ZIP Code 01862

standard

Source:

North Billerica · Middlesex County · Massachusetts

Population
10,227

427/sq mi

Median income
$138,571

▲ 82% vs US

higher than 95% of US ZIPs

Median home value
$586,200

▲ 111% vs US

higher than 90% of US ZIPs

Bachelor's or higher
38.8%

Median age 40.7

Land area
23.9 sq mi

New York

ZIP code 01862 in North Billerica, Massachusetts has a population of 10,227. The median household income is $138,571, which is 82% above the national average. Median home value is $586,200, 111% above the US average. 38.8% of residents hold a bachelor's degree or higher.

ZIP code 01862 is classified by USPS as a standard delivery area and covers roughly 23.9 square miles in North Billerica, Middlesex County, Massachusetts. The area is home to 10,227 residents, producing a population density of 427 people per square mile, and falls within the New York time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 01862 against Massachusetts and the nation.

On the economic side, the median household income for ZIP 01862 sits at $138,571 (20% above the Massachusetts average), while per-capita income is $55,587. The poverty rate stands at 5.9% and the unemployment rate at 5.9%. On housing, the median home value is $586,200 (2% below the state average) with median rent at $2,142 per month, and 71.6% of occupied units are owner-occupied, a direct signal of whether 01862 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 38.8% of adults hold a bachelor's degree or higher, the median age is 40.7, and the average commute is 29 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Middlesex County, so you can benchmark 01862 against its immediate geography rather than a national average alone. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →

Top industries in ZIP 01862

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 01862.

establishments

What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.

Source U.S. Census Bureau · ZIP Code Business Patterns (ZBP) As of 2023

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 01862, North Billerica, MA · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; HUD FMR + FHFA HPI updated quarterly/annually.

Quick Facts

10,227

Population

23.9

Area (sq mi)

427

People / sq mi

New York

Time Zone

standard

ZIP Type

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 01862?

40.7

Median Age

55.9%

Male

44.1%

Female

16.3%

Foreign-Born

White 70.8%
African American 3.5%
Asian 7.5%
American Indian or Alaska Native 0.0%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 10.1%
Hispanic or Latino 12.2%

Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

How much do residents earn?

$138,571

Median Household Income

+20% vs state

$55,587

Per Capita Income

5.9%

Poverty Rate

5.9%

Unemployment Rate

29.2 min

Mean Commute Time

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What is the education profile here?

High School Graduate or Higher 65.9%
Bachelor's Degree or Higher 38.8%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

4,376

Total Housing Units

4,364

Occupied Units

12

Vacant Units

2.55

Avg Household Size

Occupancy Type

Owner 71.6%
Renter 28.4%

$586,200

Median Home Value

-2% vs state

$2,142

Median Rent

1977

Median Year Built

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

FHFA House Price Index, annual appreciation data based on repeat sales and appraisals

+10.5%

YoY Change (2024)

281

HPI Index (2000 = 100)

+181%

Total Change Since 2000

Home values in ZIP 01862 have increased 10.5% over the past year (2024). Since 2000, this ZIP has seen +181% cumulative appreciation.

Year Annual Change HPI Index
2020 +4.8% 192
2021 +9.3% 210
2022 +12.8% 237
2023 +7.3% 254
2024 +10.5% 281

Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.

What businesses operate in this ZIP?

Census Bureau data shows 430 business establishments in ZIP 01862, employing approximately 11,110 people with a combined annual payroll of $1,072,692,000.

430

Businesses

11,110

Employees

$1.1B

Annual Payroll

16

Industry Sectors

Industry Establishments % of Total
Construction 89 20.7%
Manufacturing 51 11.9%
Wholesale trade 47 10.9%
Retail trade 43 10.0%
Other services (except public administration) 35 8.1%
Professional, scientific, and technical services 33 7.7%
Administrative and support and waste management and remediation services 31 7.2%
Accommodation and food services 26 6.0%
Health care and social assistance 22 5.1%
Transportation and warehousing 12 2.8%
Information 9 2.1%
Real estate and rental and leasing 9 2.1%
Educational services 6 1.4%
Finance and insurance 5 1.2%
Management of companies and enterprises 5 1.2%
Arts, entertainment, and recreation 4 0.9%

Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.

Nearby ZIP Codes

Want a side-by-side? Compare 01862 vs 01852 →

ZIP Code City Population Distance
01852 Lowell, MA 33,508 4.0 mi
01821 Billerica, MA 30,310 2.7 mi
01824 Chelmsford, MA 24,911 3.4 mi
01850 Lowell, MA 15,237 5.6 mi
01730 Bedford, MA 13,221 5.4 mi
01851 Lowell, MA 30,190 4.3 mi
01741 Carlisle, MA 4,852 4.3 mi
01876 Tewksbury, MA 28,667 4.2 mi
01826 Dracut, MA 29,422 7.5 mi
01854 Lowell, MA 27,606 5.8 mi

More ZIP Codes in Middlesex County

Frequently Asked Questions

What county is ZIP code 01862 in?
ZIP code 01862 (North Billerica) is located in Middlesex County, Massachusetts. Middlesex County contains multiple ZIP codes, see the full list at /counties/middlesex-ma.
What is the population of ZIP code 01862?
ZIP code 01862 in North Billerica, MA has a population of 10,227 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 01862?
The median household income in ZIP 01862 is $138,571, which is 82% above the national average of $76,288.
What is the average home value in ZIP 01862?
The median home value in ZIP 01862 is $586,200, which is 111% above the national average of $278,155.
What is the demographic makeup of ZIP 01862?
The largest racial group in ZIP 01862 is White at 70.8%. Hispanic or Latino residents make up 12.2% of the population.
How many businesses are in ZIP code 01862?
ZIP code 01862 has 430 business establishments employing approximately 11,110 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 01862?
The top industries by establishment count in ZIP 01862 are: Construction (89), Manufacturing (51), Wholesale trade (47). There are 16 industry sectors represented in total.
How have home values changed in ZIP code 01862?
According to the FHFA House Price Index, home values in ZIP 01862 increased by 10.5% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 181%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 01862?
In ZIP code 01862, 65.9% of residents aged 25+ have a high school diploma or higher, and 38.8% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 01862?
The mean commute time for workers in ZIP code 01862 is 29.2 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend more time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 01862?
In ZIP code 01862, approximately 71.6% of occupied housing units are owner-occupied and 28.4% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 01862?
The poverty rate in ZIP code 01862 is 5.9% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

ZIP Code Research Guides

Official Data Resources for North Billerica, MA

Verify and explore additional data for this area using these official government sources.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023). Business data: Source: Census ZIP Code Business Patterns (ZBP) 2023. Home value trends: Source: FHFA House Price Index (HPI), Five-Digit ZIP Codes.

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