01938 ZIP Code – Ipswich, Massachusetts
Located in Ipswich, Massachusetts, ZIP code 01938 is a mid-sized ZIP code within Essex County with a population of approximately 13,791 residents. The median household income of $123,266 is near the Massachusetts average and well above the national average. Homes in this ZIP code have a median value of $649,100, well above the national average, with 74.4% owner-occupied housing (increasing). . Median rent is $1,435, which is above the U.S. average. Housing consists of 71% single-family (increasing), 14% apartments (decreasing), 16% duplex/multi-family.
The area reports an unemployment rate of 2.8%, well below the national average. About 6.5% of residents live below the poverty line, well below the national rate. An estimated 57.5% of adults hold a bachelor's degree or higher, well above the national average. Residents have a median age of 48.0, near the U.S. median. ZIP codes in the surrounding area include 01969, 01982, 01929.
ZIP Code 01938 Data
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ZIP 01938 vs. Massachusetts vs. U.S.
| Metric | ZIP 01938 | MA Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 13k | 13k | 10k |
| Median Household Income | $123k | $107k | $73k |
| Median Home Value | $649k | $528k | $258k |
| Median Rent | $1,435 | $1,563 | $1,088 |
| Median Age | 48.0 | 44.3 | 43.2 |
| Unemployment Rate | 2.8% | 5.0% | 5.0% |
| Poverty Rate | 6.5% | 8.7% | 13.3% |
| Bachelor's Degree or Higher | 57.5% | 47.7% | 26.9% |
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Nearby ZIP Codes
- 01969 – Rowley
- 01982 – South Hamilton
- 01929 – Essex
- 01983 – Topsfield
- 01984 – Wenham
- 01951 – Newbury
- 01922 – Byfield
- 01833 – Georgetown
- 01915 – Beverly
- 01944 – Manchester
Nearby ZIP Code Comparison
| ZIP Code | City | Population | Median Income |
|---|---|---|---|
| 01969 | ROWLEY | 6,175 | $135,396 |
| 01982 | SOUTH HAMILTON | 7,612 | $139,250 |
| 01929 | ESSEX | 3,648 | $133,026 |
| 01983 | TOPSFIELD | 6,532 | $162,734 |
| 01984 | WENHAM | 4,933 | $181,982 |