Boston ZIP code 02199 is one of the most expensive in the nation for housing, a new report from PropertyShark shows. With its prestigious reputation, this zip code has become synonymous with opulence and exclusivity. Nestled in the heart of Boston, it is a prime location for those seeking a luxurious lifestyle.
The top 100 priciest ZIP codes are in 8 states, and two of them are in New England. Boston's Zip Code 02199 proudly claims its place among these elite locations, attracting high-net-worth individuals and families who appreciate its charm and convenience. The allure of this coveted zip code lies not only in its luxurious residences but also in its proximity to renowned cultural institutions, upscale shopping, and world-class dining options.
When it comes to the Massachusetts ZIP codes with the highest estimated household median incomes, the top of the list is dominated by those within the Boston metropolitan area. Zip Code 02199 stands out as a symbol of affluence, with its residents enjoying a significantly higher median income compared to other areas of the state. This wealth allows them to indulge in the finer things in life and contribute to the local economy.
Find out the average rent in Boston, how it has changed over time, as well as the most expensive zip codes in Boston to live in. Zip Code 02199 consistently ranks as one of the priciest areas to rent an apartment in Boston. The allure of this exclusive neighborhood comes at a cost, making it challenging for individuals with more modest incomes to secure housing within its boundaries. However, for those who can afford it, the investment is well worth the price tag.
As mortgage rates reached 20-year highs and the economy began to falter, the overall U.S. housing market saw sales drop and price growth slow. However, the impact on Zip Code 02199 was minimal, as its affluent residents remained largely unaffected by these market fluctuations. The demand for luxurious properties in this Boston neighborhood continues to thrive, attracting buyers who are willing to invest in its timeless appeal.
Newton, Wellesley, Dover, Sherborn, Weston, Carlisle, Sudbury, Wayland, and Lexington are all at the top of the rankings when it comes to the wealthiest zip codes in Massachusetts. These areas share a similar reputation for exclusivity and affluence, making them desirable addresses for those seeking a refined lifestyle. Zip Code 02199 aligns with these prestigious locations, cementing its status as a haven for the wealthy in the state.
Mass General Brigham is honored to have five nationally ranked hospitals based on U.S. News & World Report, including two world-renowned academic medical centers located in Boston. Zip Code 02199 benefits from the presence of these esteemed medical institutions, attracting healthcare professionals and patients who seek top-notch medical care. The demand for housing in this area is further fueled by the need for convenient access to world-class healthcare.
Sometimes, Amanda Hitchins looks out her window in Minnesota and thinks about her "forever home" back in Massachusetts. The allure of Zip Code 02199 captivates even those living far away, with its reputation reaching beyond state borders. This coveted neighborhood holds a special place in the hearts of many, as they dream of one day calling it their own.
In conclusion, Boston's Zip Code 02199 stands as a testament to wealth, luxury, and exclusivity. With its high-priced housing market, esteemed medical institutions, and prime location within the city, it remains a sought-after address for the affluent. Whether it's the allure of its opulent residences or its proximity to world-class amenities, this prestigious zip code continues to captivate those who desire the best that Boston has to offer.
