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.
- 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 + 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
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
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
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?
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 02462 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 02453
Waltham (02453)
28,968 residents
- 02492
Needham (02492)
19,931 residents
- 02481
Wellesley Hills (02481)
16,244 residents
- 02465
West Newton (02465)
11,710 residents
- 02494 8,955
Needham Heights (02494)
8,955 residents
- 02466 8,096
Auburndale (02466)
8,096 residents
- 02461 7,059
Newton Highlands (02461)
7,059 residents
- 02468 5,273
Waban (02468)
5,273 residents
- 02464 2,953
Newton Upper Falls (02464)
2,953 residents
What this shows Among its immediate neighbors, ZIP 02462 ranks #0 by population - useful context the national average alone can't give.
ZIP 02462 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 02468
Waban (02468)
$250,001 median income
- 02481
Wellesley Hills (02481)
$250,001 median income
- 02492
Needham (02492)
$226,645 median income
- 02461
Newton Highlands (02461)
$224,000 median income
- 02462
Newton Lower Falls (02462)
$216,339 median income
- 02465
West Newton (02465)
$194,265 median income
- 02494
Needham Heights (02494)
$179,720 median income
- 02466
Auburndale (02466)
$170,089 median income
- 02453
Waltham (02453)
$115,366 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.
| 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? ▼
Read our methodology to see how this data is sourced, computed, and verified.