Zip Code
01245
City
Monterey, MA
Population & Migration
What is the forecasted population for Zip code 01245 Monterey, MA?
- Population census 2020
- 774
- Forecasted population 2025
- 822
- 0.06% vs. 2020
- Forecasted population 2030
- 814
- 0.05% vs. 2020
Zip code 01245 Monterey, MA population is forecasted to grow 0.06% by 2025 (1.6 points above the 4.7% national average).
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Housing and Affordability
With a forecasted population of 822 people for 2025 zip code 01245 Monterey, MA will generate a good demand for housing, which is expected to have a deficit of 50 houses for 2030. Vacancy rate is 50.9 points above national US average.
- Total homes available 2020
- 953
- Estimated total home demand in 2030
- 1,003
- Total homes balance inventory
- 50
Average Household Income in zip code 01245 Monterey, MA
from Internal Revenue Service
- Average household income in 2021
- $154,675
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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Climate Resiliency
Drinking water violations
How is the quality of drinking water in Zip code 01245 Monterey, MA?
County total number of drinking water violations
211
-14%
244
County total number of drinking water contaminations
53
+121%
24
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