ZIP Code 01938
standardSource:
Ipswich · Essex County · Massachusetts
- Population
- 13,175
- Median income
- $138,750
- Median home value
- $745,400
- Bachelor's or higher
- 60.2%
- Land area
- 78.8 sq mi
167/sq mi
▲ 82% vs US
higher than 95% of US ZIPs
▲ 168% vs US
higher than 95% of US ZIPs
Median age 47.2
New York
ZIP code 01938 in Ipswich, Massachusetts has a population of 13,175. The median household income is $138,750, which is 82% above the national average. Median home value is $745,400, 168% above the US average. 60.2% of residents hold a bachelor's degree or higher.
ZIP code 01938 is classified by USPS as a standard delivery area and covers roughly 78.8 square miles in Ipswich, Essex County, Massachusetts. The area is home to 13,175 residents, producing a population density of 167 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 01938 against Massachusetts and the nation.
On the economic side, the median household income for ZIP 01938 sits at $138,750 (20% above the Massachusetts average), while per-capita income is $71,987. The poverty rate stands at 5.7% and the unemployment rate at 2.0%. On housing, the median home value is $745,400 (24% above the state average) with median rent at $1,598 per month, and 74.4% of occupied units are owner-occupied, a direct signal of whether 01938 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 60.2% of adults hold a bachelor's degree or higher, the median age is 47.2, and the average commute is 29 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Essex County, so you can benchmark 01938 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 01938
Top 5 sectors by establishment count
Which industries have the most business establishments in ZIP 01938.
- Construction
Construction
54 establishments
- Other services (except public administration)
Other services (except public administration)
50 establishments
- Professional, scientific, and technical services
Professional, scientific, and technical services
38 establishments
- Retail trade
Retail trade
36 establishments
- Manufacturing
Manufacturing
33 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, 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 01938, Ipswich, 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
13,175
Population
78.8
Area (sq mi)
167
People / sq mi
New York
Time Zone
standard
ZIP Type
Who lives in ZIP 01938?
47.2
Median Age
47.4%
Male
52.6%
Female
3.4%
Foreign-Born
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?
$138,750
Median Household Income
+20% vs state
$71,987
Per Capita Income
5.7%
Poverty Rate
2.0%
Unemployment Rate
29.4 min
Mean Commute Time
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
6,224
Total Housing Units
5,709
Occupied Units
515
Vacant Units
2.42
Avg Household Size
Occupancy Type
$745,400
Median Home Value
+24% vs state
$1,598
Median Rent
1964
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
FHFA House Price Index, annual appreciation data based on repeat sales and appraisals
+29.2%
YoY Change (2024)
264
HPI Index (2000 = 100)
+164%
Total Change Since 2000
Home values in ZIP 01938 have increased 29.2% over the past year (2024). Since 2000, this ZIP has seen +164% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +2.2% | 183 |
| 2021 | +11.2% | 203 |
| 2022 | +8.6% | 221 |
| 2023 | -7.3% | 204 |
| 2024 | +29.2% | 264 |
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 372 business establishments in ZIP 01938, employing approximately 5,007 people with a combined annual payroll of $438,570,000.
372
Businesses
5,007
Employees
$438.6M
Annual Payroll
16
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Construction | 54 | 14.5% |
| Other services (except public administration) | 50 | 13.4% |
| Professional, scientific, and technical services | 38 | 10.2% |
| Retail trade | 36 | 9.7% |
| Manufacturing | 33 | 8.9% |
| Administrative and support and waste management and remediation services | 33 | 8.9% |
| Accommodation and food services | 31 | 8.3% |
| Health care and social assistance | 23 | 6.2% |
| Wholesale trade | 18 | 4.8% |
| Finance and insurance | 11 | 3.0% |
| Real estate and rental and leasing | 10 | 2.7% |
| Arts, entertainment, and recreation | 10 | 2.7% |
| Information | 9 | 2.4% |
| Educational services | 8 | 2.1% |
| Agriculture, forestry, fishing and hunting | 3 | 0.8% |
| Transportation and warehousing | 3 | 0.8% |
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 01938 vs 01982 →
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 01982 | South Hamilton, MA | 7,764 | 4.0 mi |
| 01969 | Rowley, MA | 5,856 | 3.6 mi |
| 01951 | Newbury, MA | 3,558 | 6.5 mi |
| 01929 | Essex, MA | 3,504 | 4.8 mi |
| 01984 | Wenham, MA | 4,875 | 6.1 mi |
| 01915 | Beverly, MA | 39,502 | 8.0 mi |
| 01983 | Topsfield, MA | 6,089 | 6.0 mi |
| 01922 | Byfield, MA | 3,108 | 6.3 mi |
| 01950 | Newburyport, MA | 17,416 | 9.2 mi |
| 01944 | Manchester, MA | 5,136 | 8.0 mi |
More ZIP Codes in Essex County
Related Areas
Frequently Asked Questions
What county is ZIP code 01938 in? ▼
What is the population of ZIP code 01938? ▼
What is the median household income in ZIP 01938? ▼
What is the average home value in ZIP 01938? ▼
What is the demographic makeup of ZIP 01938? ▼
How many businesses are in ZIP code 01938? ▼
What are the main industries in ZIP code 01938? ▼
How have home values changed in ZIP code 01938? ▼
What is the education level in ZIP code 01938? ▼
What is the average commute time in ZIP 01938? ▼
What percentage of residents own vs. rent in ZIP 01938? ▼
What is the poverty rate in ZIP code 01938? ▼
ZIP Code Research Guides
Official Data Resources for Ipswich, 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.
PlainZIP is not affiliated with the U.S. Census Bureau or any government agency.
Read our methodology , how this data is sourced, computed, and verified.