Housing market/Massachusetts/ZIP 01247
ZIP 01247 North Adams, Franklin County, Massachusetts
Franklin County, MA · Massachusetts. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.
ZIP brief
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HUD schedule, ACS stock, and the 90–110% band for ZIP 01247 · MA — sent to you.
ZIP 01247 · MA
ACS rent vs 2BR SAFMR
ZIP 01247 — North Adams, MA HUD Section 8 Payment Standards / SAFMR →ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.
Housing stock
ACS 2023 units-in-structure · ZCTA 01247
- 1-unit detached4,02351.2%
- 1-unit attached580.7%
- 2–4 units2,21628.2%
- 5–49 units1,06613.6%
- 50+ units2993.8%
- Mobile1972.5%
2–4 unit share 28.2% · 5–49 unit share 13.6% · combined 2–49 41.8%.
Units by bedrooms
Rent burden
- ACS median gross rent $786 (all bedrooms, occupied rentals).
- Median contract rent $610.
- Renters paying ≥30% of income 56.3%; ≥50% 25.5%.
- FY2027 2BR SAFMR $1,680 (2.137× ACS median gross rent).
Population
14,967 residents · ACS 2023
Change versus the 2018 ACS 5-year estimate: -3.9%.
ACS 5-year estimates lag current construction. This is not a forecast.
Assisted inventory
- LIHTC: 4 projects, 368 units.
- HUD project-based assisted MF: 5 properties, 297 assisted units.
- HCV household counts (Picture of Subsidized Households) are not on this page yet.
New apartment permits
About 50 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 01247 41.9% of occupied households are renters; vacancy is 14.4%; ACS median gross rent is $786; population changed -3.9% between the 2018 and 2023 ACS vintages; the housing stock includes 2,216 units in 2–4-unit structures and 1,066 units in 5–49-unit structures; 4 LIHTC projects totaling 368 units; FY2027 2BR SAFMR is $1,680 versus ACS median gross rent of $786. 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 01247 is a Census / HUD profile for Franklin County, MA. Not a listing page. Brokerage is Georgia; out-of-state work is referral.
ZIP 01247 — North Adams, MA HUD Section 8 Payment Standards / SAFMR·Massachusetts ZIP directory
Nearby ZIPs in this FMR area
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 01247?
ZIP 01247 (Franklin County, MA) has 14,967 residents, 6,723 households, a renter share of 41.9%, median household income of $55,544, and ACS 2023 median gross rent of $786. Vacancy is 14.4%. These are ZCTA estimates, not a property rent roll.
How much small multifamily housing is in 01247?
ACS counts 1,034 units in 2-unit buildings, 1,182 in 3–4 unit buildings, 734 in 5–9, 53 in 10–19, and 279 in 20–49. Combined 2–49 unit stock is 3,282 units. This is occupied-and-vacant stock, not listings for sale.
What is the Section 8 rent in 01247?
The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,680. See the full schedule and 90–110% payment-standard band on the ZIP 01247 — North Adams, MA HUD Section 8 Payment Standards / SAFMR.
Does this Massachusetts ZIP profile include Georgia listings?
No. ZIP 01247 is Census / HUD research for Franklin County, MA. 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.