02420 Zip Income and Demographic Statistics

Save 20+ hours of searching for income and demographic data for the zip code 02420.

Below is the current income and demographic census statistics for 02420, covering Lexington with a total population of 14,718 people.


Income and Demographics Data for 02420

In this article we'll explore the latest income and demographic statistics from the 2019 5-Year American Community Survey. 02420 is a Massachusetts zip code which covers Lexington.

02420 Income Statistics

The median household income for 02420 is $195,494.00, which is higher than the average median household income of $81,215.00 for Massachusetts.

The mean household income for the 02420 zip is $240,781.00. That figure is higher than the state average of $111,498.00.

The difference between a median and mean household income is that the median income is the middle point of the set of numbers whereas the mean income is an average of all numbers.

Both metrics are important when looking at the income statistics for 02420 but because the median value doesn't depend on other numbers in the dataset, it doesn't change as much when some of the values are extremely low or extremely high.

The table below shows the median and mean household income for 02420 as well as median income by householder age and per capita income.

Description Amount*
Median household income $195,494.00
Median household income (householder under 25) $0.00
Median household income (householder 25 to 44) $236,750.00
Median household income (householder 45 to 64) $232,500.00
Median household income (householder 65 and over) $108,056.00
Mean household income $240,781.00
Per capita income $82,843.00

*in 2019 inflation-adjusted dollars

Household Earnings for 02420

Another important metric when looking at the income and demographics of an area like 02420 is the household income tiers. This lets you see how many households fall into each of the earnings brackets and what percentage that bracket is of the total number of households.

In the table below, we've put together the latest household earnings income tiers for 02420. The actual results are more granular than this, but we've simplified the brackets to make it easier to view. The raw data which can be purchased above or below will include all of the income tiers.

Earnings Number of Households
Less than $24,999 343 (6.81%)
$25,000 to $49,999 331 (6.57%)
$50,000 to $74,999 327 (6.49%)
$75,000 to $99,999 252 (5.00%)
$100,000 to $149,999 724 (14.38%)
$150,000 to $199,999 662 (13.15%)
$200,000 or more 2,397 (47.60%)

For the zip code 02420, the percentage of households classed as high-income households (making $200,000+ per year) is 47.60%, which is higher than the state average of 13.18% for Massachusetts.

Race and Ethnicity

The race and ethnicity of the population in a given area can be very important marketing and demographic datapoints in a multi-cultural society.

Whether you want to target products or services to a particular race or ethnicity, or provide housing and new businesses to improve areas with a larger ethnic minority population, this data is very valuable for discovering suitable areas.

The table below breaks down the number of people and percentage for each race and ethnicity in the 02420 zip code area.

Race/Ethnicity Population Percentage
White 9,099 61.80%
Black/African American 161 1.10%
Native 0 0.00%
Hispanic 179 1.20%
Asian 4,767 32.40%
Hawaiian/Pacific Islander 0 0.00%
Two or more races 444 3.00%
Other 68 0.50%

Age and Gender

Another very important demographic statistic for 02420 is the age and gender of the population. This is yet another data point which can be used in research of the area to identify the people that are important to you and your business needs.

We are showing age groups below in 10 year granularity but the actual raw data that can be purchased from us above and below will include data at a 5 year granularity level.

Age Group Male Female
0 to 9 Years 863 905
10 to 19 Years 1232 1315
20 to 29 Years 419 342
30 to 39 Years 515 666
40 to 49 Years 1208 1222
50 to 59 Years 1261 1185
60 to 69 Years 850 907
70 Years and over 771 1057

All Demographic Statistics for 02420

The list below covers all of the data you get when you purchase from Name Census, including margins of error for each data point so you know how accurate the provided numbers really are.

Income

  • Median household income
  • Median household income by age
  • Mean household income
  • Per capita income
  • Household income tiers

Race and Ethnicity

  • Total population
  • White
  • Black or African
  • American Indian and Alaska Native
  • Asian
  • Hawaiian and Pacific Islander
  • Hispanic/Latino
  • Other

Age and Gender

  • Gender and age statistics
  • Male/female gender sorted by age groups
  • 5 years group granularity (i.e 20-24)

Educational Attainment

  • Population by educational attainment
  • No diploma
  • High school
  • Some college
  • Bachelors degree
  • Masters degree
  • Doctorate degree

Poverty and Unemployment

  • Population by poverty and unemployment rate
  • Total households
  • Percent below the poverty level
  • GINI index of income inequality

Housing Characteristics

  • House value
  • Rental costs
  • Year structure was built
  • Vehicles available
  • Owner/renter occupied units

Household and Families

  • Average household size
  • Total familes
  • Married couple families with and without children under 18
  • Single male/female with and without children under 18

Transportation to Work

  • Drove alone
  • Carpooled
  • Walked
  • Public transport
  • Worked from home
  • Other means (motorcycle/bicycle)
  • Average commute time (in minutes)

Geographic Mobility

  • Moved since previous year
  • Same house last year
  • Moved within same county
  • Moved from different county in the same state
  • Moved from a different state
  • Moved from abroad

Data Source and Reference

The income and demographics statistics used in this article are from the most recent American Community Survey 2019 5-year estimates released by the US Census Bureau.

We take this raw data, consolidate it and format it into a more useable structure so that it can be used for sales, marketing, and business development purposes.

If you use any of the information from this page, please use the tool below to link or reference Name Census wherever you use it.

Link To or Reference This Page

We spent a lot of time downloading, cleaning, merging, and formatting the data that is shown on the site.

If you found the data or information on this page useful in your research, please use the tool below to properly cite or reference Name Census as the source. We appreciate your support!

  • "02420 Zip Income and Demographic Statistics". NameCensus.com. Accessed on January 27, 2022. http://namecensus.com/demographics/massachusetts/02420/.

  • "02420 Zip Income and Demographic Statistics". NameCensus.com, http://namecensus.com/demographics/massachusetts/02420/. Accessed 27 January, 2022

  • 02420 Zip Income and Demographic Statistics. NameCensus.com. Retrieved from http://namecensus.com/demographics/massachusetts/02420/.


Instant Access to All Massachusetts Income and Demographic Data by Zip

If you need full income and demographics data for Massachusetts, you can instantly download and access that data below for all Massachusetts zip codes with over 350 different data points to work with.