USA.com / Massachusetts / Middlesex County / North Billerica, MA / 01862 / Housing

01862 Zip Code Housing

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As of 2010-2014, median price of a house in 01862 Zip Code is $335,600, which is about the same as the state average of $329,900 and is much higher than the national average of $175,700. The 01862 Zip Code median house value has grown by 60.11% since 2000. The growth rate for the price of a house in 01862 Zip Code is lower than the state average rate of 77.65% and is higher than the national average rate of 46.91%. The median year that a house in 01862 Zip Code was built is 1968, which is newer than the median year for a house built in the state which is 1959 and is older than the median year for a house built in the USA which is 1976.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 2,928 Owner Occupied Houses in 01862 Zip Code, see rank

01862 Zip Code	335,600 USD
Massachusetts	329,900 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, see rank

01862 Zip Code	60.11%
Massachusetts	77.65%
U.S.	46.91%

Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

	01862 Zip Code	Massachusetts	U.S.
Total Housing Units	3,641, see rank, 100%	2,816,875	132,741,033
Occupied Housing Units	3,501, 96.15%, see rank	90.12%	87.55%
Owner Occupied	2,928, 80.42%, see rank	56.12%	56.34%
Renter Occupied	573, 15.74%, see rank	33.99%	31.21%
Vacant Housing Units	140, 3.85%, see rank	9.88%	12.45%
For Rent	0, 0.00%, see rank	1.67%	2.34%
For Sale Only	66, 1.81%, see rank	0.74%	1.20%
Rented or Sold, Not Occupied	0, 0.00%, see rank	0.77%	0.92%
For Seasonal, Recreational, or Occasional Use	0, 0.00%, see rank	4.29%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.01%	0.03%
Other Vacant	74, 2.03%, see rank	2.40%	4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #203

01862 Zip Code	Massachusetts	U.S.
1968	1959	1976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

	01862 Zip Code	%	Massachusetts	U.S.
Owner-Occupied Units	2,928	100%	1,580,938	74,787,460
With a Mortgage	2,168	74.04%, see rank	71.18%	65.58%
Without a Mortgage	760	25.96%, see rank	28.82%	34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

01862 Zip Code	2,201 USD
Massachusetts	2,095 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	01862 Zip Code	%	Massachusetts	U.S.
$299 or Less	0	0.00%, see rank	0.09%	0.20%
$300 to $499	0	0.00%, see rank	0.49%	1.59%
$500 to $699	31	1.43%, see rank	1.47%	5.01%
$700 to $999	156	7.20%, see rank	4.74%	14.32%
$1,000 to $1,499	223	10.29%, see rank	16.44%	27.90%
$1,500 to $1,999	441	20.34%, see rank	22.84%	20.35%
$2,000 to $2,999	939	43.31%, see rank	34.83%	19.52%
$3,000 or More	378	17.44%, see rank	19.10%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

01862 Zip Code	24.60% of the Total Income
Massachusetts	24.60% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	01862 Zip Code	%	Massachusetts	U.S.
10% or Less	131	6.04%, see rank	5.29%	5.86%
10% to 20%	463	21.36%, see rank	29.25%	31.95%
20% to 30%	922	42.53%, see rank	29.39%	27.64%
30% to 40%	256	11.81%, see rank	14.83%	13.74%
40% or More	380	17.53%, see rank	20.86%	20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage

Median Owner Costs, see rank

01862 Zip Code	664 USD
Massachusetts	707 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	01862 Zip Code	%	Massachusetts	U.S.
$199 or Less	29	3.82%, see rank	1.57%	7.76%
$200 to $299	24	3.16%, see rank	2.45%	14.70%
$300 to $499	67	8.82%, see rank	16.27%	34.63%
$500 to $699	332	43.68%, see rank	28.91%	21.16%
$700 or More	308	40.53%, see rank	50.80%	21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

01862 Zip Code	11.20% of the Total Income
Massachusetts	14.90% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	01862 Zip Code	%	Massachusetts	U.S.
10% or Less	347	45.66%, see rank	31.52%	40.19%
10% to 20%	146	19.21%, see rank	31.52%	31.47%
20% to 30%	88	11.58%, see rank	14.65%	12.24%
30% to 40%	77	10.13%, see rank	7.86%	5.64%
40% or More	75	9.87%, see rank	13.41%	9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	01862 Zip Code	Massachusetts	U.S.
Total Housing Units	3,641, 100%	2,816,875	132,741,033
1-unit, Detached	2,548, 69.98%, see rank	52.24%	61.65%
1-unit, Attached	306, 8.40%, see rank	5.19%	5.82%
2 Units	102, 2.80%, see rank	10.16%	3.75%
3 or 4 Units	173, 4.75%, see rank	10.94%	4.43%
5 to 9 Units	27, 0.74%, see rank	5.95%	4.78%
10 or More Units	181, 4.97%, see rank	14.65%	13.08%
Mobile Home, Boat, RV, Van, etc.	304, 8.35%, see rank	0.87%	6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

	01862 Zip Code	Massachusetts	U.S.
Total Housing Units	3,641, 100%	2,816,875	132,741,033
1 Room	0, 0.00%, see rank	2.33%	1.95%
2 Rooms	113, 3.10%, see rank	3.02%	2.48%
3 Rooms	95, 2.61%, see rank	10.03%	9.13%
4 Rooms	401, 11.01%, see rank	15.77%	16.60%
5 Rooms	474, 13.02%, see rank	18.26%	20.41%
6 Rooms	806, 22.14%, see rank	17.63%	18.06%
7 Rooms	517, 14.20%, see rank	12.23%	12.27%
8 Rooms	673, 18.48%, see rank	9.28%	8.48%
9 Rooms or More	562, 15.44%, see rank	11.45%	10.60%
Median Rooms	6.40, see rank	5.50	5.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

	01862 Zip Code	Massachusetts	U.S.
Total Housing Units	3,641, 100%	2,816,875	132,741,033
No Bedroom	14, 0.38%, see rank	2.56%	2.17%
1 Bedroom	226, 6.21%, see rank	14.08%	11.16%
2 Bedrooms	846, 23.24%, see rank	28.19%	26.69%
3 Bedrooms	1,613, 44.30%, see rank	34.72%	39.70%
4 Bedrooms	689, 18.92%, see rank	16.00%	16.05%
5 or More Bedrooms	253, 6.95%, see rank	4.45%	4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

	01862 Zip Code	Massachusetts	U.S.
Total Housing Units	3,501, 100%	2,538,485	116,211,092
Utility Gas	2,395, 68.41%, see rank	49.70%	48.85%
Bottled, Tank, or LP Gas	85, 2.43%, see rank	2.86%	4.86%
Electricity	120, 3.43%, see rank	14.23%	36.68%
Fuel Oil, Kerosene, etc.	823, 23.51%, see rank	30.36%	5.86%
Coal or Coke	0, 0.00%, see rank	0.13%	0.12%
Wood	27, 0.77%, see rank	1.69%	2.12%
Solar Energy	0, 0.00%, see rank	0.03%	0.05%
Other Fuel	39, 1.11%, see rank	0.65%	0.47%
No Fuel Used	12, 0.34%, see rank	0.35%	1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	01862 Zip Code	Massachusetts	U.S.
Occupied Units Paying Rent	554, 100%	924,809	39,201,928
$199 or Less	0, 0.00%, see rank	2.07%	1.50%
$200 to $299	0, 0.00%, see rank	5.74%	3.18%
$300 to $499	8, 1.44%, see rank	7.69%	7.37%
$500 to $699	39, 7.04%, see rank	8.07%	16.01%
$700 to $999	92, 16.61%, see rank	20.08%	29.17%
$1,000 to $1,499	316, 57.04%, see rank	31.42%	26.88%
$1,500 to $1,999	44, 7.94%, see rank	15.67%	9.79%
$2,000 or More	55, 9.93%, see rank	9.27%	6.10%
Median	$1,192, see rank	$1,088	$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

	01862 Zip Code	Massachusetts	U.S.
Occupied Housing Units	3,501, 100%	2,538,485	116,211,092
No Vehicles Available	54, 1.54%, see rank	12.57%	9.12%
1 Vehicles Available	1,174, 33.53%, see rank	36.07%	33.80%
2 Vehicles Available	1,294, 36.96%, see rank	36.51%	37.48%
3 or More Vehicles Available	979, 27.96%, see rank	14.84%	19.61%

*Based on 2010-2014 data. View historical vehicle available data.