Zip Code
02462
City
Newton Lower Falls, MA
Population & Migration
What is the forecasted population for Zip code 02462 Newton Lower Falls, MA?
- Population census 2020
- 1,222
- Forecasted population 2025
- 1,492
- 22.1% vs. 2020
- Forecasted population 2030
- 1,556
- 27.3% vs. 2020
Zip code 02462 Newton Lower Falls, MA population is forecasted to grow 22.1% by 2025 (17.4 points above the 4.7% national average).
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Housing and Affordability
With a forecasted population of 1,492 people for 2025 zip code 02462 Newton Lower Falls, MA will generate a good demand for housing, which is expected to have a deficit of 150 houses for 2030. Vacancy rate is 10.1 points below national US average.
- Total homes available 2020
- 550
- Estimated total home demand in 2030
- 700
- Total homes balance inventory
- 150
Average Household Income in zip code 02462 Newton Lower Falls, MA
from Internal Revenue Service
- Average household income in 2021
- $170,822
Affordability
- Affordability Index
- 5
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 02462 Newton Lower Falls, MA?
County total number of drinking water violations
663
+186%
232
County total number of drinking water contaminations
85
+286%
22
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