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 High-density area
- $173,750
- Median income Above-median income area
- $617,300
- Median home value Above-median home value
- 62.4%
- Bachelor's or higher Above-average bachelor's attainment
National ZIP placement
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.
FHFA HPI release change
What changed in the latest House Price Index year
- FHFA House Price Index values in ZIP 02053 (Medway, MA) rose +8.4% from 2023 to 2024. The all-transactions index moved from 229.8 in 2023 to 249.2 in 2024 (2000 = 100).
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 average Massachusetts ZIP), while per-capita income is $78,143. Both reported hardship measures are comparatively low in absolute terms: poverty is 3.3% and unemployment is 3.8%. Median home value is $617,300 (3% above the average Massachusetts ZIP) and median rent is $1,575; 85.9% of occupied homes are owner-occupied.
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. The page also surfaces 10 ZIP codes within roughly 10 miles and 6 more in Norfolk County, so 02053 can be compared with both its immediate and county-level context.
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 ZIP avg
$78,143
Per Capita Income
3.3%
Poverty Rate
3.8%
Unemployment Rate
30.4 min
Mean Commute Time
How ZIP 02053 ranks among Massachusetts ZIPs
Medway, MA household income vs. every Massachusetts ZIP code
Median household income among 505 reporting Massachusetts ZIPs (this ZIP's population is too small for a reliable national-corpus placement)
$173,750 Top 10% higher than 90% of 505 Massachusetts ZIPs
Each bar is a $20K-wide band; taller bars hold more Massachusetts 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?
Housing stock: occupied vs vacant
4,768housing units
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 ZIP avg
$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)
$250,000 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 |
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 02053, both outside MA so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).
Similar population
Nearest cross-state ZIPs by resident population (12,752 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Norfolk County
Related Areas
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.
Related
Take this with you
What to do with ZIP 02053's numbers, next.
- See how ZIP 02053 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Medway, MA ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
- Save this ZIP to your shortlist to track alongside others you're considering View your shortlist
ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.