Zip Code:
02139 is a Massachusetts Zip code within the city of Cambridge and the county of Middlesex County. Its population is roughly 38,715.
The 2139 zip code of Cambridge, MA is home to a number of prestigious universities and has a median household income that is above the national average. This combination has led to an increase in home equity and home prices in this area.
According to Zillow, the median home value in the 2139 zip code was $1,085,000 as of September 2017. This represents an increase of 7% from the previous year and is well above the national average of $217,500. In addition, Zillow reports that the percentage of homes sold for over $1 million increased by 10% in this zip code between 2016 and 2017.
These high levels of home values have resulted in significant increases in homeowners' equity. As of September 2017, Zillow reports that the median homeowner's equity was $409,000. This represents a 127% increase from 2007 and is well above both the national average (which was 116%) and Cambridge's own median household income ($141,400).
While there are some risks associated with high levels of homeowners' equity (such as potential declines in value if interest rates rise), these risks are relatively small compared to other investment opportunities available today. In addition, homeowners who have invested wisely can enjoy significant benefits such as reduced monthly payments on their mortgages or increased retirement savings due to rising stock prices over time.
Price Index: Cambridge-Newton-Framingham, MA (MSAD)
Zipcode | Population | Density | Timezone | Latitude | Longitude | City | County | State |
---|---|---|---|---|---|---|---|---|
02215 | 25,770 | 13,006 | America/New_York | 42.34778 | -71.10287 | Boston | Suffolk County | Massachusetts |
02141 | 14,522 | 8,709.4 | America/New_York | 42.36997 | -71.08268 | Cambridge | Middlesex County | Massachusetts |
02142 | 3,676 | 5,106.3 | America/New_York | 42.36195 | -71.08196 | Cambridge | Middlesex County | Massachusetts |