The 01702 ZIP Code is primarily associated with Framingham, MA in Middlesex County in the United States. The current population estimate is 39,799. In this Massachusetts region, an estimated 85.7% hold a high school degree or higher, and the per capita income is approximately $33,572. Approximately 9% of the population is living below the poverty line. The median household income of this region is $65,154.
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The median household income in ZIP Code 01702 is $65,154, while the region's mean household income is $84,775. Breaking income down further, per capita income in the region is $33,572. The per capita income in ZIP Code 01702 of $33,572 is approximately 23.28% less than the per capita income in the U.S. overall of $43,761. An estimated 9.1% of the population is living below the poverty line in this region. This rate is approximately 4.21% lower than the overall poverty rate in the U.S. of 9.5%. Regarding household income, approximately 18.2% of the population in 01702 earn $50,000 to $74,999 per year, while an estimated 15.0% earn $100,000 to $149,999 per year, and 4.3% of 01702 residents earn $10,000 to $14,999 per year.
| Household Income | Percent |
|---|---|
| Less than $10,000 per year | 6.5% |
| $10,000 to $14,999 per year | 4.3% |
| $15,000 to $24,999 per year | 6.8% |
| $25,000 to $34,999 per year | 8.0% |
| $35,000 to $49,999 per year | 12.3% |
| $50,000 to $74,999 per year | 18.2% |
| $75,000 to $99,999 per year | 14.7% |
| $100,000 to $149,999 per year | 15.0% |
| $150,000 to $199,999 per year | 7.9% |
| $200,000 or more per year | 6.5% |
In ZIP Code 01702, 85.7% of the population graduated high school, while 36.9% have a bachelor's degree or higher. In this region, 7.7% achieved an education level less than 9th grade, while 15.0% hold a graduate or professional degree. Approximately 28.9% in this Middlesex County region reached the highest level of high school graduate (including equivalency).
| Education Level | Percent |
|---|---|
| Less than 9th grade | 7.7% |
| 9th to 12th grade, no diploma | 6.6% |
| High school graduate (includes equivalency) | 28.9% |
| Some college, no degree | 15.6% |
| Associate's degree | 4.3% |
| Bachelor's degree | 21.9% |
| Graduate or professional degree | 15.0% |
Looking at race in the population that makes up ZIP Code 01702, 96.7% is one race, while 3.3% are two or more races. Approximately 24.1% of 01702 residents are hispanic or Latino (of any race). The most common race in 01702 (race alone or in combination with one or more other races), is White (62.9%), followed by Some other race (20.0%) .
| Industry | Percent |
|---|---|
| White | 62.9% |
| Black or African American | 10.7% |
| American Indian and Alaska Native | 1.0% |
| Asian | 8.3% |
| Native Hawaiian and Other Pacific Islander | 0.5% |
| Some other race | 20.0% |
In ZIP Code 01702, 45.5% of the population lists "English only" as the language spoken in home, while 22.1% of lists Spanish. Additionally, Asian and Pacific Islander languages are spoken in 24.8% of homes, and other Indo-European languages are spoken in 5.4% of homes. Lastly, 2.2% of homes list "other languages" as spoken in the home. All percentages referenced are for the population 5 years and older in this Middlesex County region.
| Language Spoken | Percent |
|---|---|
| English only | 45.5% |
| Spanish | 22.1% |
| Other Indo-European languages | 24.8% |
| Asian and Pacific Islander languages | 5.4% |
| Other languages | 2.2% |
The median home value in ZIP Code 01702 in March 2024 comes in at $626,720. The March 2024 value is approximately 3% higher than the $611,143 median value in October 2023, and 8% higher than the $577,943 median value in April 2023. Regarding the age of homes in ZIP Code 01702, an estimated 26.1% of homes were built in 1939 or earlier. Additionally, 19.9% of homes in the region were built between 1970 and 1979, while an estimated 0.4% of homes were built in 2014 or later in this Middlesex County region.
| Month | Home value |
|---|---|
| Mar 2024 | $626,720 |
| Feb 2024 | $620,577 |
| Jan 2024 | $617,232 |
| Dec 2023 | $615,418 |
| Nov 2023 | $613,550 |
| Oct 2023 | $611,143 |
| Sep 2023 | $607,408 |
| Aug 2023 | $602,837 |
| Jul 2023 | $597,258 |
| Jun 2023 | $591,176 |
| May 2023 | $584,917 |
| Apr 2023 | $577,943 |
| Year Home Built | Percent |
|---|---|
| Built in 2014 or later | 0.4% |
| Built between 2010 and 2013 | 1.4% |
| Built between 2000 and 2009 | 2.1% |
| Built between 1990 and 1999 | 7.8% |
| Built between 1980 and 1989 | 7.4% |
| Built between 1970 and 1979 | 19.9% |
| Built between 1960 and 1969 | 11.3% |
| Built between 1950 and 1959 | 15.7% |
| Built between 1940 and 1949 | 7.8% |
| Built in 1939 or earlier | 26.1% |
Residents of ZIP Code 01702 are younger than average. The median age of 34.9 years in ZIP Code 01702 is approximately 8.4% lower than the overall median age in the U.S. of 38.1 years. About 79.3% of residents are aged 18 years and older, and 14.8% of residents are 62 years and over. Approximately 18.6% of the population in 01702 falls in the age group 25 to 34 years, while an estimated 15.3% are aged 35 to 44 years. On the low end of the scale, 2.0% of 01702 residents are aged 85 years and over.
| Age Range | Percent |
|---|---|
| Under 5 years | 6.3% |
| 5 to 9 years | 5.6% |
| 10 to 14 years | 5.4% |
| 15 to 19 years | 7.9% |
| 20 to 24 years | 6.4% |
| 25 to 34 years | 18.6% |
| 35 to 44 years | 15.3% |
| 45 to 54 years | 11.3% |
| 55 to 59 years | 5.5% |
| 60 to 64 years | 5.6% |
| 65 to 74 years | 6.1% |
| 75 to 84 years | 3.9% |
| 85 years and over | 2.0% |
Regarding solar power potential, ZIP Code 01702 has an average daily solar radiation level of 4.88 kWh/m2/day. This is approximately 18.45% greater than an area in the U.S. with historically low solar radiation levels (WA), and about 25.95% less than an area in the U.S. with historically high solar radiation levels (AZ).
| Region | Residential | Commercial | Industrial |
|---|---|---|---|
| ZIP Code 01702 | 14.91¢/kWh | 13.84¢/kWh | 12.57¢/kWh |
| Massachusetts | 29.25¢/kWh | 21.37¢/kWh | 17.99¢/kWh |
| United States | 16.1¢/kWh | 12.81¢/kWh | 7.81¢/kWh |
| Month | ZIP Code 01702 | Low (WA) | High (AZ) |
|---|---|---|---|
| Jan | 3.68 | 1.9 | 5.84 |
| Feb | 4.67 | 3 | 6.31 |
| Mar | 5.06 | 3.65 | 7.02 |
| Apr | 5.45 | 5.13 | 7.3 |
| May | 5.43 | 5.17 | 7.13 |
| Jun | 5.65 | 5.72 | 6.95 |
| Jul | 5.82 | 6.22 | 6.51 |
| Aug | 5.65 | 6.08 | 6.65 |
| Sep | 5.64 | 5.15 | 7.02 |
| Oct | 4.41 | 3.32 | 6.92 |
| Nov | 3.8 | 2.33 | 5.99 |
| Dec | 3.27 | 1.78 | 5.46 |
In 01702, 73.6% of the population is in the labor force. Recent estimates place 6.2% as working from home, while the total labor force in the region has a mean travel to time to work of 31.6 minutes. Approximately 24.3% of the employed population 16 years and over in 01702 work in educational services, and health care and social assistance, while an estimated 15.8% work in professional, scientific, management, and administrative. On the lower end of the scale, just 0.3% of 01702 workers 16 years and over work in agriculture, forestry, fishing and hunting, and mining.
| Industry | Percent |
|---|---|
| Agriculture, forestry, fishing and hunting, and mining | 0.3% |
| Construction | 10.2% |
| Manufacturing | 6.0% |
| Wholesale trade | 1.4% |
| Retail trade | 12.3% |
| Transportation and warehousing, and utilities | 3.1% |
| Information | 2.1% |
| Finance and insurance, and real estate and rental and leasing | 5.8% |
| Professional, scientific, management, and administrative | 15.8% |
| Educational services, and health care and social assistance | 24.3% |
| Arts, entertainment, and recreation, and accommodation and food services | 9.4% |
| Other services, except public administration | 7.8% |
| Public administration | 1.4% |
Regarding consumer complaints about financial products in ZIP Code 01702, credit card or prepaid card have received the most complaints in 01702 in the past 12 months. Checking or savings account received the second most complaints. The most frequent complaint overall in this Middlesex County region was problem with a purchase or transfer.
| Complaint Product | Number of Complaints* |
|---|---|
| Credit card or prepaid card | 12 |
| Checking or savings account | 8 |
| Credit reporting or credit repair services | 7 |
| Debt collection | 6 |
| Money transfer, virtual currency, or money service | 3 |
| Complaint Issue | Number of Complaints* |
|---|---|
| Problem with a purchase or transfer | 8 |
| Attempts to collect debt not owed | 5 |
| Managing an account | 5 |
| Incorrect information on your report | 4 |
| Problem with a credit reporting company's investigation | 3 |
| Other | 11 |