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.

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 + 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

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 02053?

40.7

Median Age

48.4%

Male

51.6%

Female

7.5%

Foreign-Born

White 83.9%
African American 1.1%
Asian 5.3%
American Indian or Alaska Native 0.0%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 8.4%
Hispanic or Latino 4.2%

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?

$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

$0–$20,000: 118 US ZIPs (0%). Below this entry. $20,000–$40,000: 1,573 US ZIPs (5%). Below this entry. $40,000–$60,000: 7,092 US ZIPs (23%). Below this entry. $60,000–$80,000: 9,980 US ZIPs (33%). Below this entry. $80,000–$100,000: 5,778 US ZIPs (19%). Below this entry. $100,000–$120,000: 2,855 US ZIPs (9%). Below this entry. $120,000–$140,000: 1,362 US ZIPs (4%). Below this entry. $140,000–$160,000: 686 US ZIPs (2%). Below this entry. $160,000–$180,000: 364 US ZIPs (1%). This entry sits in this band. $180,000–$200,000: 186 US ZIPs (1%). Above this entry. $200,000–$220,000: 324 US ZIPs (1%). Above this entry. This ZIP $0 $200K+ every reporting US ZIP, bucketed by value

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?

High School Graduate or Higher 74.2%
Bachelor's Degree or Higher 62.4%

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

Owner 85.9%
Renter 14.1%

$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)

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.

residents

What this shows Among its immediate neighbors, ZIP 02053 ranks #7 by population - useful context the national average alone can't give.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023

ZIP 02053 vs its nearest neighbors, by median income

Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.

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.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023
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

Frequently Asked Questions

What county is ZIP code 02053 in?
ZIP code 02053 (Medway) is located in Norfolk County, Massachusetts. Norfolk County contains multiple ZIP codes, see the full list at /counties/norfolk-ma.
What is the population of ZIP code 02053?
ZIP code 02053 in Medway, MA has a population of 12,752 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 02053?
The median household income in ZIP 02053 is $173,750, which is 128% above the national average of $76,288.
What is the average home value in ZIP 02053?
The median home value in ZIP 02053 is $617,300, which is 122% above the national average of $278,155.
What is the demographic makeup of ZIP 02053?
The largest racial group in ZIP 02053 is White at 83.9%. Hispanic or Latino residents make up 4.2% of the population.
How many businesses are in ZIP code 02053?
ZIP code 02053 has 349 business establishments employing approximately 3,713 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 02053?
The top industries by establishment count in ZIP 02053 are: Construction (53), Retail trade (43), Health care and social assistance (39). There are 17 industry sectors represented in total.
How have home values changed in ZIP code 02053?
According to the FHFA House Price Index, home values in ZIP 02053 increased by 8.4% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 149%. 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 02053?
In ZIP code 02053, 74.2% of residents aged 25+ have a high school diploma or higher, and 62.4% 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 02053?
The mean commute time for workers in ZIP code 02053 is 30.4 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 02053?
In ZIP code 02053, approximately 85.9% of occupied housing units are owner-occupied and 14.1% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 02053?
The poverty rate in ZIP code 02053 is 3.3% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.