01516 can be classified socioeconomically as 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 01516 is White. The majority race/ethnicity attending public schools in 01516 is White. The current unemployment level in 01516 is 4.6%.
| Population | 9,213 |
| Population Growth Rate | 5.04% |
| Population Density | 242 People per Square Mile |
| Total Households | 3,138 |
| Percentage High Income Households | 4.1% |
| Median Household Income (2021) | $133,854 |
| Average Adjusted Gross Income (2021) | $361,340 |
| Current Unemployment Rate (May 2026) | 4.6% |
| Sales Tax Rate (2025) | 6.2% |
| Majority Race/Ethnicty | White - 93.70% |
| Public School Majority Race/Ethnicty | White - 90.18% |
01516 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
| White | 8,728 | 93.7% |
| Black | 28 | 0.3% |
| Hispanic | 480 | 5.15% |
| Asian | 79 | 0.85% |
| Native American | 0 | 0% |
| Hawaiian/Pac. Islander | 0 | 0% |
01516 Public School Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
| White | 1,038 | 93.18% |
| Black | 8 | 0.72% |
| Hispanic | 57 | 5.12% |
| Asian | 9 | 0.81% |
| Native American | 0 | 0% |
| Hawaiian/Pac. Islander | 2 | 0.18% |
01516 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
| Less Than 1 Year of College | 421 | 7.83% |
| Bachelor Degree | 1,267 | 23.55% |
| High School Diploma | 1,453 | 27.01% |
| No High School Diploma | 78 | 1.45% |
| GED or Alternate | 297 | 5.52% |
| 1 or More Years of College | 744 | 13.83% |
| Associates Degree | 554 | 10.3% |
| Masters Degree | 541 | 10.06% |
| Professional Degree | 24 | 0.45% |
| Doctorate Degree | 0 | 0% |