Danvers, MA
28,098Residents
$125,395Median household income
$2,076/moMedian gross rent
$644,200Median home value
45.3Median age
48%Adults with a bachelor’s degree or higher
69%Homes lived in by their owners
5.1×Home value to household income
Median rent takes about 20% of the median household income in Danvers.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $83,000 a year. In Massachusetts that leaves roughly $5,256 a month after tax. See the full paycheck breakdown for $85,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.