Zip code 02462: Newton Lower Falls, Massachusetts

Q: What city is zip code 02462?

02462 is assigned to Newton Lower Falls, Massachusetts. The city name is the one the Postal Service prefers for mail addressed to this zip code.

Q: What county is 02462 in?

02462 is in Middlesex County, Massachusetts.

Q: What is the population of 02462?

About 1,470 people live in 02462, according to the Census Bureau's American Community Survey.

Q: What is the median household income in 02462?

The median household income in 02462 is $216,339.

Q: What zip codes are near 02462?

The closest zip codes to 02462 are 02466, 02468, 02454, 02481, 02465.

Residential delivery areaMiddlesex CountyEastern Time

Population

1,470

Median household income

$216K

U.S. $81K

Median home value

$1.2M

U.S. $333K

Median rent

—

U.S. $1,413

Median age

50.7

U.S. 38.9

Land area

0.7 sq mi

2,106 people/sq mi

Boundary is the Census Bureau's ZIP Code Tabulation Area, which closely tracks the postal delivery area.

About 02462

02462 is a suburban zip code in Newton Lower Falls, Massachusetts (Middlesex County), covering 0.7 sq mi of land. About 1,470 people live here, or 2,106 per square mile. The median resident is 50.7 years old, compared with 38.9 nationally.

The median household earns $216,339 a year, about 2.7× the national median of $80,734. 6.6% of residents live below the poverty line (U.S.: 12.5%). A typical home is valued at $1,210,700, or 5.6 years of median household income (U.S.: 4.1 years), which makes homes relatively expensive for local earners. 73% of occupied homes are lived in by their owners.

65% of adults hold a bachelor's degree or higher (U.S.: 36%). Commuters average 24.9 minutes each way, and 25% of workers work from home. The most common jobs among working residents are in sales; management; and computer and math (tech). 28% of them are self-employed (U.S.: 10%).

How 02462 compares

Sorted from highest to lowest national percentile

Median household income$216,339
99th
StrengthU.S. $80,734 · MA $103,96020th of 503 in MA
Self-employed workers27.6%
99th
U.S. 10% · MA 8.8%21st of 520 in MA
Median home value$1,210,700
98th
U.S. $332,700 · MA $562,10024th of 506 in MA
Rent-burdened renters71.6%
98th
WeaknessU.S. 51.1% · MA 51.8%40th of 506 in MA
Median earnings per worker$104,653
98th
StrengthU.S. $49,666 · MA $62,09537th of 519 in MA
Per capita income$86,780
96th
StrengthU.S. $44,673 · MA $57,89771st of 522 in MA
Median age50.7
96th
U.S. 38.9 · MA 40103rd of 522 in MA
Tech workers9.8%
96th
U.S. 3.8% · MA 4.9%36th of 520 in MA
Residents 65 and older27.8%
95th
U.S. 17.2% · MA 17.9%97th of 522 in MA
Bachelor's degree or higher64.9%
92nd
StrengthU.S. 35.7% · MA 47.3%125th of 521 in MA
Income inequality (Gini)0.505
90th
WeaknessU.S. 0.483 · MA 0.48955th of 517 in MA
Work from home24.5%
87th
U.S. 15.1% · MA 18.6%147th of 520 in MA
Foreign-born residents19.7%
74th
U.S. 14.1% · MA 18%118th of 522 in MA
Homeownership rate72.6%
60th
U.S. 65.2% · MA 62.5%331st of 518 in MA
Population density2,106/sq mi
58th
U.S. 95/sq mi · MA 903/sq mi154th of 522 in MA
Broadband access93%
58th
U.S. 91% · MA 92.8%310th of 518 in MA
Average commute24.9 min
42nd
U.S. 26.4 min · MA 29.1 min373rd of 504 in MA
Diversity index43.4
41st
U.S. 61.4 · MA 52.7157th of 522 in MA
Poverty rate6.6%
22nd
U.S. 12.5% · MA 10%257th of 519 in MA
Healthcare workers6.7%
13th
U.S. 9.7% · MA 10.3%438th of 520 in MA
Veterans2.7%
12th
U.S. 6.2% · MA 4.3%432nd of 522 in MA
Residents under 1816.1%
11th
U.S. 22% · MA 19.4%355th of 522 in MA
Uninsured rate2.3%
7th
StrengthU.S. 8.4% · MA 2.6%193rd of 521 in MA
Population1,470
2nd
U.S. 334,922,499 · MA 7,044,056448th of 522 in MA
Unemployment rate1.1%
2nd
StrengthU.S. 5.2% · MA 5.2%481st of 520 in MA
Housing vacancy0%
1st
U.S. 10.1% · MA 8.1%512th of 519 in MA
Government workers3.6%
1st
U.S. 14.5% · MA 12.7%504th of 520 in MA

Measure	02462	Middlesex	MA	U.S.	National percentile	Rank in MA
Median household incomeStrength	$216,339	$130,847	$103,960	$80,734	99th	20th of 503
Self-employed workers	27.6%	8.7%	8.8%	10%	99th	21st of 520
Median home value	$1,210,700	$727,800	$562,100	$332,700	98th	24th of 506
Rent-burdened rentersWeakness	71.6%	47.1%	51.8%	51.1%	98th	40th of 506
Median earnings per workerStrength	$104,653	$73,671	$62,095	$49,666	98th	37th of 519
Per capita incomeStrength	$86,780	$69,556	$57,897	$44,673	96th	71st of 522
Median age	50.7	38.9	40	38.9	96th	103rd of 522
Tech workers	9.8%	7.8%	4.9%	3.8%	96th	36th of 520
Residents 65 and older	27.8%	16.3%	17.9%	17.2%	95th	97th of 522
Bachelor's degree or higherStrength	64.9%	59.5%	47.3%	35.7%	92nd	125th of 521
Income inequality (Gini)Weakness	0.505	0.475	0.489	0.483	90th	55th of 517
Work from home	24.5%	24.7%	18.6%	15.1%	87th	147th of 520
Foreign-born residents	19.7%	23.1%	18%	14.1%	74th	118th of 522
Homeownership rate	72.6%	61.3%	62.5%	65.2%	60th	331st of 518
Population density	2,106/sq mi	2,003/sq mi	903/sq mi	95/sq mi	58th	154th of 522
Broadband access	93%	94.7%	92.8%	91%	58th	310th of 518
Average commute	24.9 min	29.9 min	29.1 min	26.4 min	42nd	373rd of 504
Diversity index	43.4	54.3	52.7	61.4	41st	157th of 522
Poverty rate	6.6%	7.7%	10%	12.5%	22nd	257th of 519
Healthcare workers	6.7%	8.9%	10.3%	9.7%	13th	438th of 520
Veterans	2.7%	3.3%	4.3%	6.2%	12th	432nd of 522
Residents under 18	16.1%	19.5%	19.4%	22%	11th	355th of 522
Uninsured rateStrength	2.3%	2.4%	2.6%	8.4%	7th	193rd of 521
Population	1,470	1,638,365	7,044,056	334,922,499	2nd	448th of 522
Unemployment rateStrength	1.1%	4.4%	5.2%	5.2%	2nd	481st of 520
Housing vacancy	0%	4.5%	8.1%	10.1%	1st	512th of 519
Government workers	3.6%	10.8%	12.7%	14.5%	1st	504th of 520

The percentile is the share of Americans who live in a zip code with a lower value, so the 50th percentile is typical. Rank 1 is the highest value in the state. Both include zip codes with at least 100 residents. Strengths and weaknesses mark measures in the best or worst fifth nationally, where higher or lower is clearly better (income, poverty, education, commute, broadband, insurance and similar). Measures like age or density are left unmarked.

People

Age

Under 5

13%

5–17

18–24

25–34

35–44

20%

45–54

11%

55–64

14%

65–74

14%

75+

Median age

50.7

Under 18

16.1%

65 and over

27.8%

Race and ethnicity

White74%
Black4%
Hispanic6%
Asian13%
Native American0%
Pacific Islander0%
Other1%
Multiracial2%

Diversity index

43.4

U.S. 61.4

Foreign-born

19.7%

U.S. 14.1%

Born in state

50.7%

Language spoken at home (households)

English only

83%

Spanish

Other Indo-European

Asian / Pacific

Other

Households

Households: 515
Average household size: 2.4
Family households: 67.4%
Married couples: 58.4%
Living alone: 25.8%
Veterans (of adults): 2.7%
Male / female: 47% / 53%

Income and poverty

Household income distribution

<$25k

12%

$25–50k

10%

$50–75k

$75–100k

$100–150k

$150–200k

$200k+

52%

Median household income

02462

$216,339

Middlesex Co.

$130,847

Massachusetts

$103,960

United States

$80,734

Per capita income

$86,780

U.S. $44,673

Poverty rate

6.6%

U.S. 12.5%

Households earning $150K+

54.4%

U.S. 23%

Income inequality (Gini)

0.505

U.S. 0.483

Housing

Median home value

02462

$1,210,700

Middlesex Co.

$727,800

Massachusetts

$562,100

United States

$332,700

Median gross rent

02462

—

Middlesex Co.

$2,201

Massachusetts

$1,762

United States

$1,413

Types of housing

Single-family

75%

2–4 units

10%

5–19 units

20+ units

Mobile home

Boat, RV, van

Housing units: 515
Owner-occupied: 72.6%
Vacant: 0%
Median year built: 1952
Median rooms: 7.2
Renters paying 30%+ of income: 71.6%
Renters paying 50%+ of income: 43.1%
Home value to income: 5.6× (U.S. 4.1×)

Work and commute

How people get to work

Drove alone

61%

Carpooled

Transit

Walked

Bicycle

Worked from home

25%

Other

Commute time (one way)

<10 min

13%

10–19

16%

20–29

23%

30–44

40%

45–59

60+

Average commute

24.9 min

U.S. 26.4 min

Unemployment

1.1%

U.S. 5.2%

In labor force

58.4%

U.S. 63.5%

Jobs and careers

What employed residents do, wherever they work

Occupations

Sales

18%

Management

17%

Computer and math

10%

Education

10%

Engineering and science

Legal and social services

Healthcare

Food service

Cleaning and personal care

Business and finance

Office and admin

Production

Police and fire

Transportation and moving

0.7%

Arts, media and sports

Construction and repair

Farming, fishing and forestry

Industries

Professional and technical services

32%

Education

14%

Finance, insurance and real estate

10%

Health care and social assistance

Retail

Restaurants and hotels

Other services

Manufacturing

Admin, support and management

Transportation, warehousing and utilities

Public administration

Wholesale

Arts and recreation

Construction

Information

Agriculture and mining

Median earnings per worker

$104,653

U.S. $49,666

Self-employed

27.6%

U.S. 10%

Government workers

3.6%

U.S. 14.5%

Nonprofit workers

18.2%

U.S. 8.8%

Median earnings by type of work

Type of work	02462	U.S.
Management, business, science and arts	$143,977	$74,888
Service	$6,957	$26,804
Sales and office	$48,583	$40,476
Construction and maintenance	—	$49,199
Production and transportation	—	$39,989

Education, internet and health coverage

Highest education (adults 25+)

No diploma

High school

17%

Some college

Associate's

Bachelor's

24%

Graduate

41%

High school graduate or higher: 93.1%
Bachelor's degree or higher: 64.9%
Graduate or professional degree: 41.1%
Households with broadband: 93%
Cable, fiber or DSL: 88.3%
No internet access: 6%
Without health insurance: 2.3%
Limited-English households: 6%

Geography

City (USPS): Newton Lower Falls
State: Massachusetts
County: Middlesex County
Center point: 42.3317° N, 71.2559° W
Land area: 0.7 sq mi
Water area: under 0.1 sq mi
Time zone: Eastern Time (UTC-5, UTC-4 in summer)
Zip type: Residential delivery area

Cities and towns within this zip

Newton100% of zip

Census places overlapping the zip's area. Mail may use a different city name than the municipality.

Zip codes near 02462

Search by radius

Zip	City	Distance	Population	IncomeMedian income	Home value
02466	Auburndale, MA	1 mi	8,679	$170,089	$1,174,000
02468	Waban, MA	1.3 mi	5,773	$250,000+	$1,846,600
02454	Waltham, MA · PO box	1.8 mi	—	—	—
02481	Wellesley Hills, MA	1.8 mi	17,415	$250,000+	$1,694,600
02465	West Newton, MA	1.9 mi	11,697	$194,265	$1,159,200
02464	Newton Upper Falls, MA	2.3 mi	3,833	$105,729	$940,200
02457	Babson Park, MA	2.5 mi	1,881	—	—
02494	Needham Heights, MA	2.6 mi	11,035	$179,720	$1,107,700
02453	Waltham, MA	2.7 mi	31,591	$115,366	$705,100
02461	Newton Highlands, MA	2.7 mi	6,975	$224,000	$1,255,400
02460	Newtonville, MA	2.8 mi	10,099	$177,837	$1,224,600
02493	Weston, MA	3.1 mi	11,579	$250,000+	$1,694,400

Zip codes like 02462 elsewhere

Matched on income, home values, age, density, education, housing and commuting

Hastings On Hudson, NY

Rancho Palos Verdes, CA

Questions about 02462

What city is zip code 02462?

02462 is assigned to Newton Lower Falls, Massachusetts. The city name is the one the Postal Service prefers for mail addressed to this zip code.

What county is 02462 in?

02462 is in Middlesex County, Massachusetts.

What is the population of 02462?

About 1,470 people live in 02462, according to the Census Bureau's American Community Survey.

What time zone is 02462 in?

02462 is in Eastern Time.

What is the median household income in 02462?

The median household income in 02462 is $216,339.

What zip codes are near 02462?

The closest zip codes to 02462 are 02466, 02468, 02454, 02481, 02465.

Demographic figures are 2020–2024 American Community Survey 5-year estimates for ZIP Code Tabulation Area 02462, from the U.S. Census Bureau. Small areas have wide margins of error. How we build these numbers.