ZIP 01340

What ZIP 01340 actually tells you, and what it doesn't

The 01340 ZIP Code Tabulation Area has a population of 1,890 and a median household income of $74,632. Against the other tabulation areas in this dataset, it places as follows.

The median home is priced at about 3.5 times median household income, above the midpoint for reporting areas. A gap of this size usually means demand is being set by buyers whose income is not counted in this ZCTA -- commuters, second-home buyers, or investors.

At the median, rent consumes roughly 17% of a median household's income -- below the midpoint for reporting areas, and well under the 30% line commonly used to define a cost burden.

At a median age of 50.8, 01340 falls in the oldest quarter of reporting areas. Retirement destinations and long-settled rural areas cluster here, and in both the labour-force measures below cover a smaller share of residents than they would in a younger area.

ZCTAs approximate USPS ZIP codes rather than matching them, and these are 5-year ACS estimates, so they trail current conditions.