ZIP Code 01940

ZIP Code Tabulation Area in Essex County, Massachusetts.

Population: 13,183
Median household income: $171,044
Median home value: $891,100

ZIP Code 01940 is a ZIP Code Tabulation Area in Essex County, Massachusetts, home to about 13,183 residents. At $171,044, its median household income sits above Essex County's $99,431.

Between 2019 and 2023, ZIP Code 01940's population declined 2.2% from 13,474 to 13,183, while its median gross rent rose 33.6% from $1,746 to $2,333.

The largest age group is 5 to 17, 20.3% of residents. White (non-Hispanic) residents are the largest group, 81.4% of the population.

Demographics

ACS 2019–2023

Population: 13,183
Median age: 41.5 yrs
Median household income: $171,044
Median home value: $891,100
Median gross rent: $2,333
Housing units: 5,033
Homeownership rate: 86.9%
Bachelor's degree or higher: 61.2%
Unemployment rate: 3.4%

Trends

ACS 5-year · 2019–2023

Population

13,47413,183

Median household income

$119,602$171,044

Median home value

$659,800$891,100

Median gross rent

$1,746$2,333

Year	Population	Median household income	Median home value	Median gross rent
2019	13,474	$119,602	$659,800	$1,746
2020	13,429	$136,023	$699,100	$1,815
2021	13,023	$144,116	$731,400	$1,752
2022	13,072	$157,955	$851,600	$1,891
2023	13,183	$171,044	$891,100	$2,333

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 56.7%

5 to 1720.3%

18 to 244.8%

25 to 349.3%

35 to 4414.7%

45 to 5412.9%

55 to 6412.5%

65 to 7410.7%

75 and over8.1%

	Count	Share
Under 5	879	6.7%
5 to 17	2,670	20.3%
18 to 24	635	4.8%
25 to 34	1,232	9.3%
35 to 44	1,937	14.7%
45 to 54	1,702	12.9%
55 to 64	1,644	12.5%
65 to 74	1,414	10.7%
75 and over	1,070	8.1%

Race & ethnicity

	Count	Share
White (non-Hispanic)	10,729	81.4%
Black or African American	185	1.4%
American Indian & Alaska Native	0	0.0%
Asian	1,058	8.0%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	77	0.6%
Two or more races	591	4.5%
Hispanic or Latino (any race)	543	4.1%

Educational attainment (age 25+)

No high school diploma2.1%

High school graduate17.2%

Some college or associate's19.5%

Bachelor's degree31.0%

Graduate or professional degree30.2%

	Count	Share
No high school diploma	191	2.1%
High school graduate	1,550	17.2%
Some college or associate's	1,752	19.5%
Bachelor's degree	2,792	31.0%
Graduate or professional degree	2,714	30.2%

Commute to work

Mean travel time to work: 32 min

Drove alone68.5%

Carpooled4.6%

Public transit1.4%

Walked0.4%

Bicycle0.0%

Worked from home24.8%

Other means0.3%

How workers get to work

	Count	Share
Drove alone	4,372	68.5%
Carpooled	295	4.6%
Public transit	91	1.4%
Walked	26	0.4%
Bicycle	0	0.0%
Worked from home	1,581	24.8%
Other means	22	0.3%

Travel time

	Count	Share
Under 15 min	681	14.2%
15 to 29 min	1,291	26.9%
30 to 44 min	1,566	32.6%
45 to 59 min	646	13.4%
60+ min	622	12.9%

Households

Average household size: 2.75
Poverty rate: 6.0% (787 of 13,183)

	Count	Share
Family households	3,695	77.2%
Nonfamily households	1,090	22.8%

Housing

Median year structure built: 1967

Occupancy

	Count	Share
Occupied	4,785	95.1%
Vacant	248	4.9%

Tenure (of occupied units)

	Count	Share
Owner-occupied	4,159	86.9%
Renter-occupied	626	13.1%

1-unit, detached77.0%

1-unit, attached5.2%

2 to 4 units3.9%

5 to 19 units5.3%

20 or more units8.6%

Mobile home & other0.0%

Units in structure

	Count	Share
1-unit, detached	3,875	77.0%
1-unit, attached	260	5.2%
2 to 4 units	195	3.9%
5 to 19 units	269	5.3%
20 or more units	434	8.6%
Mobile home & other	0	0.0%

ZIP Code 01940

Demographics

Trends

Age distribution

Race & ethnicity

Educational attainment (age 25+)

Commute to work

Households

Housing

Geography

Counties this ZIP covers

Compare with nearby ZIP codes

National ZIP rankings

Nearby ZIP codes