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ZIP Code 01516

Worcester, Massachusetts

ZCTA 01516

Juniper

ZIP Code 01516 is in the lowest 3% nationally for FEMA risk score. It also sits in the highest 4% nationally for median income. And it sits in the highest 20% nationally for typical home value.

Typical Home Valuemedian home value (ACS), re-priced to today on the FHFA index

$560,928

Higher than 80% of U.S. ZIP codes
Home Price Growth, Past Five Years

52%

Near the U.S. ZIP codes median
FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

15.2

Lower than 97% of U.S. ZIP codes

The boundary of ZIP Code 01516, in Worcester, Massachusetts.

The basics

Total Population

9,376

Median Age

43.2

Population Density

255.81

Home values & property tax

Median Property Tax

$6,334

Property Tax Rateyearly tax as a share of home value

1.4%

Cost of living & affordability

Home Price vs Incomeyears of income to buy a typical home

3.05×

Near the U.S. ZIP codes median
Median Income

$153,172

Higher than 96% of U.S. ZIP codes
Median Rent

$1,503

Higher than 78% of U.S. ZIP codes

Home prices & appreciation

Home Price Growth, Past Year

2%

Lower than 62% of U.S. ZIP codes
Pandemic Price Run-Up2019–20 low → 2022–23 peak

47%

2008 Crash: Peak-to-Trough Drophow far prices fell, 2007 → 2011

23%

Climate & weather

Summer Avg High (°F)

80.1

Winter Avg Low (°F)

16.8

Avg Temperature (°F)

48

Hot Days/yr (>90°F)

7.7

Freezing Days/yr (<32°F)

153.4

Annual Precipitation (in)

48.8

Annual Snowfall (in)

48.3

Flood & disaster risk

FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

15.2

Lower than 97% of U.S. ZIP codes

The full report

Six pillars — each with percentile benchmarks, 16-year trends, and per-metric detail.

  • People

  • Work & Money

  • Housing

  • Amenities

  • Climate

  • Environment & Risk

ZIP Code 01516: frequently asked questions

What is the typical home value in ZIP Code 01516?
The estimated median home value in ZIP Code 01516 today is $560,928, higher than 80% of U.S. ZIP codes.
How much is property tax in ZIP Code 01516?
The median annual property tax in ZIP Code 01516 is $6,334, an effective rate of 1.4% of home value.
Is ZIP Code 01516 expensive to live in?
Homes in ZIP Code 01516 cost about 3.05× the median household income, near the U.S. ZIP codes median.
What is the average rent in ZIP Code 01516?
The median gross rent in ZIP Code 01516 is $1,503 a month, higher than 78% of U.S. ZIP codes.
How much have home prices grown in ZIP Code 01516?
Home prices in ZIP Code 01516 have moved 52% over the past five years (2% in the past year), per the FHFA House Price Index.
How many people live in ZIP Code 01516?
ZIP Code 01516 has a population of 9,376, about 255.81 people per square mile, per the U.S. Census American Community Survey. The median age is 43.2.
What is the weather like in ZIP Code 01516?
ZIP Code 01516 averages 48°F year-round, summer highs near 80.1°F, winter lows around 16.8°F (NOAA 1991–2020 normals). It sees about 48.3 inches of snow a year.
Is ZIP Code 01516 at risk of flooding or natural disasters?
ZIP Code 01516's FEMA National Risk Index score is 15.2 (lower than 97% of U.S. ZIP codes). Its greatest modeled natural hazard is inland flooding.

Sources: U.S. Census ACS, FEMA National Risk Index, FHFA House Price Index, OpenStreetMap contributors (ODbL), EPA. Explore the map →

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