The median home value in ZIP Code 01003 (Amherst, MA) is unknown. Approximately 9.5% of homes in this region are owner-occupied units, and the estimated homeowner vacancy rate is currently 0.0%.
The average occupancy of owner-occupied units in ZIP Code 01003 is 4.50 occupants, while owner-occupied units have an aggregate average size of 0.92 bedrooms per housing unit.
In the 01003 ZIP Code, an estimated 90.5% of all housing units are occupied by renters. This ZIP-defined region has is an estimated rental vacany rate of 49.3%.
Among renter-occupied units in this ZIP, the average occupancy is 1.66 occupants, while renters in this Hampshire County region spend an average of 0% of their income on housing rental costs.
See the table below for a regional snapshot of data related to both owner-occupied housing and rentals in ZIP Code 01003.
| ZIP 01003 | Massachusetts | U.S. | |
|---|---|---|---|
| Median Home Value | unknown | $656,427 | $364,385 |
| Owner-Occupied Housing Units | 9.5% | 62.4% | 64.0% |
| Homeowner Vacancy Rate | 0.0% | 1.0% | 1.6% |
| Average Size of Owner-Occupied Unit | 4.50 | 2.69 | 2.70 |
| Average # of Bedrooms Per Unit | 0.92 | 2.66 | 2.75 |
| Median Housing Rent | $0 | $1,282 | $1,062 |
| Renter-Occupied Housing Units | 90.5% | 37.6% | 36.0% |
| Rental Vacancy Rate | 49.3% | 3.6% | 6.0% |
| Average Size of Renter-Occupied Unit | 1.66 | 2.25 | 2.49 |
| Percent of Income Spent on Rent | 0% | 29.76% | 29.83% |
Approximately 30.4% of homes in this Amherst, MA region were built in 1970 to 1979. This amount of homes built in 1970 to 1979 in ZIP Code 01003 is about 162% higher than percentage of homes built in this time period in Massachusetts overall (11.6% of homes), and is 100% higher the percentage (15.2% of homes) in the U.S. as a whole. Additionally, an esimated 17.7% of local homes were built in 1950 to 1959. On the other end of the scale, just 0.0% of homes in this Hampshire County ZIP Code were built in 1940 to 1949 in ZIP Code 01003. In comparison, 5.5% of homes in Massachusetts overall were built in 1940 to 1949, while 4.9% of all U.S. homes were built in this time period.
A detailed regional comparison of home ages in ZIP Code 01003.
| Year Built | ZIP 01003 | Massachusetts | U.S. |
|---|---|---|---|
| 2014 or later | 0.0% | 1.6% | 2.5% |
| 2010 to 2013 | 0.0% | 1.7% | 2.7% |
| 2000 to 2009 | 16.5% | 7.1% | 14.0% |
| 1990 to 1999 | 0.0% | 7.7% | 13.9% |
| 1980 to 1989 | 15.2% | 10.8% | 13.4% |
| 1970 to 1979 | 30.4% | 11.6% | 15.2% |
| 1960 to 1969 | 15.2% | 10.2% | 10.6% |
| 1950 to 1959 | 17.7% | 11.3% | 10.3% |
| 1940 to 1949 | 0.0% | 5.5% | 4.9% |
| 1939 or earlier | 5.1% | 32.5% | 12.6% |
See the chart below for details on the age of homes in ZIP Code 01003, Massachusetts, and also in the U.S. overall. Data here refers to years that homes were built.
Frequently asked questions about housing in this Amherst, MA ZIP Code. Answers to questions about both owner-occupied housing and rental housing in 01003.
