HousingHandbookReference data

U.S. ZIP Code · MA02462

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

Typical home value

$1,357,246[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+4.5%
5-year / yr
+7.4%
10-year / yr
+6.3%

Relative price

vs U.S.
+377.8%
vs metro
+87.0%
vs state
+121.9%
ZIP 02462 location in MA
Location of ZIP 02462 in MA

Price history

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

The typical home in 02462 is worth $1,357,246 — 87.0% above the Boston-Cambridge-Newton, MA-NH median. Over the past year, values have risen 4.5%. The effective property tax rate is 0.6%.

#Rent & investment

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

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

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

Effective tax rate
0.6%[3]
Typical annual tax
$8,751[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
1,470[3]
Median household income
$216,339[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

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 yield
Net yield (after ~40% expenses)
Annual rent

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$6,863
Loan principal$1,085,797
Down payment$271,449
Total interest paid$1,384,874

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 ratio
Monthly cost to own$8,718
Monthly rent

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
88th percentile[1]
Rental yield
[2]
Property tax
7th percentile[3]

Frequently asked

How much is a home worth in ZIP code 02462?
The typical home in 02462 is worth $1,357,246, based on the Zillow Home Value Index.
Are home values rising in 02462?
Home values in 02462 are up 4.5% over the past year, and up 7.4% a year over five years.
What is the property tax rate in 02462?
The effective property tax rate in 02462 is 0.6% — roughly $8,751 a year on a typical home.
Who lives in 02462?
ZIP code 02462 has a population of 1,470 and a median household income of $216,339.

#Comparable ZIPs

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

  • Boston, MA

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

    Typical home
    $1,363,782
    Gross yield
  • Brookline CDP, MA

    Typical home
    $1,365,698
    Gross yield
    3.3%
  • MA

    Typical home
    $1,347,222
    Gross yield
  • Needham CDP, MA

    Typical home
    $1,371,318
    Gross yield
    3.0%
  • Hingham CDP, MA

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

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