Zip code 01940: Lynnfield, Massachusetts
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
- Median household income$173,21497thStrengthU.S. $80,734 · MA $103,96056th of 503 in MA
- Median gross rent$2,67697thU.S. $1,413 · MA $1,76226th of 461 in MA
- 97thWeaknessU.S. 51.1% · MA 51.8%47th of 506 in MA
- Median earnings per worker$91,84896thStrengthU.S. $49,666 · MA $62,09570th of 519 in MA
- Per capita income$78,73895thStrengthU.S. $44,673 · MA $57,897101st of 522 in MA
- Median home value$905,40094thU.S. $332,700 · MA $562,10068th of 506 in MA
- Homeownership rate87.7%93rdStrengthU.S. 65.2% · MA 62.5%112th of 518 in MA
- 91stStrengthU.S. 35.7% · MA 47.3%130th of 521 in MA
- Work from home27.2%91stU.S. 15.1% · MA 18.6%106th of 520 in MA
- Residents under 1827.6%89thU.S. 22% · MA 19.4%23rd of 522 in MA
- Broadband access96.4%88thStrengthU.S. 91% · MA 92.8%125th of 518 in MA
- Average commute32.1 min84thWeaknessU.S. 26.4 min · MA 29.1 min152nd of 504 in MA
- 80thU.S. 10% · MA 8.8%143rd of 520 in MA
- Median age41.971stU.S. 38.9 · MA 40322nd of 522 in MA
- Tech workers3.9%67thU.S. 3.8% · MA 4.9%220th of 520 in MA
- 66thU.S. 0.483 · MA 0.489172nd of 517 in MA
- 63rdU.S. 17.2% · MA 17.9%293rd of 522 in MA
- 53rdU.S. 14.1% · MA 18%218th of 522 in MA
- Population density1,318/sq mi49thU.S. 95/sq mi · MA 903/sq mi202nd of 522 in MA
- 36thU.S. 9.7% · MA 10.3%346th of 520 in MA
- Government workers11.9%35thU.S. 14.5% · MA 12.7%304th of 520 in MA
- Diversity index32.727thU.S. 61.4 · MA 52.7225th of 522 in MA
- Population13,28520thU.S. 334,922,499 · MA 7,044,056209th of 522 in MA
- Poverty rate5.9%18thStrengthU.S. 12.5% · MA 10%283rd of 519 in MA
- Veterans3.3%18thU.S. 6.2% · MA 4.3%392nd of 522 in MA
- 15thStrengthU.S. 5.2% · MA 5.2%400th of 520 in MA
- Housing vacancy3.4%15thU.S. 10.1% · MA 8.1%381st of 519 in MA
- Uninsured rate1.2%2ndStrengthU.S. 8.4% · MA 2.6%342nd of 521 in MA
| Measure | 01940 | Essex | MA | U.S. | National percentile | Rank in MA |
|---|---|---|---|---|---|---|
| Median household incomeStrength | $173,214 | $101,883 | $103,960 | $80,734 | 56th of 503 | |
| Median gross rent | $2,676 | $1,756 | $1,762 | $1,413 | 26th of 461 | |
| Rent-burdened rentersWeakness | 69.2% | 56.8% | 51.8% | 51.1% | 47th of 506 | |
| Median earnings per workerStrength | $91,848 | $59,761 | $62,095 | $49,666 | 70th of 519 | |
| Per capita incomeStrength | $78,738 | $54,665 | $57,897 | $44,673 | 101st of 522 | |
| Median home value | $905,400 | $619,100 | $562,100 | $332,700 | 68th of 506 | |
| Homeownership rateStrength | 87.7% | 63.5% | 62.5% | 65.2% | 112th of 518 | |
| Bachelor's degree or higherStrength | 62.7% | 43% | 47.3% | 35.7% | 130th of 521 | |
| Work from home | 27.2% | 16.4% | 18.6% | 15.1% | 106th of 520 | |
| Residents under 18 | 27.6% | 20.8% | 19.4% | 22% | 23rd of 522 | |
| Broadband accessStrength | 96.4% | 92.4% | 92.8% | 91% | 125th of 518 | |
| Average commuteWeakness | 32.1 min | 28.5 min | 29.1 min | 26.4 min | 152nd of 504 | |
| Self-employed workers | 12.5% | 9.2% | 8.8% | 10% | 143rd of 520 | |
| Median age | 41.9 | 41.2 | 40 | 38.9 | 322nd of 522 | |
| Tech workers | 3.9% | 3.7% | 4.9% | 3.8% | 220th of 520 | |
| Income inequality (Gini) | 0.455 | 0.482 | 0.489 | 0.483 | 172nd of 517 | |
| Residents 65 and older | 18.4% | 18.5% | 17.9% | 17.2% | 293rd of 522 | |
| Foreign-born residents | 10.6% | 19.1% | 18% | 14.1% | 218th of 522 | |
| Population density | 1,318/sq mi | 1,651/sq mi | 903/sq mi | 95/sq mi | 202nd of 522 | |
| Healthcare workers | 8.6% | 9.9% | 10.3% | 9.7% | 346th of 520 | |
| Government workers | 11.9% | 12.1% | 12.7% | 14.5% | 304th of 520 | |
| Diversity index | 32.7 | 52.2 | 52.7 | 61.4 | 225th of 522 | |
| Population | 13,285 | 813,054 | 7,044,056 | 334,922,499 | 209th of 522 | |
| Poverty rateStrength | 5.9% | 9.4% | 10% | 12.5% | 283rd of 519 | |
| Veterans | 3.3% | 4.3% | 4.3% | 6.2% | 392nd of 522 | |
| Unemployment rateStrength | 2.9% | 5.1% | 5.2% | 5.2% | 400th of 520 | |
| Housing vacancy | 3.4% | 5% | 8.1% | 10.1% | 381st of 519 | |
| Uninsured rateStrength | 1.2% | 2.8% | 2.6% | 8.4% | 342nd of 521 |
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
Race and ethnicity
- White81%
- Black1%
- Hispanic5%
- Asian7%
- Native American0%
- Pacific Islander0%
- Other0.4%
- Multiracial5%
Language spoken at home (households)
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
Median household income
Housing
Median home value
Median gross rent
Types of housing
- 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
Commute time (one way)
Jobs and careers
Occupations
Industries
Median earnings by type of work
| Type of work | 01940 | U.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+)
- 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
- State
- Massachusetts
- County
- Essex County
- 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
| Zip | City | Distance | IncomeMedian income |
|---|---|---|---|
| 01880 | Wakefield, MA | 2.4 mi | $134,306 |
| 01867 | Reading, MA | 3.4 mi | $165,912 |
| 01825 | North Reading, MA · PO box | 3.5 mi | — |
| 01960 | Peabody, MA | 3.5 mi | $96,501 |
| 01864 | North Reading, MA | 3.9 mi | $147,768 |
| 01904 | Lynn, MA | 4.5 mi | $99,614 |
| 01889 | North Reading, MA · PO box | 4.5 mi | — |
| 01937 | Hathorne, MA | 4.5 mi | — |
| 01906 | Saugus, MA | 4.6 mi | $101,539 |
| 02180 | Stoneham, MA | 5.1 mi | $113,964 |
| 01923 | Danvers, MA | 5.3 mi | $125,395 |
| 02176 | Melrose, MA | 5.5 mi | $133,953 |
Zip codes like 01940 elsewhere
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.