ZIP code 01940
01940 is in Essex County, Massachusetts.
13,285Residents
$173,214Median household income
$2,676/moMedian gross rent
$905,400Median home value
41.9Median age
63%Adults with a bachelor’s degree or higher
88%Homes lived in by their owners
5.2×Home value to household income
Median rent takes about 19% of the median household income in ZIP 01940.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $107,000 a year. In Massachusetts that leaves roughly $6,563 a month after tax. See the full paycheck breakdown for $110,000.
Other ZIP codes in Essex County
- 01960 $96,501
- 01844 $113,212
- 01841 $56,971
- 01902 $67,046
- 01970 $85,041
- 01915 $104,918
- 01810 $172,606
- 01845 $140,670
- 01930 $83,883
- 01906 $101,539
- 01905 $84,333
- 01923 $125,395
All ZIP codes in Massachusetts · Highest-paying jobs in Massachusetts
Source: Census ACS 2024 ACS 5-year, ZIP code tabulation areas. ZCTAs approximate postal ZIP codes and can differ from them. Small areas carry larger margins of error.