ZIP Code 02462
standardSource:
Newton Lower Falls · Middlesex County · Massachusetts
- Population
- 1,554
- Median income
- $216,339
- Median home value
- $1,210,700
- Bachelor's or higher
- 64.9%
- Land area
- 1.4 sq mi
1,137/sq mi
▲ 184% vs US
higher than 99% of US ZIPs
▲ 335% vs US
higher than 99% of US ZIPs
Median age 50.7
New York
ZIP code 02462 in Newton Lower Falls, Massachusetts has a population of 1,554. The median household income is $216,339, which is 184% above the national average. Median home value is $1,210,700, 335% above the US average. 64.9% of residents hold a bachelor's degree or higher.
ZIP code 02462 is classified by USPS as a standard delivery area and covers roughly 1.4 square miles in Newton Lower Falls, Middlesex County, Massachusetts. The area is home to 1,554 residents, producing a population density of 1,137 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 02462 against Massachusetts and the nation.
On the economic side, the median household income for ZIP 02462 sits at $216,339 (87% above the Massachusetts average), while per-capita income is $86,780. The poverty rate stands at 6.6% and the unemployment rate at 1.1%. On housing, the median home value is $1,210,700 (102% above the state average) with median rent at — per month, and 72.6% of occupied units are owner-occupied, a direct signal of whether 02462 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 64.9% of adults hold a bachelor's degree or higher, the median age is 50.7, and the average commute is —. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Middlesex County, so you can benchmark 02462 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 02462
Top 5 sectors by establishment count
Which industries have the most business establishments in ZIP 02462.
- Health care and social assistance
Health care and social assistance
40 establishments
- Finance and insurance
Finance and insurance
20 establishments
- Other services (except public administration) 12
Other services (except public administration)
12 establishments
- Real estate and rental and leasing 8
Real estate and rental and leasing
8 establishments
- Professional, scientific, and technical services 8
Professional, scientific, and technical services
8 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 + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, 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; HUD FMR + 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
Who lives in ZIP 02462?
50.7
Median Age
47.4%
Male
52.6%
Female
19.7%
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?
$216,339
Median Household Income
+87% vs state
$86,780
Per Capita Income
6.6%
Poverty Rate
1.1%
Unemployment Rate
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?
515
Total Housing Units
515
Occupied Units
0
Vacant Units
2.40
Avg Household Size
Occupancy Type
$1,210,700
Median Home Value
+102% vs state
1952
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
+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 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
Related Areas
Frequently Asked Questions
What county is ZIP code 02462 in? ▼
What is the population of ZIP code 02462? ▼
What is the median household income in ZIP 02462? ▼
What is the average home value in ZIP 02462? ▼
What is the demographic makeup of ZIP 02462? ▼
How many businesses are in ZIP code 02462? ▼
What are the main industries in ZIP code 02462? ▼
How have home values changed in ZIP code 02462? ▼
What is the education level in ZIP code 02462? ▼
What percentage of residents own vs. rent in ZIP 02462? ▼
What is the poverty rate in ZIP code 02462? ▼
ZIP Code Research Guides
Official Data Resources for Newton Lower Falls, 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.
PlainZIP is not affiliated with the U.S. Census Bureau or any government agency.
Read our methodology , how this data is sourced, computed, and verified.