Medway, MA · standard
ZIP Code 02053
Norfolk County, Massachusetts - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 12,752
- 427/sq mi
- $173,750
- Median income
- $617,300
- Median home value
- 62.4%
- Bachelor's or higher
The verdict
Medway pairs a top-decile household income with top-decile home values, in a low-density, homeowner-dominated area.
- Top 2%
- household income, US ZIPs
- Top 9%
- home value, US ZIPs
- 427
- people per sq mi
- 86%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 02053 against every reporting US ZIP.
ZIP code 02053 is a mid-sized community (a standard USPS delivery area) in Medway, Norfolk County, Massachusetts, home to 12,752 residents across 29.9 square miles, a density of 427 people per square mile, in the New York time zone.
ZIP 02053 skews affluent, with a median household income of $173,750 (50% above the Massachusetts average), while per-capita income is $78,143. 3.3% of residents live below the poverty line, and the unemployment rate reads 3.8%. Median home value sits at $617,300 (3% above the state average), median rent at $1,575 a month, and owner-occupancy at 85.9%.
This is a highly-educated ZIP: 62.4% of adults hold a bachelor's degree or higher, the median age is 40.7, and the average commute is 30 minutes. A geography-based comparison follows: 10 ZIP codes within about 10 miles of 02053, plus 6 more within Norfolk County, give a clearer read than the national average alone.
Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →
Top industries in ZIP 02053
Top 5 sectors by establishment count in Medway, MA
Which industries have the most business establishments in ZIP 02053.
- Construction
Construction
53 establishments
- Retail trade
Retail trade
43 establishments
- Health care and social assistance
Health care and social assistance
39 establishments
- Other services (except public administration)
Other services (except public administration)
37 establishments
- Administrative and support and waste management and remediation services
Administrative and support and waste management and remediation services
36 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, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 02053, Medway, MA · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.
Quick Facts
12,752
Population
29.9
Area (sq mi)
427
People / sq mi
New York
Time Zone
standard
ZIP Type
Who lives in ZIP 02053?
40.7
Median Age
48.4%
Male
51.6%
Female
7.5%
Foreign-Born
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?
$173,750
Median Household Income
+50% vs state
$78,143
Per Capita Income
3.3%
Poverty Rate
3.8%
Unemployment Rate
30.4 min
Mean Commute Time
How ZIP 02053 ranks nationally
Medway, MA household income vs. every US ZIP code
Median household income, the full national distribution, with this ZIP marked
$173,750 Top 2% higher than 98% of 30,318 US ZIPs
Each bar is a $20K-wide band; taller bars hold more US ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
4,768
Total Housing Units
4,744
Occupied Units
24
Vacant Units
2.80
Avg Household Size
Occupancy Type
$617,300
Median Home Value
+3% vs state
$1,575
Median Rent
1976
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
FHFA House Price Index, annual appreciation data based on repeat sales and appraisals
+8.4%
YoY Change (2024)
249
HPI Index (2000 = 100)
+149%
Total Change Since 2000
Home values in ZIP 02053 have increased 8.4% over the past year (2024). Since 2000, this ZIP has seen +149% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +2.7% | 169 |
| 2021 | +9.9% | 186 |
| 2022 | +14.8% | 214 |
| 2023 | +7.6% | 230 |
| 2024 | +8.4% | 249 |
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 349 business establishments in ZIP 02053, employing approximately 3,713 people with a combined annual payroll of $203,287,000.
349
Businesses
3,713
Employees
$203.3M
Annual Payroll
17
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Construction | 53 | 15.2% |
| Retail trade | 43 | 12.3% |
| Health care and social assistance | 39 | 11.2% |
| Other services (except public administration) | 37 | 10.6% |
| Administrative and support and waste management and remediation services | 36 | 10.3% |
| Professional, scientific, and technical services | 34 | 9.7% |
| Accommodation and food services | 27 | 7.7% |
| Finance and insurance | 17 | 4.9% |
| Manufacturing | 13 | 3.7% |
| Wholesale trade | 9 | 2.6% |
| Information | 9 | 2.6% |
| Educational services | 7 | 2.0% |
| Real estate and rental and leasing | 6 | 1.7% |
| Transportation and warehousing | 5 | 1.4% |
| Arts, entertainment, and recreation | 5 | 1.4% |
| Agriculture, forestry, fishing and hunting | 3 | 0.9% |
| Management of companies and enterprises | 3 | 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 02053 vs 01746 →
ZIP 02053 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 01702
Framingham (01702)
37,206 residents
- 02038
Franklin (02038)
31,635 residents
- 01757
Milford (01757)
28,061 residents
- 01721
Ashland (01721)
16,593 residents
- 02019
Bellingham (02019)
16,332 residents
- 01746 13,547
Holliston (01746)
13,547 residents
- 02053 12,752
Medway (02053)
12,752 residents
- 02056 10,981
Norfolk (02056)
10,981 residents
- 02054 7,891
Millis (02054)
7,891 residents
What this shows Among its immediate neighbors, ZIP 02053 ranks #7 by population - useful context the national average alone can't give.
ZIP 02053 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 01770
Sherborn (01770)
$250,001 median income
- 02056
Norfolk (02056)
$200,720 median income
- 02053
Medway (02053)
$173,750 median income
- 01746
Holliston (01746)
$159,817 median income
- 02054
Millis (02054)
$155,996 median income
- 02038
Franklin (02038)
$145,773 median income
- 01721
Ashland (01721)
$127,539 median income
- 02019
Bellingham (02019)
$125,307 median income
- 01747
Hopedale (01747)
$115,722 median income
What this shows By household income, ZIP 02053 ranks #3 of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 01746 | Holliston, MA | 13,547 | 3.2 mi |
| 02054 | Millis, MA | 7,891 | 3.6 mi |
| 02038 | Franklin, MA | 31,635 | 4.7 mi |
| 01757 | Milford, MA | 28,061 | 4.6 mi |
| 02019 | Bellingham, MA | 16,332 | 5.7 mi |
| 01702 | Framingham, MA | 37,206 | 8.9 mi |
| 01770 | Sherborn, MA | 4,119 | 6.2 mi |
| 01747 | Hopedale, MA | 5,911 | 5.8 mi |
| 02056 | Norfolk, MA | 10,981 | 5.7 mi |
| 01721 | Ashland, MA | 16,593 | 7.5 mi |
More ZIP Codes in Norfolk County
Related Areas
Frequently Asked Questions
What county is ZIP code 02053 in? ▼
What is the population of ZIP code 02053? ▼
What is the median household income in ZIP 02053? ▼
What is the average home value in ZIP 02053? ▼
What is the demographic makeup of ZIP 02053? ▼
How many businesses are in ZIP code 02053? ▼
What are the main industries in ZIP code 02053? ▼
How have home values changed in ZIP code 02053? ▼
What is the education level in ZIP code 02053? ▼
What is the average commute time in ZIP 02053? ▼
What percentage of residents own vs. rent in ZIP 02053? ▼
What is the poverty rate in ZIP code 02053? ▼
Read our methodology to see how this data is sourced, computed, and verified.