ZIP Code 02494
standardSource:
Needham Heights · Norfolk County · Massachusetts
- Population
- 8,955
- Median income
- $179,720
- Median home value
- $1,107,700
- Bachelor's or higher
- 76.3%
- Land area
- 7.2 sq mi
1,250/sq mi
▲ 136% vs US
higher than 98% of US ZIPs
▲ 298% vs US
higher than 98% of US ZIPs
Median age 42.9
New York
ZIP code 02494 in Needham Heights, Massachusetts has a population of 8,955. The median household income is $179,720, which is 136% above the national average. Median home value is $1,107,700, 298% above the US average. 76.3% of residents hold a bachelor's degree or higher.
ZIP code 02494 is classified by USPS as a standard delivery area and covers roughly 7.2 square miles in Needham Heights, Norfolk County, Massachusetts. The area is home to 8,955 residents, producing a population density of 1,250 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 02494 against Massachusetts and the nation.
On the economic side, the median household income for ZIP 02494 sits at $179,720 (55% above the Massachusetts average), while per-capita income is $102,850. The poverty rate stands at 2.7% and the unemployment rate at 2.1%. On housing, the median home value is $1,107,700 (85% above the state average) with median rent at $2,492 per month, and 72.2% of occupied units are owner-occupied, a direct signal of whether 02494 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 76.3% of adults hold a bachelor's degree or higher, the median age is 42.9, and the average commute is 27 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Norfolk County, so you can benchmark 02494 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 02494
Top 5 sectors by establishment count
Which industries have the most business establishments in ZIP 02494.
- Professional, scientific, and technical services
Professional, scientific, and technical services
138 establishments
- Health care and social assistance
Health care and social assistance
85 establishments
- Finance and insurance
Finance and insurance
75 establishments
- Real estate and rental and leasing 52
Real estate and rental and leasing
52 establishments
- Other services (except public administration) 50
Other services (except public administration)
50 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 02494, Needham Heights, 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
8,955
Population
7.2
Area (sq mi)
1,250
People / sq mi
New York
Time Zone
standard
ZIP Type
Who lives in ZIP 02494?
42.9
Median Age
47.7%
Male
52.3%
Female
26.1%
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?
$179,720
Median Household Income
+55% vs state
$102,850
Per Capita Income
2.7%
Poverty Rate
2.1%
Unemployment Rate
26.8 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?
4,473
Total Housing Units
4,283
Occupied Units
190
Vacant Units
2.54
Avg Household Size
Occupancy Type
$1,107,700
Median Home Value
+85% vs state
$2,492
Median Rent
1969
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
+5.4%
YoY Change (2024)
279
HPI Index (2000 = 100)
+179%
Total Change Since 2000
Home values in ZIP 02494 have increased 5.4% over the past year (2024). Since 2000, this ZIP has seen +179% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | -0.0% | 215 |
| 2021 | +4.7% | 226 |
| 2022 | +8.1% | 244 |
| 2023 | +8.6% | 265 |
| 2024 | +5.4% | 279 |
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 696 business establishments in ZIP 02494, employing approximately 16,775 people with a combined annual payroll of $2,240,309,000.
696
Businesses
16,775
Employees
$2.2B
Annual Payroll
16
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Professional, scientific, and technical services | 138 | 19.8% |
| Health care and social assistance | 85 | 12.2% |
| Finance and insurance | 75 | 10.8% |
| Real estate and rental and leasing | 52 | 7.5% |
| Other services (except public administration) | 50 | 7.2% |
| Retail trade | 48 | 6.9% |
| Construction | 46 | 6.6% |
| Information | 42 | 6.0% |
| Wholesale trade | 32 | 4.6% |
| Administrative and support and waste management and remediation services | 30 | 4.3% |
| Educational services | 27 | 3.9% |
| Accommodation and food services | 25 | 3.6% |
| Manufacturing | 21 | 3.0% |
| Arts, entertainment, and recreation | 10 | 1.4% |
| Management of companies and enterprises | 8 | 1.1% |
| Transportation and warehousing | 6 | 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 02494 vs 02464 →
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 02464 | Newton Upper Falls, MA | 2,953 | 1.1 mi |
| 02468 | Waban, MA | 5,273 | 1.9 mi |
| 02492 | Needham, MA | 19,931 | 1.7 mi |
| 02457 | Babson Park, MA | 1,432 | 1.9 mi |
| 02461 | Newton Highlands, MA | 7,059 | 1.7 mi |
| 02462 | Newton Lower Falls, MA | 1,554 | 2.4 mi |
| 02465 | West Newton, MA | 11,710 | 3.4 mi |
| 02459 | Newton Center, MA | 19,095 | 2.3 mi |
| 02481 | Wellesley Hills, MA | 16,244 | 2.3 mi |
| 02466 | Auburndale, MA | 8,096 | 3.2 mi |
More ZIP Codes in Norfolk County
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Frequently Asked Questions
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How have home values changed in ZIP code 02494? ▼
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ZIP Code Research Guides
Official Data Resources for Needham Heights, 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.