The 01860 ZIP Code is primarily associated with Merrimac, MA in Essex County in the United States. The current population estimate is 6,890. An estimated 23.3% of residents in the 01860 ZIP Code are of age 62 years and older. Overall, the region has a median age of 47.7 years. In this Massachusetts region, an estimated 94.3% hold a high school degree or higher, and the per capita income is approximately $44,616. Approximately 1% of the population lives below the poverty line, while the median househould income sits at $84,609.
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The median household income in ZIP Code 01860 is $84,609, while the region's mean household income is $111,519. Breaking income down further, per capita income in the region is $44,616. The per capita income in ZIP Code 01860 of $44,616 is approximately 1.95% more than the per capita income in Massachusetts overall of $43,761. An estimated 1.0% of the population is living below the poverty line in this region. This rate is approximately 89.47% lower than the overall poverty rate in the U.S. of 9.5%. Regarding household income, approximately 16.5% of the population in 01860 earn $50,000 to $74,999 per year, while an estimated 16.1% earn $200,000 or more per year, and 0.4% of 01860 residents earn less than $10,000 per year.
| Household Income | Percent |
|---|---|
| Less than $10,000 per year | 0.4% |
| $10,000 to $14,999 per year | 3.9% |
| $15,000 to $24,999 per year | 5.6% |
| $25,000 to $34,999 per year | 7.2% |
| $35,000 to $49,999 per year | 10.9% |
| $50,000 to $74,999 per year | 16.5% |
| $75,000 to $99,999 per year | 11.5% |
| $100,000 to $149,999 per year | 15.1% |
| $150,000 to $199,999 per year | 12.7% |
| $200,000 or more per year | 16.1% |
In ZIP Code 01860, 94.3% of the population graduated high school, while 43.7% have a bachelor's degree or higher. In this region, 1.5% achieved an education level less than 9th grade, while 14.8% hold a graduate or professional degree. Approximately 23.3% in this Essex County region reached the highest level of high school graduate (including equivalency).
| Education Level | Percent |
|---|---|
| Less than 9th grade | 1.5% |
| 9th to 12th grade, no diploma | 4.2% |
| High school graduate (includes equivalency) | 23.3% |
| Some college, no degree | 19.4% |
| Associate's degree | 7.9% |
| Bachelor's degree | 28.9% |
| Graduate or professional degree | 14.8% |
Looking at race in the population that makes up ZIP Code 01860, 99.3% is one race, while 0.7% are two or more races. Approximately 2.4% of 01860 residents are hispanic or Latino (of any race). The most common race in 01860 (race alone or in combination with one or more other races), is White (97.4%), followed by Asian (1.7%) .
| Industry | Percent |
|---|---|
| White | 97.4% |
| Black or African American | 0.2% |
| American Indian and Alaska Native | 0.0% |
| Asian | 1.7% |
| Native Hawaiian and Other Pacific Islander | 0.0% |
| Some other race | 1.3% |
In ZIP Code 01860, 95.7% of the population lists "English only" as the language spoken in home, while 0.9% of lists Spanish. Additionally, Asian and Pacific Islander languages are spoken in 2.9% of homes, and other Indo-European languages are spoken in 0.5% 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 Essex County region.
| Language Spoken | Percent |
|---|---|
| English only | 95.7% |
| Spanish | 0.9% |
| Other Indo-European languages | 2.9% |
| Asian and Pacific Islander languages | 0.5% |
| Other languages | 0.0% |
Regarding the age of homes in ZIP Code 01860, an estimated 23.5% of homes were built in 1939 or earlier. Additionally, 22.8% of homes in the region were built between 1990 and 1999, while an estimated 1.7% of homes were built between 1940 and 1949 in this Essex County region.
| Year Home Built | Percent |
|---|---|
| Built in 2014 or later | 3.2% |
| Built between 2010 and 2013 | 4.5% |
| Built between 2000 and 2009 | 10.3% |
| Built between 1990 and 1999 | 22.8% |
| Built between 1980 and 1989 | 16.5% |
| Built between 1970 and 1979 | 6.5% |
| Built between 1960 and 1969 | 4.1% |
| Built between 1950 and 1959 | 7.0% |
| Built between 1940 and 1949 | 1.7% |
| Built in 1939 or earlier | 23.5% |
Residents of ZIP Code 01860 are older than average. The median age of 47.7 years in ZIP Code 01860 is approximately 25.2% higher than the overall median age in the U.S. of 38.1 years. About 80.5% of residents are aged 18 years and older, and 23.3% of residents are 62 years and over. Approximately 20.8% of the population in 01860 falls in the age group 45 to 54 years, while an estimated 11.3% are aged 35 to 44 years. On the low end of the scale, 1.9% of 01860 residents are aged 85 years and over.
| Age Range | Percent |
|---|---|
| Under 5 years | 3.7% |
| 5 to 9 years | 4.9% |
| 10 to 14 years | 5.4% |
| 15 to 19 years | 10.3% |
| 20 to 24 years | 4.8% |
| 25 to 34 years | 3.9% |
| 35 to 44 years | 11.3% |
| 45 to 54 years | 20.8% |
| 55 to 59 years | 9.1% |
| 60 to 64 years | 6.4% |
| 65 to 74 years | 10.9% |
| 75 to 84 years | 6.3% |
| 85 years and over | 1.9% |
| Health Issue | Percent of adults* |
|---|
One of the top preventative health measures in ZIP Code 01860 is current access to health insurance, as an estimated 97.1% of adults 18 and older take part in this preventive measure. Additionally, % of those 18 and above in 01860 list , as a preventive measure.
| Preventive Measure | Percent of adults* |
|---|---|
| Current access to health insurance | 97.1% |
| Risk Behavior | Percent of adults* |
|---|
Regarding solar power potential, ZIP Code 01860 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 01860 | 16¢/kWh | 16.11¢/kWh | 18.31¢/kWh |
| Massachusetts | 29.23¢/kWh | 20.59¢/kWh | 18.78¢/kWh |
| United States | 16.94¢/kWh | 13.2¢/kWh | 8.21¢/kWh |
| Month | ZIP Code 01860 | Low (WA) | High (AZ) |
|---|---|---|---|
| Jan | 3.79 | 1.9 | 5.84 |
| Feb | 4.71 | 3 | 6.31 |
| Mar | 5.19 | 3.65 | 7.02 |
| Apr | 5.5 | 5.13 | 7.3 |
| May | 5.48 | 5.17 | 7.13 |
| Jun | 5.49 | 5.72 | 6.95 |
| Jul | 5.97 | 6.22 | 6.51 |
| Aug | 6.1 | 6.08 | 6.65 |
| Sep | 5.61 | 5.15 | 7.02 |
| Oct | 4.43 | 3.32 | 6.92 |
| Nov | 3.56 | 2.33 | 5.99 |
| Dec | 3.25 | 1.78 | 5.46 |
In 01860, 68.3% of the population is in the labor force. Recent estimates place 10.2% as working from home, while the total labor force in the region has a mean travel to time to work of 32.6 minutes. Approximately 26.8% of the employed population 16 years and over in 01860 work in educational services, and health care and social assistance, while an estimated 20.7% work in professional, scientific, management, and administrative. On the lower end of the scale, just 0.0% of 01860 workers 16 years and over work in agriculture, forestry, fishing and hunting, and mining.
| Industry | Percent |
|---|---|
| Agriculture, forestry, fishing and hunting, and mining | 0.0% |
| Construction | 4.2% |
| Manufacturing | 13.8% |
| Wholesale trade | 4.1% |
| Retail trade | 10.3% |
| Transportation and warehousing, and utilities | 3.9% |
| Information | 1.4% |
| Finance and insurance, and real estate and rental and leasing | 2.5% |
| Professional, scientific, management, and administrative | 20.7% |
| Educational services, and health care and social assistance | 26.8% |
| Arts, entertainment, and recreation, and accommodation and food services | 4.0% |
| Other services, except public administration | 3.6% |
| Public administration | 4.5% |
Regarding consumer complaints about financial products in ZIP Code 01860, credit reporting or credit repair services have received the most complaints in 01860 in the past 12 months. Mortgage received the second most complaints. The most frequent complaint overall in this Essex County region was incorrect information on a report.
| Complaint Product | Number of Complaints* |
|---|---|
| Credit reporting or credit repair services | 8 |
| Mortgage | 2 |
| Student loan | 2 |
| Credit card or prepaid card | 1 |
| Credit reporting or other personal consumer reports | 1 |
| Complaint Issue | Number of Complaints* |
|---|---|
| Incorrect information on your report | 6 |
| Improper use of your report | 3 |
| Applying for a mortgage or refinancing an existing mortgage | 1 |
| Dealing with your lender or servicer | 1 |
| Other features, terms, or problems | 1 |
| Other | 2 |