Zip Code:
01740 is a Massachusetts Zip code within the city of Bolton and the county of Worcester County. Its population is roughly 5,299.
Bolton is a small town in Massachusetts with a population of just over 2,000. The median household income in the town is just over $75,000, and the median home value is just over $200,000. In recent years, Bolton has seen an increase in home equity and home prices. As of 2016, the median home value was $236,500 and the median home equity was $128,500. This indicates that there is a lot of wealth in the town and that people are able to buy homes at high prices.
One reason for this increase in home values may be due to Bolton's location. The town is located close to Boston and other major cities, which makes it a desirable place to live. Additionally, Bolton has been growing rapidly in recent years; this may also contribute to increased demand for homes and higher home values.
Despite these positive trends, there are some concerns about the future of Bolton's housing market. One issue is that many people who live in Bolton are baby boomers who are now reaching retirement age. As these residents start to retire and sell their homes, they may cause downward pressure on prices overall. Another potential issue is that interest rates have been low for a long time now; if interest rates rise significantly from their current levels (which they could), this could lead to decreased demand for homes and lower prices overall.
Price Index: Worcester, MA-CT
Zipcode | Population | Density | Timezone | Latitude | Longitude | City | County | State |
---|---|---|---|---|---|---|---|---|
01749 | 19,887 | 666.1 | America/New_York | 42.38868 | -71.54647 | Hudson | Middlesex County | Massachusetts |
01503 | 3,182 | 94.7 | America/New_York | 42.38378 | -71.63551 | Berlin | Worcester County | Massachusetts |
01467 | 276 | 56.4 | America/New_York | 42.48772 | -71.61729 | Still River | Worcester County | Massachusetts |
01561 | 209 | 654.6 | America/New_York | 42.44394 | -71.68551 | South Lancaster | Worcester County | Massachusetts |