Boston-Cambridge-Newton, MA-NH · Massachusetts

Norfolk County

ZIP 02482

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 02482

Median home value

Gross yield

Cap rate

1.4%

Rent gap

Affordability

P/I: 14.1R/I:

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown40 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
020725.3%
020195.8%
023434.6%
023224.4%
023685.3%

Ranked by composite score

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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