| ZIP Code | 01940 |
|---|---|
| City | Lynnfield |
| State | Massachusetts (MA) |
| County | Essex County |
| Area Code | 781 |
| Elevation | 98 ft |
| Latitude | 42.534146 |
|---|---|
| Longitude | -71.038333 |
| Timezone | New York (DST) |
| FIPS | 25009 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 41.5 yrs ↓ 4% since 2019 |
|---|---|
| Avg Household Size | 2.75 |
| Below Poverty | 6.0% ▼ 40% below avg |
| College Grads | 66.1% ▲ 71% above avg |
| Unemployment | 3.4% ▼ 30% below avg |
| No HS Diploma | 35 (0.4%) |
| HS Graduate | 1,570 (18.2%) |
| Some College | 532 (6.2%) |
| Associates | 787 (9.1%) |
| Bachelors | 503 (5.8%) |
| Graduate Degree | 5,199 (60.3%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $171,044 ▲ 124% above avg ↑ 43% since 2019 |
|---|---|
| Median Home Value | $891,100 ▲ 220% above avg ↑ 35% since 2019 |
| Home/Income Ratio | 5.2x (nat avg ~3.5x) |
| Median Rent | $2,333/mo ↑ 34% since 2019 |
| Total Units | 5,033 |
| Vacant Units | 248 |
| Avg HH Size | 2.75 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 5,033 |
|---|---|
| Vacant | 248 |
| Owner Occupied | 86.9% |
| Renter Occupied | 13.1% |
| Avg HH Size | 2.75 |
ZIP code 01940 is located in Lynnfield, Massachusetts, within Essex County. With a population of 13,183, this is a lightly populated ZIP code with a middle-aged community — the median age is 41.5 years. Economically, 01940 is a affluent ZIP code: the median household income of $171,044 is more than double the national average.
Real estate in ZIP code 01940 represents among the most expensive housing markets in the country. The median home value of $891,100 is more than double the national average. Renters can expect to pay around $2,333 per month in median rent. Homeownership is strong here — 86.9% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 35% since 2019.
The population of 01940 is primarily White (81.39%). Residents are highly educated — 66.1% hold a bachelor's degree or higher, which is significantly above the national average. Poverty affects a relatively small share of residents at 6.0%. Household income has grown by 43% since 2019.
The unemployment rate in 01940 stands at 3.4%, which is below the national average. About 25% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 68%.
Overall, ZIP code 01940 in Lynnfield, MA is characterized as affluent, highly educated, a middle-aged community, and predominantly owner-occupied. With 13,183 residents, a median household income of $171,044, and a median home value of $891,100, it offers a clear picture of life in this part of Massachusetts.