The 01562 ZIP Code is primarily associated with Spencer, MA in Worcester County in the United States. The current population estimate is 11,928. Approximately 3% of the population is living below the poverty line. The median household income of this region is $72,821. The ZIP Code 01562 has a median age of approximately 45.7 years, with 23.6% of residents aged 62 years and older. In this Massachusetts region, an estimated 89.0% hold a high school degree or higher, and the per capita income is approximately $34,389.
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The median household income in ZIP Code 01562 is $72,821, while the region's mean household income is $82,456. Breaking income down further, per capita income in the region is $34,389. The per capita income in ZIP Code 01562 of $34,389 is approximately 21.42% less than the per capita income in the U.S. overall of $43,761. An estimated 3.0% of the population is living below the poverty line in this region. This rate is approximately 68.42% lower than the overall poverty rate in the U.S. of 9.5%. Regarding household income, approximately 24.7% of the population in 01562 earn $100,000 to $149,999 per year, while an estimated 20.3% earn $50,000 to $74,999 per year, and 3.4% of 01562 residents earn $200,000 or more per year.
| Household Income | Percent |
|---|---|
| Less than $10,000 per year | 3.6% |
| $10,000 to $14,999 per year | 6.7% |
| $15,000 to $24,999 per year | 7.8% |
| $25,000 to $34,999 per year | 5.6% |
| $35,000 to $49,999 per year | 6.6% |
| $50,000 to $74,999 per year | 20.3% |
| $75,000 to $99,999 per year | 14.6% |
| $100,000 to $149,999 per year | 24.7% |
| $150,000 to $199,999 per year | 6.7% |
| $200,000 or more per year | 3.4% |
In ZIP Code 01562, 89.0% of the population graduated high school, while 19.4% have a bachelor's degree or higher. In this region, 4.0% achieved an education level less than 9th grade, while 6.9% hold a graduate or professional degree. Approximately 36.4% in this Worcester County region reached the highest level of high school graduate (including equivalency).
| Education Level | Percent |
|---|---|
| Less than 9th grade | 4.0% |
| 9th to 12th grade, no diploma | 7.0% |
| High school graduate (includes equivalency) | 36.4% |
| Some college, no degree | 24.1% |
| Associate's degree | 9.1% |
| Bachelor's degree | 12.5% |
| Graduate or professional degree | 6.9% |
Looking at race in the population that makes up ZIP Code 01562, 97.7% is one race, while 2.3% are two or more races. Approximately 3.3% of 01562 residents are hispanic or Latino (of any race). The most common race in 01562 (race alone or in combination with one or more other races), is White (95.6%), followed by Asian (4.4%) .
| Industry | Percent |
|---|---|
| White | 95.6% |
| Black or African American | 1.7% |
| American Indian and Alaska Native | 0.7% |
| Asian | 4.4% |
| Native Hawaiian and Other Pacific Islander | 0.0% |
| Some other race | 0.0% |
In ZIP Code 01562, 93.1% of the population lists "English only" as the language spoken in home, while 3.0% of lists Spanish. Additionally, Asian and Pacific Islander languages are spoken in 1.2% of homes, and other Indo-European languages are spoken in 2.8% of homes. Lastly, 0.0% of homes list "other languages" as spoken in the home. All percentages referenced are for the population 5 years and older in this Worcester County region.
| Language Spoken | Percent |
|---|---|
| English only | 93.1% |
| Spanish | 3.0% |
| Other Indo-European languages | 1.2% |
| Asian and Pacific Islander languages | 2.8% |
| Other languages | 0.0% |
Regarding the age of homes in ZIP Code 01562, an estimated 34.4% of homes were built in 1939 or earlier. Additionally, 14.3% of homes in the region were built between 1970 and 1979, while an estimated 0.0% of homes were built in 2014 or later in this Worcester County region.
| Year Home Built | Percent |
|---|---|
| Built in 2014 or later | 0.0% |
| Built between 2010 and 2013 | 2.5% |
| Built between 2000 and 2009 | 5.9% |
| Built between 1990 and 1999 | 8.8% |
| Built between 1980 and 1989 | 13.4% |
| Built between 1970 and 1979 | 14.3% |
| Built between 1960 and 1969 | 8.9% |
| Built between 1950 and 1959 | 7.8% |
| Built between 1940 and 1949 | 3.9% |
| Built in 1939 or earlier | 34.4% |
Residents of ZIP Code 01562 are older than average. The median age of 45.7 years in ZIP Code 01562 is approximately 19.95% higher than the overall median age in the U.S. of 38.1 years. About 84.0% of residents are aged 18 years and older, and 23.6% of residents are 62 years and over. Approximately 14.9% of the population in 01562 falls in the age group 45 to 54 years, while an estimated 13.7% are aged 35 to 44 years. On the low end of the scale, 0.9% of 01562 residents are aged 85 years and over.
| Age Range | Percent |
|---|---|
| Under 5 years | 3.2% |
| 5 to 9 years | 3.6% |
| 10 to 14 years | 6.8% |
| 15 to 19 years | 5.1% |
| 20 to 24 years | 5.4% |
| 25 to 34 years | 11.1% |
| 35 to 44 years | 13.7% |
| 45 to 54 years | 14.9% |
| 55 to 59 years | 8.7% |
| 60 to 64 years | 9.1% |
| 65 to 74 years | 11.7% |
| 75 to 84 years | 5.7% |
| 85 years and over | 0.9% |
| Health Issue | Percent of adults* |
|---|
One of the top preventative health measures in ZIP Code 01562 is current access to health insurance, as an estimated 96.1% of adults 18 and older take part in this preventive measure. Additionally, % of those 18 and above in 01562 list , as a preventive measure.
| Preventive Measure | Percent of adults* |
|---|---|
| Current access to health insurance | 96.1% |
| Risk Behavior | Percent of adults* |
|---|
Regarding solar power potential, ZIP Code 01562 has an average daily solar radiation level of 4.92 kWh/m2/day. This is approximately 19.42% greater than an area in the U.S. with historically low solar radiation levels (WA), and about 25.34% less than an area in the U.S. with historically high solar radiation levels (AZ).
| Region | Residential | Commercial | Industrial |
|---|---|---|---|
| ZIP Code 01562 | 13.13¢/kWh | 7.38¢/kWh | 5.14¢/kWh |
| Massachusetts | 30.41¢/kWh | 22.08¢/kWh | 18.52¢/kWh |
| United States | 18.07¢/kWh | 14.06¢/kWh | 9.02¢/kWh |
| Month | ZIP Code 01562 | Low (WA) | High (AZ) |
|---|---|---|---|
| Jan | 4.02 | 1.9 | 5.84 |
| Feb | 4.7 | 3 | 6.31 |
| Mar | 5.21 | 3.65 | 7.02 |
| Apr | 5.58 | 5.13 | 7.3 |
| May | 5.49 | 5.17 | 7.13 |
| Jun | 5.49 | 5.72 | 6.95 |
| Jul | 5.99 | 6.22 | 6.51 |
| Aug | 5.77 | 6.08 | 6.65 |
| Sep | 5.56 | 5.15 | 7.02 |
| Oct | 4.49 | 3.32 | 6.92 |
| Nov | 3.69 | 2.33 | 5.99 |
| Dec | 3.1 | 1.78 | 5.46 |
In 01562, 68.9% of the population is in the labor force. Recent estimates place 2.7% as working from home, while the total labor force in the region has a mean travel to time to work of 33.1 minutes. Approximately 22.9% of the employed population 16 years and over in 01562 work in educational services, and health care and social assistance, while an estimated 13.8% work in manufacturing. On the lower end of the scale, just 1.7% of 01562 workers 16 years and over work in information.
| Industry | Percent |
|---|---|
| Agriculture, forestry, fishing and hunting, and mining | 1.7% |
| Construction | 10.8% |
| Manufacturing | 13.8% |
| Wholesale trade | 3.3% |
| Retail trade | 10.9% |
| Transportation and warehousing, and utilities | 3.8% |
| Information | 1.7% |
| Finance and insurance, and real estate and rental and leasing | 8.4% |
| Professional, scientific, management, and administrative | 5.0% |
| Educational services, and health care and social assistance | 22.9% |
| Arts, entertainment, and recreation, and accommodation and food services | 6.7% |
| Other services, except public administration | 7.2% |
| Public administration | 3.8% |