188 a month — a 3.5% gross rental yield. The effective property tax rate is 0.9%.

#Rent & investment

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

Monthly rent
$3,188[2]
Gross yield
3.5%[2]
Cap rate
2.1%[2]

#Property tax

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

Effective tax rate
0.9%[3]
Typical annual tax
$10,266[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
28,735[3]
Median household income
$188,033[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
6
Elementary
4
Middle
1
High
1
  • Milton High

    High · Grades 9–12 · Milton

    1,092 students

  • Charles S Pierce Middle

    Middle · Grades 6–8 · Milton

    960 students

  • Glover

    Elementary · Grades K–5 · Milton

    622 students

  • Cunningham School

    Elementary · Grades PK–5 · Milton

    611 students

  • Collicot

    Elementary · Grades K–5 · Milton

    586 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 yield3.5%
Net yield (after ~40% expenses)2.1%
Annual rent$38,250

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$5,509
Loan principal$871,539
Down payment$217,885
Total interest paid$1,111,600

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 ratio2.28
Monthly cost to own$7,270
Monthly rent$3,188

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
33rd percentile[1]
Rental yield
20th percentile[2]
Property tax
34th percentile[3]

Frequently asked

How much is a home worth in ZIP code 02186?
The typical home in 02186 is worth $1,089,424, based on the Zillow Home Value Index.
Are home values rising in 02186?
Home values in 02186 are up 1.4% over the past year, and up 5.0% a year over five years.
What is the typical rent in 02186?
A typical home in 02186 rents for about $3,188 a month, a gross rental yield of 3.5%.
What is the property tax rate in 02186?
The effective property tax rate in 02186 is 0.9% — roughly $10,266 a year on a typical home.
Who lives in 02186?
ZIP code 02186 has a population of 28,735 and a median household income of $188,033.

#Comparable ZIPs

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

  • Lynnfield CDP, MA

    Typical home
    $1,090,723
    Gross yield
    3.4%
  • Medfield CDP, MA

    Typical home
    $1,086,471
    Gross yield
  • Arlington CDP, MA

    Typical home
    $1,085,033
    Gross yield
    3.2%
  • Cambridge, MA

    Typical home
    $1,099,595
    Gross yield
    3.7%
  • Boxford CDP, MA

    Typical home
    $1,072,334
    Gross yield
  • MA

    Typical home
    $1,066,188
    Gross yield

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