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Housing market/Massachusetts/ZIP 02324

ACS 2023 · FY2027 SAFMR

ZIP 02324 Bridgewater, Massachusetts

Brockton, MA HUD Metro FMR Area · Massachusetts. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
26,022
Households
9,354
Median HH income
$112,445
Renter share
24.9%
Median gross rent
$1,975
Vacancy
4.3%
Pop. change
-5.0%
2BR SAFMR
$2,730
SAFMR / rent
1.382×
2–49 unit stock
1,973
LIHTC proj / units
—
HUD assisted MF
1 / 3

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 02324 · MA — sent to you.

ZIP 02324 · MA

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ACS rent vs 2BR SAFMR

ZIP 02324 — Bridgewater, MA HUD Section 8 Payment Standards / SAFMR →
ACS median rent$1,975
2BR SAFMR$2,730
90% floor$2,457
110% ceiling$3,003

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 02324

  • 1-unit detached6,28664.6%
  • 1-unit attached7157.3%
  • 2–4 units8979.2%
  • 5–49 units1,07611.1%
  • 50+ units5665.8%
  • Mobile1972.0%
TypeUnitsShare
1-unit detached6,28664.3%
1-unit attached7157.3%
2 units (duplex)5265.4%
3–4 units3713.8%
5–9 units1331.4%
10–19 units7667.8%
20–49 units1771.8%
50+ units5665.8%
Mobile1972.0%

2–4 unit share 9.2% · 5–49 unit share 11.0% · combined 2–49 20.2%.

Units by bedrooms

Studio
179
1BR
784
2BR
2,549
3BR
3,686
4BR
2,263
5+
309

Rent burden

Rent ≥30% of income48.9%
Rent ≥50% of income18.8%
  • ACS median gross rent $1,975 (all bedrooms, occupied rentals).
  • Median contract rent $1,815.
  • Renters paying ≥30% of income 48.9%; ≥50% 18.8%.
  • FY2027 2BR SAFMR $2,730 (1.382× ACS median gross rent).

Population

26,022 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -5.0%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: not published for this ZIP.
  • HUD project-based assisted MF: 1 properties, 3 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 103 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 02324 24.9% of occupied households are renters; vacancy is 4.3%; ACS median gross rent is $1,975; population changed -5.0% between the 2018 and 2023 ACS vintages; the housing stock includes 897 units in 2–4-unit structures and 1,076 units in 5–49-unit structures; FY2027 2BR SAFMR is $2,730 versus ACS median gross rent of $1,975. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Massachusetts research

ZIP 02324 is a Census / HUD profile for Brockton, MA. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

ZIP 02324 — Bridgewater, MA HUD Section 8 Payment Standards / SAFMR·Massachusetts ZIP directory

Nearby ZIPs in this FMR area

ZIPPlaceRentersMed. rent2BR SAFMR
02301Brockton, MA HUD Metro FMR Area50.0%$1,566$2,42002302Brockton, MA HUD Metro FMR Area29.9%$1,476$2,65002303Brockton, MA HUD Metro FMR Area——$2,44002304Brockton, MA HUD Metro FMR Area——$2,44002305Brockton, MA HUD Metro FMR Area——$2,44002322Brockton, MA HUD Metro FMR Area20.9%$1,648$2,65002325Brockton, MA HUD Metro FMR Area100.0%—$2,73002330Brockton, MA HUD Metro FMR Area11.3%$1,759$2,70002333Brockton, MA HUD Metro FMR Area16.8%$1,566$2,43002337Brockton, MA HUD Metro FMR Area——$2,44002338Brockton, MA HUD Metro FMR Area4.0%$1,494$2,65002341Brockton, MA HUD Metro FMR Area10.0%$1,912$3,140

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Massachusetts research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 02324?

ZIP 02324 (Brockton, MA HUD Metro FMR Area) has 26,022 residents, 9,354 households, a renter share of 24.9%, median household income of $112,445, and ACS 2023 median gross rent of $1,975. Vacancy is 4.3%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 02324?

ACS counts 526 units in 2-unit buildings, 371 in 3–4 unit buildings, 133 in 5–9, 766 in 10–19, and 177 in 20–49. Combined 2–49 unit stock is 1,973 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 02324?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,730. See the full schedule and 90–110% payment-standard band on the ZIP 02324 — Bridgewater, MA HUD Section 8 Payment Standards / SAFMR.

Does this Massachusetts ZIP profile include Georgia listings?

No. ZIP 02324 is Census / HUD research for Brockton, MA HUD Metro FMR Area. Jeff Crowe CRE does not list Massachusetts property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.