01550 Zip Code

April 19, 2024

Zip Code:	01550
City/Town:	Southbridge
State:	Massachusetts

Population:	16,719
Per Capita Income:	$22,350
Mean Household Income:	$54,490

Total Housing Units:	6,866
Median Home Value:	$111,500
Median Year Homes Built:	1949

Land Area:	20.3 sq miles 52.5 sq kilometers
Water Area:	0.6 sq miles 1.6 sq kilometers

Population Information (01550 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

16,719

Male:

8,059

48.2%

49.2%

Female:

8,660

51.8%

50.8%

Median Age:

38.3 yrs

37.2 yrs

Under 5 years:

1,019

6.1%

6.5%

5 to 9 years:

1,089

6.9%

6.6%

10 to 19 years:

2,197

13.1%

13.8%

20 to 29 years:

2,268

13.6%

13.8%

30 to 39 years:

2,195

13.1%

13.0%

40 to 49 years:

2,431

14.5%

14.2%

50 to 59 years:

2,255

13.5%

13.6%

60 to 69 years:

1,595

9.5%

9.4%

70 to 79 years:

825

4.9%

5.4%

80 years and over:

845

5.1%

3.7%

Housing Information (01550 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$111,500

$119,600

Median year homes build:

1949

1971

Median real estate taxes:

$1,409 / yr.

$1,334 / yr.

Median rent:

$455 / mo.

$519 / mo.

Total households:

6,866

Family households:

4,269

62.2%

66.4%

Nonfamily households:

2,597

37.8%

33.6%

Households with individuals under 18 years:

2,170

31.6%

33.4%

Households with individuals 65 years and over:

1,652

24.1%

24.9%

Average household size:

2.4

Average family size:

3.0

Total housing units:

7,527

Occupied housing units:

6,866

91.2%

88.6%

Vacant housing units:

661

8.8%

11.4%

For rent:

343

4.6%

3.1%

Rented, not occupied:

0.2%

For sale only:

0.9%

1.4%

Sold, not occupied:

0.2%

0.3%

For seasonal, recreational, or occasional use:

0.1%

3.5%

All other vacants:

215

2.9%

2.8%

Homeowner vacancy rate:

2.0%

2.4%

Rental vacancy rate:

8.6%

9.2%

Owner-occupied housing units:

3,228

Population in owner-occupied housing units:

8,254

Average household size of owner-occupied units:

2.6

2.65

Renter-occupied housing units:

3,638

Population in renter-occupied housing units:

8,281

Average household size of renter-occupied units:

2.3

2.44

Educational Attainment (01550 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

11,291

Less than 9th grade:

1,289

11.4%

6.2%

9th to 12th grade, no diploma:

1,942

17.2%

8.7%

High school graduate (includes equivalency):

4,083

36.2%

29.0%

Some college, no degree:

1,945

17.2%

20.6%

Associate degree:

626

5.5%

7.5%

Bachelor's degree:

976

8.6%

17.6%

Graduate or professional degree:

430

3.8%

10.3%

Percent high school graduate or higher:

71.4%

85.0%

Percent bachelor's degree or higher:

12.5%

27.9%

Income Information (01550 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Mean household income:

$0 / yr.

$70,883

Per capita income:

$0 / yr.

$27,334

Males 15 years and over with income:

5,772

34.5%

50.4%

Median income:

$29,099 / yr.

$27,932 / yr.

Full-time, year-round workers:

3,198

19.1%

59.7%

Median income:

$36,466 / yr.

$38,349 / yr.

Females 15 years and over with income:

6,548

39.2%

49.6%

Median income:

$14,268 / yr.

$16,327 / yr.

Full-time, year-round workers:

2,167

13.0%

40.3%

Median income:

$26,993 / yr.

$28,135 / yr.

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