01262, Stockbridge, MA

The Stockbridge, MA 1262 zip code is located in Middlesex County and has a population of approximately 21,000. The median household income in the 1262 zip code is $106,000 and the median home value is $527,500. The 1262 zip code has a 0% foreclosure rate and an average commute time of 25 minutes.

Stockbridge was originally settled in 1636 as part of the town of Sudbury. In 1806, it became part of Charlestown Township and in 1873 it became part of the newly formed town of Stockbridge. The town was named for General Joseph Stockbridge, who fought in the American Revolution.

The economy of Stockbridge is primarily based on agriculture and manufacturing. However, since 1990 there has been a significant increase in the number of businesses located in the 1262 zip code that provide services to homeowners such as home equity loans or home improvement services. This growth can be attributed to several factors including increased demand for housing due to rising prices nationwide and increased access to credit due to improvements made by banks in their lending practices following the financial crisis of 2007-2008.

As a result of these factors, homeownership rates have remained high throughout much of the 1262 zip code despite increasing interest rates over time. In fact, according to Zillow’s 2018 Home Value Index report, homeownership rates in Stockbridge are higher than both statewide ( Massachusetts) and national averages (Zillow reports 78% vs Massachusetts' 67% and U.S.' 64%).

Despite this strong trend towards homeownership, there are still some areas within the 1262 zip code where single family homes are more prevalent than multi-family dwellings (such as apartments). This may be attributable to restrictions placed on development by local zoning laws or historical factors such as migration patterns from rural areas into cities during periods when jobs were available but not available at affordable prices close to homes (such as during World War II).

In addition to housing values and homeownerhip rates, another important factor affecting stock prices within the 1262 zip code is interest rates offered on mortgages by banks. Since 2007-2008 when mortgage lending practices were tightened following the financial crisis, banks have been more selective about whom they lend money to – resulting in fewer mortgages being issued overall but also higher interest rates for those mortgages that are issued. As a result, stock prices within ZIP Code 1262 tend to move relatively independently from mortgage interest rates – with changes in mortgage interest rates generally having smaller impacts on stock prices than changes elsewhere within markets where stocks are traded on exchanges (such as stocks traded on Wall Street).