Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 48.0 yrs |
|---|---|
| Avg HH 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 |
|---|---|
| Median Home Value | $701,400 ▲ 152% above avg |
| Home/Income Ratio | 5.6x (nat avg ~3.5x) |
| Median Rent | $1,525/mo |
| Total Housing Units | 6,270 |
| Vacant Units | 513 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Ipswich is a city in Massachusetts, located in Essex County. The city spans 1 ZIP code and is home to approximately 13,820 residents. It is a mature city, with a median age of 48 years.
Economically, Ipswich is a upper-middle-income community. The median household income of $124,405 is significantly above the national average. Approximately 6.5% of residents live below the poverty line. The unemployment rate is 2.8%, below the national average.
The real estate market in Ipswich is a premium housing market. Median home values stand at $701,400, which is more than double the national average. Renters typically pay around $1,525 per month. Homeownership is high at 72.6%, typical of suburban and family-oriented communities.
The population of Ipswich is highly educated. 64.4% of adults hold a bachelor's degree or higher — significantly above the national average. The community is primarily White (91.27%).
Ipswich, MA offers residents above-average earning potential within Massachusetts.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 01938 | 13,820 | $124,405 | $701,400 | $1,525 | 2.8% | 64.4% | 72.6% |