Boston-Cambridge-Newton, MA-NH · Massachusetts

Norfolk County

ZIP 02019

724,540 residents1,116 permits TTM$126,497 median HHI40 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$649,400

ACS 5-Year

Cap rate proxy

3.8%

FMR × 0.65 ÷ Home Value

Rent-to-income

19.7%

HUD FMR ÷ ACS HHI

Net migration

+2.82%

IRS SOI

Permits (TTM)

1,116

Census BPS

Climate risk

92.0

FEMA NRI (0–100)

ZIP 02019

Median home value

Gross yield

Buy Box score

0.8

Section 8 gap

Affordability

P/I: 4.2R/I: 24.2%

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown40 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldBuy Box scoreSection 8 gap
023430.9
023220.9
021910.8
020190.8
020540.7
020530.7
023680.7
020720.6
021890.6
020320.6
021690.6
020560.6
021900.5
021880.5
021840.4
027620.4
021710.4
020350.4
020260.4
020380.4
020620.4
020810.3
020930.3
020210.3
021700.2
020520.2
021860.2
020670.2
024460.2
024450.1
024670.1
020250.1
020900.1
024940.0
024920.0
020300.0
024820.0
024810.0
02071
02457

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Demographics

Owner-occupied

68.5%

Census ACS

Vacancy rate

4.1%

Census ACS

Bachelor's degree +

57.6%

Census ACS

Rent burdened

48.6%

Census ACS (>30% income)

Median age

40.9

Census ACS

Data sources
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026