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Rental Insights for ZIP Code 02543 (Woods Hole, MA)

Housing Rentals in ZIP Code 02543 (Woods Hole, MA)

02543 ZIP Code in Massachusetts

Learn About Housing Rentals in ZIP Code 02543

ZIP Code 02543 is primarily located in Woods Hole, MA in Barnstable County. This Massachusetts region has a median housing rent payment of $1,323 per month. About 20.3% of total housing units in this Barnstable County ZIP Code are occupied by renters, while the estimated rental vacancy rate is 30.5%.

The median rent in ZIP Code 02543 of $1,323 per month is 3% higher than the aggregate Massachusetts median monthly rent of $1,282, and is 25% higher than the $1,062 the median monthly rent in the U.S. overall. About 100.0% of residents in ZIP Code 02543 pay between $1,000 and $1,499 per month for rent. That is 265% higher than in Massachusetts overall, in which 27.4% of total state residents pay between $1,000 and $1,499 per month for housing.

ZIP Code 02543 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 02543

See the chart below for a comparison of monthly rental costs in ZIP Code 02543, Massachusetts, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 02543 along with those in the state of Massachusetts and the U.S. overall. For example, what percentage of renters pay between $1,000 and $1,499 monthly.

Rental Cost in ZIP Code 02543

See the table below for the regional comparison of monthly rental costs.

Cost ZIP 02543 Massachusetts U.S.
Less than $500 0.0% 13.6% 9.4%
$500 to $999 0.0% 20.4% 36.2%
$1,000 to $1,499 100.0% 27.4% 30.0%
$1,500 to $1,999 0.0% 19.6% 14.0%
$2,000 to $2,499 0.0% 10.1% 5.6%
$2,500 to $2,999 0.0% 4.6% 2.4%
$3,000 or more 0.0% 4.3% 2.4%

Rent Cost vs. Income in ZIP Code 02543

Renters in ZIP Code 02543 use an estimated 28.79% of their income to cover their monthly rent payments. That is about 3% lower than in Massachusetts overall. The estimate for Massachusetts overall is 29.76% of income used for housing rent payments. In comparison to the U.S. as a whole, ZIP Code 02543 renters use about 3% less of their income to cover rent expense. Household income figures for ZIP Code 02543 come in higher than in Massachusetts as a whole. The median annual household income in ZIP Code 02543 of $99,444 sits approximately 22% higher than the overall Massachusetts median income of $81,215 and approximately 58% higher than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 02543

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 02543, Massachusetts, and also in the U.S. as a whole.

This chart visualizes monthly rent cost as a percentage of household income in ZIP Code 02543 along with the same calculations in the state of Massachusetts and the U.S. overall. For example, what percentage of renters pay 15.0 to 19.9 percent of the monthly household income toward rent.

Rent as a Percentage of Income in ZIP Code 02543

See the table below for the regional comparison of monthly rent as a percentage of household income.

Rent Cost as % of Income ZIP 02543 Massachusetts U.S.
Less than 15.0 percent 14.8% 13.0% 13.1%
15.0 to 19.9 percent 27.9% 12.6% 12.9%
20.0 to 24.9 percent 0.0% 12.6% 12.9%
25.0 to 29.9 percent 13.1% 12.3% 11.6%
30.0 to 34.9 percent 0.0% 10.0% 9.1%
35.0 percent or more 44.3% 39.5% 40.5%

Household Income in ZIP Code 02543

See the table below for the regional comparison of annual household income in ZIP Code 02543.

Income ZIP 02543 Massachusetts U.S.
Less than $10,000 6.9% 5.2% 6.0%
$10,000 to $14,999 8.6% 4.2% 4.3%
$15,000 to $24,999 2.5% 7.2% 8.9%
$25,000 to $34,999 2.8% 6.7% 8.9%
$35,000 to $49,999 4.4% 9.3% 12.3%
$50,000 to $74,999 12.2% 14.2% 17.2%
$75,000 to $99,999 13.1% 12.1% 12.7%
$100,000 to $149,999 24.4% 17.8% 15.1%
$150,000 to $199,999 11.7% 10.2% 6.8%
$200,000 or more 13.3% 13.2% 7.7%

Household Income in ZIP Code 02543

See the chart below for a comparison of annual household income figures in ZIP Code 02543, Massachusetts, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 02543 alongside the same figures for the state of Massachusetts and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 02543

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 02543.

ZIP 02543 Massachusetts U.S.
Median Housing Rent $1,323 $1,282 $1,062
Renter-Occupied Housing Units 20.3% 37.6% 36.0%
Rental Vacancy Rate 30.5% 3.6% 6.0%
Average Size of Renter-Occupied Unit 2.19 2.25 2.49
Average # of Bedrooms Per Unit 3.45 2.66 2.75
Percent of Income Spent on Rent 28.79% 29.76% 29.83%
Per Capita Income $119,806 $43,761 $34,103
Median Household Income $208,700 $111,498 $88,607
Living Below the Poverty Line 9.8% 7.0% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 02543

In ZIP Code 02543 (Woods Hole, MA), and estimated 20.3% of housing units are occupied by renters. This region has an approximate rental vacany rate of 30.5%.

The per capita income in 02543 is estimated at $119,806, which goes along with an estimated median household income of $208,700. About 9.8% of residents in this Barnstable County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 2.19 occupants, while the units have an aggregate average size of 3.45 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 28.79% of their income on housing rental costs.

Rental FAQs for ZIP Code 02543

1

What is the median monthly rent in ZIP Code 02543?

Median rent for housing in ZIP Code 02543 in Barnstable County in Massachusetts is approximately $1,323 per month.
2

Is it expensive to rent in ZIP Code 02543?

Rent in ZIP Code 02543 is higher than average in the state of Massachusetts overall. The median monthly rent of $1,323 in ZIP Code 02543 is approximately 3% higher than the Massachusetts median of $1,282. Additionally, median rent in this Woods Hole, MA region ($1,323) is about 25% higher than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 02543?

High-priced rentals are not common in the Woods Hole, MA ZIP Code of 02543, as the region has no rentals costing $3,000 or more per month. In contrast, in the state of Massachusetts overall, approximately 4.3% of rentals fall in this upper tier of $3,000 or more per month.
4

Are affordable rentals common in ZIP Code 02543?

Affordable rentals are less common in ZIP Code 02543 than in Massachusetts overall. The percentage of housing rentals in ZIP Code 02543 costing $999 or less per month (0%) is approximately 100% lower than the Massachusetts rate of 34% that fall in that range. In addition, the aggregate U.S. rate of 45.6% paying $999 or less per month is about 100% higher than the previously mentioned 02543 rate of 0%.
5

What is the most common cost range that rentals fall into in ZIP Code 02543?

The most common range for rental cost in ZIP Code 02543 is between $1,000 and $1,499 per month. About 100.0% of renters in 02543 pay in this range for monthly rent. In comparison, approximately 27.4% of renters in the state of Massachusetts fall in the between $1,000 and $1,499 range, and 30.0% of overall U.S. renters fall in this range.
6

Does ZIP Code 02543 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 02543 is higher than the rental vacancy rate in the state of Massachusetts overall. Rental vacancy of 30.5% in ZIP Code 02543 is about 747% higher than the Massachusetts rate of 3.6%. Looking more broadly, rental vacancy in this Woods Hole, MA region (30.5%) is an estimated 408% higher than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 02543? How does it compare to other Massachusetts regions?

Median household income in ZIP Code 02543 is higher than in the state of Massachusetts overall. Annual household income of $99,444 in ZIP Code 02543 is about 22% higher than the Massachusetts median of $81,215. Additionally, median household income in this Woods Hole, MA region ($99,444) is approximately 58% higher than median household income of $62,843 in the U.S. as a whole.
8

How much of their income do renters in ZIP Code 02543 spend on housing costs?

Renters in ZIP Code 02543 spend a lower amount of their income on rent costs than do renters in Massachusetts overall. Renters in ZIP Code 02543 spend an estimated 28.79% of their income on rent payments, which is about 3% lower than the overall Massachusetts estimated rate of 29.76%. In addition, the aggregate U.S. estimated rate of 29.83% of income spent on housing rental costs is about 3% higher than the ZIP Code 02543 estimated rate of 28.79%.
9

Do renters in ZIP Code 02543 typically spend a large portion of their income on rent payments?

It is uncommon for renters in ZIP Code 02543 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 02543 spending 30 percent or more of their income on rent costs (44.3%) is approximately 11% lower than the Massachusetts rate of 49.5% that spend that much. In addition, the overall U.S. rate of 49.6% paying 30 percent or more of their income on rent costs is about 11% higher than the aforementioned 02543 rate of 44.3%.
10

What is the average household size of renter-occupied units in ZIP Code 02543?

The average household size of renter-occupied units in ZIP Code 02543 is lower than in the state of Massachusetts overall. Annual household size of 2.19 in ZIP Code 02543 is about 3% lower than the Massachusetts median of 2.25. Additionally, median household size in this Woods Hole, MA region (2.19) is approximately 12% lower than median household size of 2.49 in the U.S. as a whole.

Rental Insights for other Massachusetts ZIP Codes