ZIP Code 01742 -- Concord, MA

Middlesex | 2024 American Community Survey Data

Key Insights

  • Households here earn 2.6x the national median income — placing this ZIP code in the top tier of American prosperity.
  • Home prices are 6.2x the local median income — well above the recommended 3-5x ratio, suggesting a very expensive housing market.
  • With 79.46% holding a bachelor's degree or higher, this is one of the most highly educated ZIP codes in the country (national average: 33.7%).
  • 36.05% of workers here work from home — more than double the pre-pandemic national average, reflecting the shift to remote work.
  • Homes here cost 4.4x the national median — if the national median home were a Toyota Camry, homes here would be a luxury SUV.

Quick Overview

Population
18,448
Unknown
Median Income
$195,125
Home Value
$1,218,100
Median Rent
$2,631
Median Age
47.40
Diversity Index
35.40
Low
Cost of Living
348.7
very high
Unemployment
3.6%

About ZIP Code 01742

ZIP code 01742 in Concord, Massachusetts is a unknown area with a population of 18,448. The median household income is $195,125, which is This is 160% above the national median of $75,000.. The median home value is $1,218,100, representing a price-to-income ratio of 6.2x . The cost of living is very high with an index of 348.7 (the national average is 100). Residents have a median age of 47.40 years. Approximately 79.5% of adults hold a bachelor's degree or higher. This ZIP code is located in Middlesex, MA.

Population & Age

Total Population
18,448
Median Age
47.40
Male Population
9,274
50.3%
Female Population
9,174
49.7%
Density Classification
Unknown

Age Distribution

Race & Ethnicity

Diversity Index
35.40 Low
White
82.6%
Black or African American
2.1%
Hispanic or Latino
3.6%
Asian
5.4%
Native American
0.2%
Pacific Islander
0.0%
Two or More Races
8.2%
Other Race
1.5%

Racial Composition

Income & Economy

Median Household Income
$195,125
Mean Household Income
$282,102
Per Capita Income
$101,257
Below Poverty Line
3.6%

This is 160% above the national median of $75,000.

Income Distribution

Housing

Median Home Value
$1,218,100
Median Rent
$2,631
Total Housing Units
7,059
Occupied Units
6,665
Vacant Units
394
5.6% vacancy
Median Year Built
1969
Owner Occupied
76.0%
Renter Occupied
24.0%
Price-to-Income Ratio 6.2x

Housing is expensive relative to income

Ownership vs Rental

Owner 76.0% Renter 24.0%

Education

High School Diploma or Higher 96.9%
Bachelor's Degree or Higher 79.5%
Graduate or Professional Degree 48.1%

Employment & Commuting

Civilian Labor Force
7,777
Employment Rate
96.4%
Unemployment Rate
3.6%
Mean Commute Time
N/A

How People Get to Work

Drive Alone
51.9%
Carpool
2.7%
Public Transit
4.6%
Work from Home
36.1%

Cost of Living Index

348.7
very high

The cost of living in ZIP code 01742 is 248.7% above the national average of 100.

0 National Avg (100) 200

Compare 01742 with:

Compare 01742 with Another ZIP Code

Nearby ZIP Codes

Other ZIP Codes in Middlesex

ZIP Code City Population Median Income
02148 Malden 65,906 $100,606
02155 Medford 61,730 $129,700
02149 Everett 50,045 $85,218
01801 Woburn 41,939 $111,185
01752 Marlborough 41,647 $91,968
02139 Cambridge 40,033 $134,586

Frequently Asked Questions about ZIP Code 01742

ZIP code 01742 (Concord, MA) has a total population of 18,448 according to the 2024 American Community Survey. The median age is 47.40 years.

The median household income in ZIP code 01742 is $195,125 per year, based on 2024 Census Bureau data. This is 160% above the national median of $75,000.

ZIP code 01742 is primarily located in Concord, Massachusetts (MA). It falls within Middlesex County.

The median home value in ZIP code 01742 is $1,218,100, based on the 2024 American Community Survey 5-year estimates. The median monthly rent is $2,631.

The median age in ZIP code 01742 is 47.40 years, compared to the national median of 38.9 years. This makes the area older than the national average.

ZIP code 01742 has a cost of living index of 348.72 (national average = 100). This means the cost of living is very high compared to the national average.

In ZIP code 01742, 79.46% of adults (25+) hold a bachelor's degree or higher, compared to the national average of 33.7%. 48.14% hold a graduate or professional degree.

The unemployment rate in ZIP code 01742 is 3.64%, which is above the national average of 3.6%. About 36.05% of workers work from home.

Explore More

Data sourced from the 2024 American Community Survey (U.S. Census Bureau). Learn more about our data sources.