Newton Lower Falls, MA · standard

ZIP Code 02462

Middlesex County, Massachusetts - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

1,554
1,137/sq mi
$216,339
Median income
$1,210,700
Median home value
64.9%
Bachelor's or higher

The verdict

Newton Lower Falls pairs a top-decile household income with top-decile home values, in a low-density, homeowner-dominated area.

Top 1%
household income, US ZIPs
Top 1%
home value, US ZIPs
1,137
people per sq mi
73%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 02462 against every reporting US ZIP.

ZIP code 02462 covers 1.4 square miles in Newton Lower Falls, Middlesex County, Massachusetts (a standard USPS delivery area), with a modest 1,554 residents on file, a density of 1,137 people per square mile, in the New York time zone.

ZIP 02462 skews affluent, with a median household income of $216,339 (87% above the Massachusetts average), while per-capita income is $86,780. Local economic indicators show a 6.6% poverty rate alongside 1.1% unemployment. The typical home here is valued at $1,210,700 (102% above the state average); renters pay a median of - monthly, and 72.6% of units are owner-occupied.

This is a highly-educated ZIP: 64.9% of adults hold a bachelor's degree or higher, the median age is 50.7, and the average commute is -. To put 02462 in local context, 10 ZIP codes within roughly 10 miles appear further down this page alongside 6 additional ZIPs in Middlesex County, for a geography-aware comparison.

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 02462

Top 5 sectors by establishment count in Newton Lower Falls, MA

Which industries have the most business establishments in ZIP 02462.

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 02462, Newton Lower Falls, 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

1,554

Population

1.4

Area (sq mi)

1,137

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 02462?

50.7

Median Age

47.4%

Male

52.6%

Female

19.7%

Foreign-Born

White 74.5%
African American 3.7%
Asian 13.1%
American Indian or Alaska Native 0.0%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 3.9%
Hispanic or Latino 5.7%

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?

$216,339

Median Household Income

+87% vs state

$86,780

Per Capita Income

6.6%

Poverty Rate

1.1%

Unemployment Rate

How ZIP 02462 ranks nationally

Newton Lower Falls, MA household income vs. every US ZIP code

Median household income, the full national distribution, with this ZIP marked

$216,339 Top 1% higher than 99% 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%). Below this entry. $180,000–$200,000: 186 US ZIPs (1%). Below this entry. $200,000–$220,000: 324 US ZIPs (1%). This entry sits in this band. 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 82.3%
Bachelor's Degree or Higher 64.9%

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

What does housing look like?

515

Total Housing Units

515

Occupied Units

0

Vacant Units

2.40

Avg Household Size

Occupancy Type

Owner 72.6%
Renter 27.4%

$1,210,700

Median Home Value

+102% vs state

1952

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

+1.1%

YoY Change (2021)

265

HPI Index (2000 = 100)

+165%

Total Change Since 2000

Home values in ZIP 02462 have increased 1.1% over the past year (2021). Since 2000, this ZIP has seen +165% cumulative appreciation.

Year Annual Change HPI Index
2017 +20.7% 267
2018 +14.2% 305
2019 -12.3% 267
2020 -2.0% 262
2021 +1.1% 265

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 2021. ZIP codes with few transactions may show missing values.

What businesses operate in this ZIP?

Census Bureau data shows 105 business establishments in ZIP 02462, employing approximately 5,891 people with a combined annual payroll of $635,457,000.

105

Businesses

5,891

Employees

$635.5M

Annual Payroll

9

Industry Sectors

Industry Establishments % of Total
Health care and social assistance 40 38.1%
Finance and insurance 20 19.1%
Other services (except public administration) 12 11.4%
Real estate and rental and leasing 8 7.6%
Professional, scientific, and technical services 8 7.6%
Retail trade 4 3.8%
Accommodation and food services 4 3.8%
Construction 3 2.9%
Administrative and support and waste management and remediation services 3 2.9%

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 02462 vs 02466 →

ZIP 02462 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 02462 ranks #0 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 02462 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 02462 ranks #5 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
02466 Auburndale, MA 8,096 1.1 mi
02468 Waban, MA 5,273 1.3 mi
02481 Wellesley Hills, MA 16,244 1.5 mi
02457 Babson Park, MA 1,432 2.3 mi
02465 West Newton, MA 11,710 2.0 mi
02464 Newton Upper Falls, MA 2,953 2.2 mi
02494 Needham Heights, MA 8,955 2.4 mi
02453 Waltham, MA 28,968 2.8 mi
02461 Newton Highlands, MA 7,059 2.6 mi
02492 Needham, MA 19,931 3.8 mi

More ZIP Codes in Middlesex County

Frequently Asked Questions

What county is ZIP code 02462 in?
ZIP code 02462 (Newton Lower Falls) 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 02462?
ZIP code 02462 in Newton Lower Falls, MA has a population of 1,554 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 02462?
The median household income in ZIP 02462 is $216,339, which is 184% above the national average of $76,288.
What is the average home value in ZIP 02462?
The median home value in ZIP 02462 is $1,210,700, which is 335% above the national average of $278,155.
What is the demographic makeup of ZIP 02462?
The largest racial group in ZIP 02462 is White at 74.5%. Hispanic or Latino residents make up 5.7% of the population.
How many businesses are in ZIP code 02462?
ZIP code 02462 has 105 business establishments employing approximately 5,891 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 02462?
The top industries by establishment count in ZIP 02462 are: Health care and social assistance (40), Finance and insurance (20), Other services (except public administration) (12). There are 9 industry sectors represented in total.
How have home values changed in ZIP code 02462?
According to the FHFA House Price Index, home values in ZIP 02462 increased by 1.1% in 2021. Since 2000, home values in this ZIP have appreciated by approximately 165%. 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 02462?
In ZIP code 02462, 82.3% of residents aged 25+ have a high school diploma or higher, and 64.9% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What percentage of residents own vs. rent in ZIP 02462?
In ZIP code 02462, approximately 72.6% of occupied housing units are owner-occupied and 27.4% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 02462?
The poverty rate in ZIP code 02462 is 6.6% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.