ZipCodeLook
01940

Zip code 01940: Lynnfield, Massachusetts

Residential delivery areaEssex CountyEastern Time
Population
13,285
Median household income
$173K
U.S. $81K
Median home value
$905K
U.S. $333K
Median rent
$2,676/mo
U.S. $1,413
Median age
41.9
U.S. 38.9
Land area
10 sq mi
1,318 people/sq mi

Boundary is the Census Bureau's ZIP Code Tabulation Area, which closely tracks the postal delivery area.

About 01940

01940 is a suburban zip code in Lynnfield, Massachusetts (Essex County), covering 10 sq mi of land. About 13,285 people live here, or 1,318 per square mile. The median resident is 41.9 years old, compared with 38.9 nationally.

The median household earns $173,214 a year, about 2.1× the national median of $80,734. 5.9% of residents live below the poverty line (U.S.: 12.5%). A typical home is valued at $905,400, or 5.2 years of median household income (U.S.: 4.1 years), which makes homes relatively expensive for local earners. 88% of occupied homes are lived in by their owners, and renters pay a median of $2,676 a month.

63% of adults hold a bachelor's degree or higher (U.S.: 36%). Commuters average 32.1 minutes each way, and 27% of workers work from home. The most common jobs among working residents are in management; sales; and office and administrative support.

How 01940 compares

Sorted from highest to lowest national percentile

The percentile is the share of Americans who live in a zip code with a lower value, so the 50th percentile is typical. Rank 1 is the highest value in the state. Both include zip codes with at least 100 residents. Strengths and weaknesses mark measures in the best or worst fifth nationally, where higher or lower is clearly better (income, poverty, education, commute, broadband, insurance and similar). Measures like age or density are left unmarked.

People

Age

Median age
41.9
Under 18
27.6%
65 and over
18.4%

Race and ethnicity

  • White81%
  • Black1%
  • Hispanic5%
  • Asian7%
  • Native American0%
  • Pacific Islander0%
  • Other0.4%
  • Multiracial5%
Diversity index
32.7
U.S. 61.4
Foreign-born
10.6%
U.S. 14.1%
Born in state
73.3%

Language spoken at home (households)

English only
82%
Spanish
5%
Other Indo-European
8%
Asian / Pacific
5%
Other
0%

Households

Households
4,650
Average household size
2.8
Family households
78.6%
Married couples
68.1%
Living alone
18.8%
Veterans (of adults)
3.3%
Male / female
49% / 51%

Income and poverty

Household income distribution

<$25k
6%
$25–50k
8%
$50–75k
8%
$75–100k
8%
$100–150k
16%
$150–200k
13%
$200k+
41%

Median household income

01940
$173,214
Essex Co.
$101,883
Massachusetts
$103,960
United States
$80,734
Per capita income
$78,738
U.S. $44,673
Poverty rate
5.9%
U.S. 12.5%
Households earning $150K+
54.4%
U.S. 23%
Income inequality (Gini)
0.455
U.S. 0.483

Housing

Median home value

01940
$905,400
Essex Co.
$619,100
Massachusetts
$562,100
United States
$332,700

Median gross rent

01940
$2,676
Essex Co.
$1,756
Massachusetts
$1,762
United States
$1,413

Types of housing

Single-family
83%
2–4 units
3%
5–19 units
5%
20+ units
8%
Mobile home
0%
Boat, RV, van
0%
Housing units
4,815
Owner-occupied
87.7%
Vacant
3.4%
Median year built
1965
Median rooms
7.5
Renters paying 30%+ of income
69.2%
Renters paying 50%+ of income
33.7%
Home value to income
5.2× (U.S. 4.1×)

Work and commute

How people get to work

Drove alone
64%
Carpooled
5%
Transit
3%
Walked
0.5%
Bicycle
0%
Worked from home
27%
Other
0.4%

Commute time (one way)

<10 min
9%
10–19
18%
20–29
16%
30–44
29%
45–59
16%
60+
12%
Average commute
32.1 min
U.S. 26.4 min
Unemployment
2.9%
U.S. 5.2%
In labor force
68.3%
U.S. 63.5%

Jobs and careers

What employed residents do, wherever they work

Occupations

Management
19%
Sales
14%
Office and admin
12%
Business and finance
9%
Healthcare
9%
Education
6%
Construction and repair
6%
Legal and social services
4%
Engineering and science
4%
Computer and math
4%
Arts, media and sports
4%
Transportation and moving
3%
Police and fire
2%
Food service
2%
Production
1%
Cleaning and personal care
1%
Farming, fishing and forestry
0%

Industries

Professional and technical services
19%
Finance, insurance and real estate
15%
Health care and social assistance
12%
Retail
11%
Education
10%
Construction
8%
Manufacturing
7%
Public administration
5%
Transportation, warehousing and utilities
4%
Admin, support and management
3%
Other services
2%
Wholesale
2%
Restaurants and hotels
1%
Arts and recreation
1%
Information
0.7%
Agriculture and mining
0%
Median earnings per worker
$91,848
U.S. $49,666
Self-employed
12.5%
U.S. 10%
Government workers
11.9%
U.S. 14.5%
Nonprofit workers
11.8%
U.S. 8.8%

Median earnings by type of work

Type of work01940U.S.
Management, business, science and arts$122,557$74,888
Service$43,125$26,804
Sales and office$61,286$40,476
Construction and maintenance$69,479$49,199
Production and transportation$31,124$39,989

Education, internet and health coverage

Highest education (adults 25+)

No diploma
2%
High school
16%
Some college
14%
Associate's
6%
Bachelor's
33%
Graduate
30%
High school graduate or higher
98.5%
Bachelor's degree or higher
62.7%
Graduate or professional degree
30.2%
Households with broadband
96.4%
Cable, fiber or DSL
90.3%
No internet access
3%
Without health insurance
1.2%
Limited-English households
2.3%

Geography

City (USPS)
Lynnfield
Center point
42.5341° N, 71.0383° W
Land area
10 sq mi
Water area
0.6 sq mi
Time zone
Eastern Time (UTC-5, UTC-4 in summer)
Zip type
Residential delivery area

Cities and towns within this zip

  • Lynnfield (unincorporated)98% of zip
  • Peabody2% of zip

Census places overlapping the zip's area. Mail may use a different city name than the municipality.

Zip codes near 01940

ZipCityDistanceIncome
01880Wakefield2.4 mi$134,306
01867Reading3.4 mi$165,912
01825North Reading · PO box3.5 mi—
01960Peabody3.5 mi$96,501
01864North Reading3.9 mi$147,768
01904Lynn4.5 mi$99,614
01889North Reading · PO box4.5 mi—
01937Hathorne4.5 mi—
01906Saugus4.6 mi$101,539
02180Stoneham5.1 mi$113,964
01923Danvers5.3 mi$125,395
02176Melrose5.5 mi$133,953

Zip codes like 01940 elsewhere

Matched on income, home values, age, density, education, housing and commuting

Questions about 01940

What city is zip code 01940?

01940 is assigned to Lynnfield, Massachusetts. The city name is the one the Postal Service prefers for mail addressed to this zip code.

What county is 01940 in?

01940 is in Essex County, Massachusetts.

What is the population of 01940?

About 13,285 people live in 01940, according to the Census Bureau's American Community Survey.

What time zone is 01940 in?

01940 is in Eastern Time.

What is the median household income in 01940?

The median household income in 01940 is $173,214.

What zip codes are near 01940?

The closest zip codes to 01940 are 01880, 01867, 01825, 01960, 01864.

Demographic figures are 2020–2024 American Community Survey 5-year estimates for ZIP Code Tabulation Area 01940, from the U.S. Census Bureau. Small areas have wide margins of error. How we build these numbers.