Main / ZIP Codes / 01940

ZIP Code 01940 demographics

Cities: 4

Total housing units: 4,920

Population: 13,023

ZIP Code 01940 location, demographics, population, home values, social and economic characteristics.

ZIP Code 01940 Location

The list below contains cities and counties that use ZIP Code 01940.

01940 state: Massachusetts
01940 counties: Essex County, Middlesex County
01940 cities: Lynn city , Lynnfield CDP , Peabody city , Wakefield CDP

ZIP Code 01940 population: 13,023

Population

Year	Population
2021	13,023
2020	13,429
2019	13,474
2018	13,484
2017	13,425
2016	13,143
2015	12,944
2014	12,704
2013	12,299
2012	12,019
2011	11,793

Census data for ZIP Code 01940

Demographic and housing estimates in ZIP Code 01940

Total population
Total population	13,023
Male	6,091
Female	6,932

Population by age
Total population	13,023
Under 5 years	995
5 to 9 years	1,345
10 to 14 years	813
15 to 19 years	545
20 to 24 years	622
25 to 34 years	1,146
35 to 44 years	1,719
45 to 54 years	1,855
55 to 59 years	906
60 to 64 years	649
65 to 74 years	1,380
75 to 84 years	709
85 years and over	339
Median age (years)	40.5
Under 18 years	3,539
16 years and over	9,769
18 years and over	9,484
21 years and over	9,238
62 years and over	2,803
65 years and over	2,428

Population by race
Total population	13,023
One race	12,557
White	11,574
Black or African American	276
American Indian and Alaska Native	0
Asian	662
Native Hawaiian and Other Pacific Islander	0
Some other race	45
Two or more races	466

Citizen, voting age population
Citizen, VOTING AGE 18 and over population	9,328
Male Citizen, VOTING AGE 18 and over population	4,372
Female Citizen, VOTING AGE 18 and over population	4,956

Social characteristics in ZIP Code 01940

Households by type
Total households	4,663
Family households (families)	3,148
Married-couple family	126
Male householder, no wife present, family	511
Female householder, no husband present, family	434
Nonfamily households	878
Average household size	1,734
Average family size	2.79

Economic characteristics in ZIP Code 01940

Income and benefits (in inflation-adjusted dollars)
Total households	4,663
Less than $10,000	136
$10,000 to $14,999	26
$15,000 to $24,999	140
$25,000 to $34,999	334
$35,000 to $49,999	309
$50,000 to $74,999	277
$75,000 to $99,999	358
$100,000 to $149,999	854
$150,000 to $199,999	689
$200,000 or more	1,540
Median household income (dollars)	144,116

Housing characteristics in ZIP Code 01940

Housing occupancy
Total housing units	4,920
Occupied housing units	4,663
Vacant housing units	257

Units in structure
Total housing units	4,920
1-unit, detached	3,933
1-unit, attached	123
2 units	119
3 or 4 units	60
5 to 9 units	42
10 to 19 units	192
20 or more units	451
Mobile home	0
Boat, RV, van, etc.	0

Year structure built
Total housing units	4,920
Built 2014 or later	17
Built 2010 to 2013	236
Built 2000 to 2009	237
Built 1990 to 1999	499
Built 1980 to 1989	514
Built 1970 to 1979	555
Built 1960 to 1969	818
Built 1950 to 1959	1,161
Built 1940 to 1949	323
Built 1939 or earlier	560

Rooms
Total housing units	4,920
1 room	90
2 rooms	181
3 rooms	220
4 rooms	211
5 rooms	270
6 rooms	726
7 rooms	884
8 rooms	876
9 rooms or more	1,462
Median rooms	7.4

Bedrooms
Total housing units	4,920
No bedroom	90
1 bedroom	395
2 bedrooms	663
3 bedrooms	1,791
4 bedrooms	1,605
5 or more bedrooms	376

Housing tenure
Occupied housing units	4,663
Owner-occupied	4,001
Renter-occupied	662
Average household size of owner-occupied unit	2.98
Average household size of renter-occupied unit	1.62

Year householder moved into unit
Occupied housing units	4,663
Moved in 2017 or later	284
Moved in 2015 to 2016	1,051
Moved in 2010 to 2014	860
Moved in 2000 to 2009	946
Moved in 1990 to 1999	643
Moved in 1989 and earlier	879

Value
Owner-occupied units	4,001
Less than $50,000	0
$50,000 to $99,999	34
$100,000 to $149,999	0
$150,000 to $199,999	29
$200,000 to $299,999	35
$300,000 to $499,999	389
$500,000 to $999,999	2,765
$1,000,000 or more	749
Median (dollars)	731,400

Mortgage status
Owner-occupied units	4,001
Housing units with a mortgage	2,997
Housing units without a mortgage	1,004

Gross rent
Occupied units paying rent	643
Less than $500	94
$500 to $999	82
$1,000 to $1,499	74
$1,500 to $1,999	142
$2,000 to $2,499	146
$2,500 to $2,999	33
$3,000 or more	72
Median (dollars)	1,752
No rent paid	19

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