| ZIP Code | 01938 |
|---|---|
| City | Ipswich |
| State | Massachusetts (MA) |
| County | Essex County |
| Area Code | 351/978 |
| Elevation | 47 ft |
| Latitude | 42.686464 |
|---|---|
| Longitude | -70.839594 |
| Timezone | New York (DST) |
| FIPS | 25009 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 48.0 yrs |
|---|---|
| Avg Household Size | 2.38 |
| Below Poverty | 6.5% ▼ 35% below avg |
| College Grads | 64.4% ▲ 66% above avg |
| Unemployment | 2.8% ▼ 43% below avg |
| No HS Diploma | 61 (0.6%) |
| HS Graduate | 1,689 (16.9%) |
| Some College | 844 (8.4%) |
| Associates | 966 (9.7%) |
| Bachelors | 739 (7.4%) |
| Graduate Degree | 5,707 (57%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $124,405 ▲ 63% above avg ↑ 33% since 2019 |
|---|---|
| Median Home Value | $701,400 ▲ 152% above avg ↑ 44% since 2019 |
| Home/Income Ratio | 5.6x (nat avg ~3.5x) |
| Median Rent | $1,525/mo ↑ 33% since 2019 |
| Total Units | 6,270 |
| Vacant Units | 513 |
| Avg HH Size | 2.38 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 6,270 |
|---|---|
| Vacant | 513 |
| Owner Occupied | 72.6% |
| Renter Occupied | 27.4% |
| Avg HH Size | 2.38 |
ZIP code 01938 is located in Ipswich, Massachusetts, within Essex County. With a population of 13,820, this is a lightly populated ZIP code with a mature community — the median age is 48 years. Economically, 01938 is a upper-middle-income ZIP code: the median household income of $124,405 is significantly above the national average.
Real estate in ZIP code 01938 represents a premium housing market. The median home value of $701,400 is more than double the national average. Renters can expect to pay around $1,525 per month in median rent. Homeownership is strong here — 72.6% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 44% since 2019.
The population of 01938 is primarily White (91.27%). Residents are highly educated — 64.4% hold a bachelor's degree or higher, which is significantly above the national average. Poverty affects a relatively small share of residents at 6.5%. Household income has grown by 33% since 2019.
The unemployment rate in 01938 stands at 2.8%, which is below the national average. About 16% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 74%.
Overall, ZIP code 01938 in Ipswich, MA is characterized as upper-middle-income, highly educated, a mature community, and predominantly owner-occupied. With 13,820 residents, a median household income of $124,405, and a median home value of $701,400, it offers a clear picture of life in this part of Massachusetts.