01240 can be classified socioeconomically as Lower Middle Class class compared to other ZIP Codes in Massachusetts based on Median Household Income and Average Adjusted Gross Income. The majority race/ethnicity residing in 01240 is White. The majority race/ethnicity attending public schools in 01240 is White. The current unemployment level in 01240 is 3.6%.
| Population | 4,922 |
| Population Growth Rate | 9.64% |
| Population Density | 211 People per Square Mile |
| Total Households | 2,096 |
| Percentage High Income Households | 3.7% |
| Median Household Income (2021) | $72,200 |
| Average Adjusted Gross Income (2021) | $754,630 |
| Current Unemployment Rate (November 2024) | 3.6% |
| Majority Race/Ethnicty | White - 92.23% |
| Public School Majority Race/Ethnicty | White - 80.13% |
01240 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 4,537 | 92.23% |
| Black | 105 | 2.13% |
| Hispanic | 249 | 5.06% |
| Asian | 0 | 0% |
| Native American | 28 | 0.57% |
| Hawaiian/Pac. Islander | 0 | 0% |
01240 Public School Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 601 | 84.29% |
| Black | 3 | 0.42% |
| Hispanic | 71 | 9.96% |
| Asian | 37 | 5.19% |
| Native American | 0 | 0% |
| Hawaiian/Pac. Islander | 1 | 0.14% |
01240 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
|---|
| Less Than 1 Year of College | 137 | 4.31% |
| Bachelor Degree | 780 | 24.57% |
| High School Diploma | 876 | 27.59% |
| No High School Diploma | 13 | 0.41% |
| GED or Alternate | 11 | 0.35% |
| 1 or More Years of College | 315 | 9.92% |
| Associates Degree | 277 | 8.72% |
| Masters Degree | 562 | 17.7% |
| Professional Degree | 130 | 4.09% |
| Doctorate Degree | 74 | 2.33% |