Gilbertville, MA 01031 ZIP Code Profile

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Gilbertville, MA
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ZIP Code 01031: Basic Data & USPS Preferred City Name

Preferred Name, USPS
Gilbertville, MA 01031

Not Acceptable, USPS
Old Furnace, MA 01031

  • ZIP Code Type: STANDARD
  • County: Worcester County
  • Centroid: Latitude 42.334, Longitude -72.176
  • Time Zone: Eastern Time Zone (UTC -5 hours)
  • Observes DST: Yes
  • Businesses Addresses: 36
  • PO Box Addresses: 344
  • Residential Addresses: 190
    • Multi-Family Addresses: 0
    • Single Family Addresses: 190

The ZIP Code maps and database are updated 4 times per year.
Database updated: August 1, 2019, Maps updated: August 2, 2019.

Jump to... (On This Page!)
  1. 01031 2019 Demographic Data
  2. Growth Rates for 01031 (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Massachusetts Research Tools (Easy Tools & Current Data)
  3. Massachusetts Data Comparison Tool - 2019 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.



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Gilbertville, MA 01031 Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Gilbertville, MA 01031 Housing Affordability Index is 95
State of Massachusetts Housing Affordability Index is 87
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX

Gilbertville, MA 01031 Wealth Index is 78
State of Massachusetts Wealth Index is 139
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for cities, Counties, ZIP Codes and even neighborhoods (Census Blocks) when you search by a specific Massachusetts address.

See our:

  1. New 2-Minute Introduction and Concise Guide to Big Data which will help you make the most effective use of HomeTownLocator Tools.
  2. References & Data Sources page for more information about methodology and sources of data.

POPULATION

Total Population 1,416
Population in Households 1,365
Population in Familes 1,081
Population in Group Qrtrs 51
Population Density 229
Diversity Index1 14
 

INCOME

Median Household Income $51,897
Average Household Income $75,065
Per Capita Income $30,633
Wealth Index3 78

HOUSING

Total Housing Units 640 (100%)
Owner Occupied HU 312 (48.7%)
Renter Occupied HU 265 (41.4%)
Vacant Housing Units 63 ( 9.8%)
Median Home Value $281,481
Housing Affordability Index2 95
 

HOUSEHOLDS

Total Households 577
Average Household Size 2.37
Family Households 386
Average Family Size 3
NOTES
  1. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  2. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  3. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population 0.35% 0.34%
Households 0.3% 0.34%
Families 0.26% 0.31%
Median Household Income   2.23%
Per Capita Income   3.42%

Gilbertville, MA 01031 - Peer Comparisons by Rank and Percentile

The table below compares 01031 to the other 523 ZIP Codes in Massachusetts by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 448 15th
Population Density # 417 20th
Diversity Index # 404 23rd
Median Household Income # 458 13th
Per Capita Income # 437 17th

Additional comparisons and rankings can be made with a VERY EASY TO USE Massachusetts Census Data Comparison Tool.


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