Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 45.3 yrs |
|---|---|
| Avg HH 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 |
|---|---|
| Median Home Value | $611,200 ▲ 119% above avg |
| Home/Income Ratio | 5.2x (nat avg ~3.5x) |
| Median Rent | $2,004/mo |
| Total Housing Units | 11,405 |
| Vacant Units | 364 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Danvers is a city in Massachusetts, located in Essex County. The city spans 1 ZIP code and is home to approximately 27,778 residents. It is a mature city, with a median age of 45.3 years.
Economically, Danvers is a upper-middle-income community. The median household income of $117,072 is significantly above the national average. Approximately 4.7% of residents live below the poverty line. The unemployment rate is 5.6%, near the national average.
The real estate market in Danvers is a premium housing market. Median home values stand at $611,200, which is more than double the national average. Renters typically pay around $2,004 per month. Homeownership is high at 68.9%, typical of suburban and family-oriented communities.
The population of Danvers is well-educated. 57.2% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (88.22%).
Danvers, MA offers residents above-average earning potential within Massachusetts.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 01923 | 27,778 | $117,072 | $611,200 | $2,004 | 5.6% | 57.2% | 68.9% |