ZIP 04551

What ZIP 04551 actually tells you, and what it doesn't

The 04551 ZIP Code Tabulation Area has a population of 815 and a median household income of $91,842. Against the other tabulation areas in this dataset, it places as follows.

The median home costs around 4.1 times what a median household here earns in a year, placing 04551 in the most expensive quarter of reporting areas. Wherever the multiple runs this far ahead of local pay, ownership is largely closed to people earning the local median, and the rental figures below matter more than the sale price.

Median rent works out to about 21% of median household income, above the midpoint for reporting areas though still short of the 30% cost-burden line. Note that this compares two medians, not the same households: renters here typically earn less than the ZCTA-wide median, so their real share is higher.

At a median age of 51.1, 04551 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.