The 02116 ZIP Code is primarily associated with Boston, MA in Suffolk County in the United States. The current population estimate is 23,157. Approximately 76.5% of residents in this Massachusetts region have a bachelor's degree or higher, and the per capita income is an estimated $108,943. The median age in the 02116 ZIP Code is 35.3 years, with 19.4% of residents aged 62 years and older. The median household income is at $110,280, while an estimated 6% of the population in this ZIP is living below the poverty line.
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The median household income in ZIP Code 02116 is $110,280, while the region's mean household income is $202,036. Breaking income down further, per capita income in the region is $108,943. The per capita income in ZIP Code 02116 of $108,943 is approximately 148.95% more than the per capita income in Massachusetts overall of $43,761. An estimated 6.4% of the population is living below the poverty line in this region. This rate is approximately 32.63% lower than the overall poverty rate in the U.S. of 9.5%. Regarding household income, approximately 31.2% of the population in 02116 earn $200,000 or more per year, while an estimated 13.2% earn $100,000 to $149,999 per year, and 4.5% of 02116 residents earn $15,000 to $24,999 per year.
| Household Income | Percent |
|---|---|
| Less than $10,000 per year | 8.6% |
| $10,000 to $14,999 per year | 4.9% |
| $15,000 to $24,999 per year | 4.5% |
| $25,000 to $34,999 per year | 5.1% |
| $35,000 to $49,999 per year | 6.0% |
| $50,000 to $74,999 per year | 10.2% |
| $75,000 to $99,999 per year | 6.6% |
| $100,000 to $149,999 per year | 13.2% |
| $150,000 to $199,999 per year | 9.6% |
| $200,000 or more per year | 31.2% |
In ZIP Code 02116, 91.4% of the population graduated high school, while 76.5% have a bachelor's degree or higher. In this region, 6.5% achieved an education level less than 9th grade, while 43.1% hold a graduate or professional degree. Approximately 6.8% in this Suffolk County region reached the highest level of high school graduate (including equivalency).
| Education Level | Percent |
|---|---|
| Less than 9th grade | 6.5% |
| 9th to 12th grade, no diploma | 2.0% |
| High school graduate (includes equivalency) | 6.8% |
| Some college, no degree | 5.9% |
| Associate's degree | 2.2% |
| Bachelor's degree | 33.4% |
| Graduate or professional degree | 43.1% |
Looking at race in the population that makes up ZIP Code 02116, 97.1% is one race, while 2.9% are two or more races. Approximately 7.6% of 02116 residents are hispanic or Latino (of any race). The most common race in 02116 (race alone or in combination with one or more other races), is White (77.1%), followed by Asian (16.3%) .
| Industry | Percent |
|---|---|
| White | 77.1% |
| Black or African American | 6.6% |
| American Indian and Alaska Native | 0.5% |
| Asian | 16.3% |
| Native Hawaiian and Other Pacific Islander | 0.4% |
| Some other race | 2.1% |
In ZIP Code 02116, 73.5% of the population lists "English only" as the language spoken in home, while 5.7% of lists Spanish. Additionally, Asian and Pacific Islander languages are spoken in 8.1% of homes, and other Indo-European languages are spoken in 11.3% of homes. Lastly, 1.5% of homes list "other languages" as spoken in the home. All percentages referenced are for the population 5 years and older in this Suffolk County region.
| Language Spoken | Percent |
|---|---|
| English only | 73.5% |
| Spanish | 5.7% |
| Other Indo-European languages | 8.1% |
| Asian and Pacific Islander languages | 11.3% |
| Other languages | 1.5% |
The median home value in ZIP Code 02116 in July 2024 comes in at $2,641,736. The July 2024 value is approximately 1% higher than the $2,614,698 median value in February 2024, and -4% lower than the $2,749,990 median value in August 2023. Regarding the age of homes in ZIP Code 02116, an estimated 57.7% of homes were built in 1939 or earlier. Additionally, 10.8% of homes in the region were built between 2000 and 2009, while an estimated 1.4% of homes were built between 1990 and 1999 in this Suffolk County region.
| Month | Home value |
|---|---|
| Jul 2024 | $2,641,736 |
| Jun 2024 | $2,650,627 |
| May 2024 | $2,658,063 |
| Apr 2024 | $2,645,361 |
| Mar 2024 | $2,626,994 |
| Feb 2024 | $2,614,698 |
| Jan 2024 | $2,628,301 |
| Dec 2023 | $2,650,624 |
| Nov 2023 | $2,682,047 |
| Oct 2023 | $2,704,791 |
| Sep 2023 | $2,732,116 |
| Aug 2023 | $2,749,990 |
| Year Home Built | Percent |
|---|---|
| Built in 2014 or later | 2.2% |
| Built between 2010 and 2013 | 3.8% |
| Built between 2000 and 2009 | 10.8% |
| Built between 1990 and 1999 | 1.4% |
| Built between 1980 and 1989 | 6.3% |
| Built between 1970 and 1979 | 6.6% |
| Built between 1960 and 1969 | 5.3% |
| Built between 1950 and 1959 | 2.9% |
| Built between 1940 and 1949 | 3.1% |
| Built in 1939 or earlier | 57.7% |
Residents of ZIP Code 02116 are younger than average. The median age of 35.3 years in ZIP Code 02116 is approximately 7.35% lower than the overall median age in the U.S. of 38.1 years. About 93.0% of residents are aged 18 years and older, and 19.4% of residents are 62 years and over. Approximately 27.1% of the population in 02116 falls in the age group 25 to 34 years, while an estimated 11.5% are aged 35 to 44 years. On the low end of the scale, 1.4% of 02116 residents are aged 5 to 9 years.
| Age Range | Percent |
|---|---|
| Under 5 years | 2.8% |
| 5 to 9 years | 1.4% |
| 10 to 14 years | 1.6% |
| 15 to 19 years | 8.4% |
| 20 to 24 years | 8.2% |
| 25 to 34 years | 27.1% |
| 35 to 44 years | 11.5% |
| 45 to 54 years | 10.6% |
| 55 to 59 years | 6.5% |
| 60 to 64 years | 5.6% |
| 65 to 74 years | 9.4% |
| 75 to 84 years | 4.8% |
| 85 years and over | 2.1% |
| Health Issue | Percent of adults* |
|---|
One of the top preventative health measures in ZIP Code 02116 is current access to health insurance, as an estimated 96.9% of adults 18 and older take part in this preventive measure. Additionally, % of those 18 and above in 02116 list , as a preventive measure.
| Preventive Measure | Percent of adults* |
|---|---|
| Current access to health insurance | 96.9% |
| Risk Behavior | Percent of adults* |
|---|
Regarding solar power potential, ZIP Code 02116 has an average daily solar radiation level of 4.96 kWh/m2/day. This is approximately 20.39% greater than an area in the U.S. with historically low solar radiation levels (WA), and about 24.73% less than an area in the U.S. with historically high solar radiation levels (AZ).
| Region | Residential | Commercial | Industrial |
|---|---|---|---|
| ZIP Code 02116 | 14.91¢/kWh | 13.84¢/kWh | 12.57¢/kWh |
| Massachusetts | 29.17¢/kWh | 20.7¢/kWh | 18.03¢/kWh |
| United States | 16.83¢/kWh | 13.47¢/kWh | 8.51¢/kWh |
| Month | ZIP Code 02116 | Low (WA) | High (AZ) |
|---|---|---|---|
| Jan | 3.92 | 1.9 | 5.84 |
| Feb | 4.73 | 3 | 6.31 |
| Mar | 5.26 | 3.65 | 7.02 |
| Apr | 5.51 | 5.13 | 7.3 |
| May | 5.54 | 5.17 | 7.13 |
| Jun | 5.47 | 5.72 | 6.95 |
| Jul | 6.03 | 6.22 | 6.51 |
| Aug | 5.78 | 6.08 | 6.65 |
| Sep | 5.51 | 5.15 | 7.02 |
| Oct | 4.53 | 3.32 | 6.92 |
| Nov | 3.9 | 2.33 | 5.99 |
| Dec | 3.29 | 1.78 | 5.46 |
In 02116, 69.2% of the population is in the labor force. Recent estimates place 3.9% as working from home, while the total labor force in the region has a mean travel to time to work of 22.7 minutes. Approximately 27.5% of the employed population 16 years and over in 02116 work in educational services, and health care and social assistance, while an estimated 24.8% work in professional, scientific, management, and administrative. On the lower end of the scale, just 0.0% of 02116 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 | 1.6% |
| Manufacturing | 4.0% |
| Wholesale trade | 2.1% |
| Retail trade | 5.8% |
| Transportation and warehousing, and utilities | 1.5% |
| Information | 3.8% |
| Finance and insurance, and real estate and rental and leasing | 16.0% |
| Professional, scientific, management, and administrative | 24.8% |
| Educational services, and health care and social assistance | 27.5% |
| Arts, entertainment, and recreation, and accommodation and food services | 7.7% |
| Other services, except public administration | 3.6% |
| Public administration | 1.5% |
Regarding consumer complaints about financial products in ZIP Code 02116, credit reporting or credit repair services have received the most complaints in 02116 in the past 12 months. Checking or savings account received the second most complaints. The most frequent complaint overall in this Suffolk County region was incorrect information on a report.
| Complaint Product | Number of Complaints* |
|---|---|
| Credit reporting or credit repair services | 29 |
| Checking or savings account | 24 |
| Credit reporting or other personal consumer reports | 19 |
| Credit card or prepaid card | 18 |
| Money transfer, virtual currency, or money service | 12 |
| Other | 25 |
| Complaint Issue | Number of Complaints* |
|---|---|
| Incorrect information on your report | 24 |
| Managing an account | 15 |
| Improper use of your report | 10 |
| Problem with a credit reporting company's investigation | 10 |
| Problem with a company's investigation into an existing problem | 8 |
| Other | 60 |