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Rental Insights for ZIP Code 02644 (Forestdale, MA)

Housing Rentals in ZIP Code 02644 (Forestdale, MA)

02644 ZIP Code in Massachusetts

Learn About Housing Rentals in ZIP Code 02644

ZIP Code 02644 is primarily located in Forestdale, MA in Barnstable County. This Massachusetts region has a median housing rent payment of $1,232 per month. Approximately 11.1% of housing units in this Barnstable County ZIP Code are renter-occupied, and the region has an estimated vacancy rate of zero.

The median rent in ZIP Code 02644 of $1,232 per month is 4% lower than the aggregate Massachusetts median monthly rent of $1,282, and is 16% higher than the $1,062 the median monthly rent in the U.S. overall. About 38.9% of residents in ZIP Code 02644 pay between $1,000 and $1,499 per month for rent. That is 42% higher than in Massachusetts overall, in which 27.4% of total state residents pay between $1,000 and $1,499 per month for housing. Just 29.2% of renters in this Forestdale, MA region pay between $1,500 and $1,999 for monthly rent.

ZIP Code 02644 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 02644

See the chart below for a comparison of monthly rental costs in ZIP Code 02644, Massachusetts, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 02644 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 02644

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

Cost ZIP 02644 Massachusetts U.S.
Less than $500 0.0% 13.6% 9.4%
$500 to $999 31.9% 20.4% 36.2%
$1,000 to $1,499 38.9% 27.4% 30.0%
$1,500 to $1,999 29.2% 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 02644

Renters in ZIP Code 02644 use an estimated 28.37% of their income to cover their monthly rent payments. That is about 5% 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 02644 renters use about 5% less of their income to cover rent expense. Household income figures for ZIP Code 02644 come in higher than in Massachusetts as a whole. The median annual household income in ZIP Code 02644 of $98,182 sits approximately 21% higher than the overall Massachusetts median income of $81,215 and approximately 56% higher than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 02644

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 02644, 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 02644 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 02644

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

Rent Cost as % of Income ZIP 02644 Massachusetts U.S.
Less than 15.0 percent 0.0% 13.0% 13.1%
15.0 to 19.9 percent 29.2% 12.6% 12.9%
20.0 to 24.9 percent 19.4% 12.6% 12.9%
25.0 to 29.9 percent 19.4% 12.3% 11.6%
30.0 to 34.9 percent 0.0% 10.0% 9.1%
35.0 percent or more 31.9% 39.5% 40.5%

Household Income in ZIP Code 02644

See the table below for the regional comparison of annual household income in ZIP Code 02644.

Income ZIP 02644 Massachusetts U.S.
Less than $10,000 2.6% 5.2% 6.0%
$10,000 to $14,999 4.2% 4.2% 4.3%
$15,000 to $24,999 3.0% 7.2% 8.9%
$25,000 to $34,999 9.8% 6.7% 8.9%
$35,000 to $49,999 9.8% 9.3% 12.3%
$50,000 to $74,999 10.9% 14.2% 17.2%
$75,000 to $99,999 10.3% 12.1% 12.7%
$100,000 to $149,999 25.4% 17.8% 15.1%
$150,000 to $199,999 18.3% 10.2% 6.8%
$200,000 or more 5.8% 13.2% 7.7%

Household Income in ZIP Code 02644

See the chart below for a comparison of annual household income figures in ZIP Code 02644, Massachusetts, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 02644 alongside the same figures for the state of Massachusetts and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 02644

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 02644.

ZIP 02644 Massachusetts U.S.
Median Housing Rent $1,232 $1,282 $1,062
Renter-Occupied Housing Units 11.1% 37.6% 36.0%
Rental Vacancy Rate 0.0% 3.6% 6.0%
Average Size of Renter-Occupied Unit 2.84 2.25 2.49
Average # of Bedrooms Per Unit 2.95 2.66 2.75
Percent of Income Spent on Rent 28.37% 29.76% 29.83%
Per Capita Income $41,874 $43,761 $34,103
Median Household Income $109,514 $111,498 $88,607
Living Below the Poverty Line 4.1% 7.0% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 02644

In ZIP Code 02644 (Forestdale, MA), and estimated 11.1% of housing units are occupied by renters. This region has an approximate rental vacany rate of 0.0%.

The per capita income in 02644 is estimated at $41,874, which goes along with an estimated median household income of $109,514. About 4.1% of residents in this Barnstable County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 2.84 occupants, while the units have an aggregate average size of 2.95 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 28.37% of their income on housing rental costs.

Rental FAQs for ZIP Code 02644

1

What is the median monthly rent in ZIP Code 02644?

Median rent for housing in ZIP Code 02644 in Barnstable County in Massachusetts is approximately $1,232 per month.
2

Is it expensive to rent in ZIP Code 02644?

Rent in ZIP Code 02644 is lower than average in the state of Massachusetts overall. The median monthly rent of $1,232 in ZIP Code 02644 is approximately 4% lower than the Massachusetts median of $1,282. Additionally, median rent in this Forestdale, MA region ($1,232) is about 16% higher than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 02644?

High-priced rentals are not common in the Forestdale, MA ZIP Code of 02644, 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 02644?

Affordable rentals are less common in ZIP Code 02644 than in Massachusetts overall. The percentage of housing rentals in ZIP Code 02644 costing $999 or less per month (31.9%) is approximately 6% 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 30% higher than the previously mentioned 02644 rate of 31.9%.
5

What is the most common cost range that rentals fall into in ZIP Code 02644?

The most common range for rental cost in ZIP Code 02644 is between $1,000 and $1,499 per month. About 38.9% of renters in 02644 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 02644 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 02644 is lower than the rental vacancy rate in the state of Massachusetts overall. Rental vacancy of 0.0% in ZIP Code 02644 is about 100% lower than the Massachusetts rate of 3.6%. Looking more broadly, rental vacancy in this Forestdale, MA region (0.0%) is an estimated 100% lower than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 02644? How does it compare to other Massachusetts regions?

Median household income in ZIP Code 02644 is higher than in the state of Massachusetts overall. Annual household income of $98,182 in ZIP Code 02644 is about 21% higher than the Massachusetts median of $81,215. Additionally, median household income in this Forestdale, MA region ($98,182) is approximately 56% 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 02644 spend on housing costs?

Renters in ZIP Code 02644 spend a lower amount of their income on rent costs than do renters in Massachusetts overall. Renters in ZIP Code 02644 spend an estimated 28.37% of their income on rent payments, which is about 5% 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 5% higher than the ZIP Code 02644 estimated rate of 28.37%.
9

Do renters in ZIP Code 02644 typically spend a large portion of their income on rent payments?

It is uncommon for renters in ZIP Code 02644 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 02644 spending 30 percent or more of their income on rent costs (31.9%) is approximately 36% 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 36% higher than the aforementioned 02644 rate of 31.9%.
10

What is the average household size of renter-occupied units in ZIP Code 02644?

The average household size of renter-occupied units in ZIP Code 02644 is higher than in the state of Massachusetts overall. Annual household size of 2.84 in ZIP Code 02644 is about 26% higher than the Massachusetts median of 2.25. Additionally, median household size in this Forestdale, MA region (2.84) is approximately 14% higher than median household size of 2.49 in the U.S. as a whole.

Rental Insights for other Massachusetts ZIP Codes