Zip Code

01062

City

Florence, MA

Population & Migration

What is the forecasted population for Zip code 01062 Florence, MA?

Population census 2020
9,693
Forecasted population 2025
8,963
-0.08% vs. 2020
Forecasted population 2030
9,534
-0.02% vs. 2020

Zip code 01062 Florence, MA population is forecasted to decrease -0.08% by 2025 (-12.2 points below the 4.7% national average).

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Housing and Affordability

With a forecasted population of 8,963 people for 2025 zip code 01062 Florence, MA will generate a good demand for housing, which is expected to have an excess of -72 houses for 2030. Vacancy rate is 4.2 points below national US average.

Total homes available 2020
4,415
Estimated total home demand in 2030
4,342
Total homes balance inventory
-72

Average Household Income in zip code 01062 Florence, MA
from Internal Revenue Service

Average household income in 2021
$104,093

Affordability

Affordability Index
3

Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5

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Drinking water violations

How is the quality of drinking water in Zip code 01062 Florence, MA?

County total number of drinking water violations

50

-80%

244

County total number of drinking water contaminations

10

-58%

24

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