| ZIP Code | 01923 |
|---|---|
| City | Danvers |
| State | Massachusetts (MA) |
| County | Essex County |
| Area Code | 351/978 |
| Elevation | 56 ft |
| Latitude | 42.574174 |
|---|---|
| Longitude | -70.950516 |
| Timezone | New York (DST) |
| FIPS | 25009 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 45.3 yrs ↑ 2% since 2019 |
|---|---|
| Avg Household Size | 2.46 |
| Below Poverty | 4.7% ▼ 53% below avg |
| College Grads | 57.2% ▲ 48% above avg |
| Unemployment | 5.6% ▲ 14% above avg |
| No HS Diploma | 196 (1%) |
| HS Graduate | 4,324 (21.8%) |
| Some College | 1,981 (10%) |
| Associates | 1,972 (10%) |
| Bachelors | 1,882 (9.5%) |
| Graduate Degree | 9,448 (47.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $117,072 ▲ 53% above avg ↑ 31% since 2019 |
|---|---|
| Median Home Value | $611,200 ▲ 119% above avg ↑ 43% since 2019 |
| Home/Income Ratio | 5.2x (nat avg ~3.5x) |
| Median Rent | $2,004/mo ↑ 43% since 2019 |
| Total Units | 11,405 |
| Vacant Units | 364 |
| Avg HH Size | 2.46 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 11,405 |
|---|---|
| Vacant | 364 |
| Owner Occupied | 68.9% |
| Renter Occupied | 31.1% |
| Avg HH Size | 2.46 |
ZIP code 01923 is located in Danvers, Massachusetts, within Essex County. With a population of 27,778, this is a moderately populated ZIP code with a mature community — the median age is 45.3 years. Economically, 01923 is a upper-middle-income ZIP code: the median household income of $117,072 is significantly above the national average.
Real estate in ZIP code 01923 represents a premium housing market. The median home value of $611,200 is more than double the national average. Renters can expect to pay around $2,004 per month in median rent. Homeownership is strong here — 68.9% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 43% since 2019.
The population of 01923 is primarily White (88.22%). Residents are well-educated — 57.2% hold a bachelor's degree or higher, which is above the national average. Poverty affects a relatively small share of residents at 4.7%. Household income has grown by 31% since 2019.
The unemployment rate in 01923 stands at 5.6%, which is near the national average. About 18% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 73%.
Overall, ZIP code 01923 in Danvers, MA is characterized as upper-middle-income, well-educated, a mature community, and predominantly owner-occupied. With 27,778 residents, a median household income of $117,072, and a median home value of $611,200, it offers a clear picture of life in this part of Massachusetts.