ZIP Code 02481
standardSource:
Wellesley Hills · Norfolk County · Massachusetts
- Population
- 16,244
- Median income
- $250,001
- Median home value
- $1,694,600
- Bachelor's or higher
- 90.6%
- Land area
- 14.6 sq mi
1,112/sq mi
▲ 228% vs US
higher than 100% of US ZIPs
▲ 509% vs US
higher than 99% of US ZIPs
Median age 36.7
New York
ZIP code 02481 in Wellesley Hills, Massachusetts has a population of 16,244. The median household income is $250,001, which is 228% above the national average. Median home value is $1,694,600, 509% above the US average. 90.6% of residents hold a bachelor's degree or higher.
ZIP code 02481 is classified by USPS as a standard delivery area and covers roughly 14.6 square miles in Wellesley Hills, Norfolk County, Massachusetts. The area is home to 16,244 residents, producing a population density of 1,112 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 02481 against Massachusetts and the nation.
On the economic side, the median household income for ZIP 02481 sits at $250,001 (116% above the Massachusetts average), while per-capita income is $121,763. The poverty rate stands at 2.4% and the unemployment rate at 3.9%. On housing, the median home value is $1,694,600 (183% above the state average) with median rent at $3,054 per month, and 87.3% of occupied units are owner-occupied, a direct signal of whether 02481 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 90.6% of adults hold a bachelor's degree or higher, the median age is 36.7, and the average commute is 28 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Norfolk County, so you can benchmark 02481 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 02481
Top 5 sectors by establishment count
Which industries have the most business establishments in ZIP 02481.
- Professional, scientific, and technical services
Professional, scientific, and technical services
187 establishments
- Health care and social assistance
Health care and social assistance
139 establishments
- Finance and insurance
Finance and insurance
118 establishments
- Real estate and rental and leasing 45
Real estate and rental and leasing
45 establishments
- Other services (except public administration) 38
Other services (except public administration)
38 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 02481, Wellesley Hills, 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
16,244
Population
14.6
Area (sq mi)
1,112
People / sq mi
New York
Time Zone
standard
ZIP Type
Who lives in ZIP 02481?
36.7
Median Age
41.6%
Male
58.4%
Female
13.6%
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?
$250,001
Median Household Income
+116% vs state
$121,763
Per Capita Income
2.4%
Poverty Rate
3.9%
Unemployment Rate
27.8 min
Mean Commute Time
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?
5,217
Total Housing Units
5,111
Occupied Units
106
Vacant Units
2.92
Avg Household Size
Occupancy Type
$1,694,600
Median Home Value
+183% vs state
$3,054
Median Rent
1951
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
+4.7%
YoY Change (2024)
223
HPI Index (2000 = 100)
+123%
Total Change Since 2000
Home values in ZIP 02481 have increased 4.7% over the past year (2024). Since 2000, this ZIP has seen +123% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2019 | -3.3% | 189 |
| 2020 | -1.6% | 186 |
| 2021 | +7.0% | 199 |
| 2022 | +4.7% | 208 |
| 2024 | — | 223 |
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 719 business establishments in ZIP 02481, employing approximately 12,557 people with a combined annual payroll of $1,487,044,000.
719
Businesses
12,557
Employees
$1.5B
Annual Payroll
16
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Professional, scientific, and technical services | 187 | 26.0% |
| Health care and social assistance | 139 | 19.3% |
| Finance and insurance | 118 | 16.4% |
| Real estate and rental and leasing | 45 | 6.3% |
| Other services (except public administration) | 38 | 5.3% |
| Retail trade | 37 | 5.2% |
| Accommodation and food services | 33 | 4.6% |
| Construction | 28 | 3.9% |
| Administrative and support and waste management and remediation services | 23 | 3.2% |
| Wholesale trade | 16 | 2.2% |
| Information | 14 | 1.9% |
| Educational services | 14 | 1.9% |
| Arts, entertainment, and recreation | 12 | 1.7% |
| Manufacturing | 7 | 1.0% |
| Transportation and warehousing | 3 | 0.4% |
| Management of companies and enterprises | 3 | 0.4% |
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 02481 vs 02457 →
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 02457 | Babson Park, MA | 1,432 | 1.1 mi |
| 02462 | Newton Lower Falls, MA | 1,554 | 1.5 mi |
| 02482 | Wellesley, MA | 10,306 | 1.9 mi |
| 02464 | Newton Upper Falls, MA | 2,953 | 2.8 mi |
| 02494 | Needham Heights, MA | 8,955 | 2.3 mi |
| 02466 | Auburndale, MA | 8,096 | 2.5 mi |
| 02468 | Waban, MA | 5,273 | 2.4 mi |
| 02492 | Needham, MA | 19,931 | 3.0 mi |
| 02461 | Newton Highlands, MA | 7,059 | 3.4 mi |
| 02493 | Weston, MA | 11,261 | 3.4 mi |
More ZIP Codes in Norfolk County
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Frequently Asked Questions
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What is the demographic makeup of ZIP 02481? ▼
How many businesses are in ZIP code 02481? ▼
What are the main industries in ZIP code 02481? ▼
How have home values changed in ZIP code 02481? ▼
What is the education level in ZIP code 02481? ▼
What is the average commute time in ZIP 02481? ▼
What percentage of residents own vs. rent in ZIP 02481? ▼
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ZIP Code Research Guides
Official Data Resources for Wellesley Hills, 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.