Zip Code
01562
City
Spencer, MA
Population & Migration
What is the forecasted population for Zip code 01562 Spencer, MA?
- Population census 2020
- 11,942
- Forecasted population 2025
- 11,956
- 0.1% vs. 2020
- Forecasted population 2030
- 12,109
- 1.4% vs. 2020
Zip code 01562 Spencer, MA population is forecasted to decrease 0.1% by 2025 (-4.6 points below the 4.7% national average).
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Housing and Affordability
With a forecasted population of 11,956 people for 2025 zip code 01562 Spencer, MA will generate a good demand for housing, which is expected to have a deficit of 81 houses for 2030. Vacancy rate is 1.2 points above national US average.
- Total homes available 2020
- 5,779
- Estimated total home demand in 2030
- 5,860
- Total homes balance inventory
- 81
Average Household Income in zip code 01562 Spencer, MA
from Internal Revenue Service
- Average household income in 2021
- $89,797
Affordability
- Affordability Index
- 4
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 01562 Spencer, MA?
County total number of drinking water violations
976
+300%
244
County total number of drinking water contaminations
97
+304%
24
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