ZIP Code 01923

standard

Source:

Danvers · Essex County · Massachusetts

Population
26,342

770/sq mi

Median income
$125,395

▲ 64% vs US

higher than 92% of US ZIPs

Median home value
$644,200

▲ 132% vs US

higher than 92% of US ZIPs

Bachelor's or higher
48.4%

Median age 45.4

Land area
34.2 sq mi

New York

ZIP code 01923 in Danvers, Massachusetts has a population of 26,342. The median household income is $125,395, which is 64% above the national average. Median home value is $644,200, 132% above the US average. 48.4% of residents hold a bachelor's degree or higher.

ZIP code 01923 is classified by USPS as a standard delivery area and covers roughly 34.2 square miles in Danvers, Essex County, Massachusetts. The area is home to 26,342 residents, producing a population density of 770 people per square mile, and falls within the New York time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 01923 against Massachusetts and the nation.

On the economic side, the median household income for ZIP 01923 sits at $125,395 (8% above the Massachusetts average), while per-capita income is $59,171. The poverty rate stands at 4.5% and the unemployment rate at 4.7%. On housing, the median home value is $644,200 (7% above the state average) with median rent at $2,076 per month, and 69.2% of occupied units are owner-occupied, a direct signal of whether 01923 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 48.4% of adults hold a bachelor's degree or higher, the median age is 45.4, and the average commute is 28 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Essex County, so you can benchmark 01923 against its immediate geography rather than a national average alone. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →

Top industries in ZIP 01923

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 01923.

establishments

What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.

Source U.S. Census Bureau · ZIP Code Business Patterns (ZBP) As of 2023

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 01923, Danvers, MA · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; HUD FMR + FHFA HPI updated quarterly/annually.

Quick Facts

26,342

Population

34.2

Area (sq mi)

770

People / sq mi

New York

Time Zone

standard

ZIP Type

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 01923?

45.4

Median Age

46.6%

Male

53.4%

Female

9.0%

Foreign-Born

White 88.9%
African American 1.8%
Asian 1.7%
American Indian or Alaska Native 0.1%
Native Hawaiian or Pacific Islander 0.2%
Two or More Ethnicities 4.9%
Hispanic or Latino 5.5%

Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

How much do residents earn?

$125,395

Median Household Income

+8% vs state

$59,171

Per Capita Income

4.5%

Poverty Rate

4.7%

Unemployment Rate

28.4 min

Mean Commute Time

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What is the education profile here?

High School Graduate or Higher 71.2%
Bachelor's Degree or Higher 48.4%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

11,536

Total Housing Units

11,005

Occupied Units

531

Vacant Units

2.49

Avg Household Size

Occupancy Type

Owner 69.2%
Renter 30.8%

$644,200

Median Home Value

+7% vs state

$2,076

Median Rent

1963

Median Year Built

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

FHFA House Price Index, annual appreciation data based on repeat sales and appraisals

+6.1%

YoY Change (2024)

249

HPI Index (2000 = 100)

+149%

Total Change Since 2000

Home values in ZIP 01923 have increased 6.1% over the past year (2024). Since 2000, this ZIP has seen +149% cumulative appreciation.

Year Annual Change HPI Index
2020 +3.2% 184
2021 +10.2% 202
2022 +11.3% 225
2023 +4.2% 235
2024 +6.1% 249

Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.

What businesses operate in this ZIP?

Census Bureau data shows 1,112 business establishments in ZIP 01923, employing approximately 24,899 people with a combined annual payroll of $1,693,400,000.

1,112

Businesses

24,899

Employees

$1.7B

Annual Payroll

18

Industry Sectors

Industry Establishments % of Total
Health care and social assistance 162 14.6%
Retail trade 152 13.7%
Other services (except public administration) 125 11.2%
Professional, scientific, and technical services 122 11.0%
Construction 97 8.7%
Accommodation and food services 91 8.2%
Finance and insurance 81 7.3%
Administrative and support and waste management and remediation services 67 6.0%
Manufacturing 40 3.6%
Real estate and rental and leasing 38 3.4%
Wholesale trade 36 3.2%
Arts, entertainment, and recreation 25 2.3%
Information 22 2.0%
Transportation and warehousing 21 1.9%
Educational services 17 1.5%
Management of companies and enterprises 8 0.7%
Agriculture, forestry, fishing and hunting 3 0.3%
Industries not classified 3 0.3%

Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.

Nearby ZIP Codes

Want a side-by-side? Compare 01923 vs 01937 →

ZIP Code City Population Distance
01937 Hathorne, MA 151 1.9 mi
01960 Peabody, MA 50,944 3.0 mi
01983 Topsfield, MA 6,089 4.4 mi
01915 Beverly, MA 39,502 4.4 mi
01984 Wenham, MA 4,875 3.9 mi
01949 Middleton, MA 8,987 4.0 mi
01904 Lynn, MA 18,203 5.8 mi
01970 Salem, MA 41,109 4.8 mi
01902 Lynn, MA 45,139 7.1 mi
01901 Lynn, MA 1,689 7.8 mi

More ZIP Codes in Essex County

Frequently Asked Questions

What county is ZIP code 01923 in?
ZIP code 01923 (Danvers) is located in Essex County, Massachusetts. Essex County contains multiple ZIP codes, see the full list at /counties/essex-ma.
What is the population of ZIP code 01923?
ZIP code 01923 in Danvers, MA has a population of 26,342 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 01923?
The median household income in ZIP 01923 is $125,395, which is 64% above the national average of $76,288.
What is the average home value in ZIP 01923?
The median home value in ZIP 01923 is $644,200, which is 132% above the national average of $278,155.
What is the demographic makeup of ZIP 01923?
The largest racial group in ZIP 01923 is White at 88.9%. Hispanic or Latino residents make up 5.5% of the population.
How many businesses are in ZIP code 01923?
ZIP code 01923 has 1,112 business establishments employing approximately 24,899 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 01923?
The top industries by establishment count in ZIP 01923 are: Health care and social assistance (162), Retail trade (152), Other services (except public administration) (125). There are 18 industry sectors represented in total.
How have home values changed in ZIP code 01923?
According to the FHFA House Price Index, home values in ZIP 01923 increased by 6.1% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 149%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 01923?
In ZIP code 01923, 71.2% of residents aged 25+ have a high school diploma or higher, and 48.4% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 01923?
The mean commute time for workers in ZIP code 01923 is 28.4 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend more time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 01923?
In ZIP code 01923, approximately 69.2% of occupied housing units are owner-occupied and 30.8% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 01923?
The poverty rate in ZIP code 01923 is 4.5% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

ZIP Code Research Guides

Official Data Resources for Danvers, MA

Verify and explore additional data for this area using these official government sources.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023). Business data: Source: Census ZIP Code Business Patterns (ZBP) 2023. Home value trends: Source: FHFA House Price Index (HPI), Five-Digit ZIP Codes.

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