02324 ZIP Code Profile, Map, Data & Demographics

ZIP Code Type: STANDARD
County: Plymouth County
Centroid: Latitude 41.981, Longitude -70.974
Time Zone: Eastern Time Zone (UTC -5 hours)
Observes DST: Yes

ZIP Code 02324 has segments in 2 Counties (Norfolk, Plymouth).

Businesses Addresses: 745
PO Box Addresses: 189
Residential Addresses: 9,215

Multi-Family Addresses: 1,715
Single Family Addresses: 7,500

The ZIP Code maps and database are updated 4 times per year.
Database updated: October 1, 2021, Maps updated: May 5, 2021.

Bridgewater, MA 02324 Data & Demographics (As of July 1, 2021)

POPULATION
Total Population	28,889 (100%)
Population in Households	24,372 (84.4%)
Population in Families	20,289 (70.2%)
Population in Group Quarters¹	4,517 (15.6%)
Population Density	1,024
Diversity Index²	32


INCOME
Median Household Income	$99,765
Average Household Income	$118,992
% of Income for Mortgage⁴	19%
Per Capita Income	$37,530
Wealth Index⁵	153

HOUSING
Total HU (Housing Units)	9,181 (100%)
Owner Occupied HU	6,730 (73.3%)
Renter Occupied HU	2,192 (23.9%)
Vacant Housing Units	259 ( 2.8%)
Median Home Value	$437,973
Average Home Value	$474,725
Housing Affordability Index³	123

HOUSEHOLDS
Total Households	8,922
Average Household Size	2.73
Family Households	6,342
Average Family Size	3

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
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 races 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.
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.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
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.

Bridgewater, MA 02324 - Peer Comparisons by Rank and Percentile

The table below compares 02324 to the other 518 ZIP Codes in Massachusetts by rank and percentile using July 1, 2021 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.

GROWTH RATE / YEAR	2010-2021	2021-2026
Population	0.68%	0.62%
Households	0.9%	0.71%
Families	0.82%	0.67%
Median Household Income		1.49%
Per Capita Income		2.38%
Owner Occupied HU		0.95%

Variable Description	Rank	Percentile
Total Population	# 65	88th
Population Density	# 224	57th
Median Household Income	# 193	63rd
Housing Affordability Index	# 322	62nd
Per Capita Income	# 370	29th
Diversity Index	# 213	59th

02324 ZIP Code Profile, Map, Data & Demographics

ZIP Code 02324: Basic Data & USPS Preferred City Name

Bridgewater, MA 02324 Data & Demographics (As of July 1, 2021)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Bridgewater, MA 02324 - Peer Comparisons by Rank and Percentile

Popular Places Near ZIP Code 02324

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