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Danvers, Massachusetts

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
28,098
Population
$125,395
Median Income
$644,200
Home Value
45.3
Median Age

Demographics

Danvers has a population of 28,098 with a median age of 45.3. Here is the racial and ethnic breakdown of the population:

White
88.9%
Hispanic
5.5%
Other
2.0%
Black
1.8%
Asian
1.8%
Demographic Value
Total Population28,098
Median Age45.3
White88.9%
Black or African American1.8%
Asian1.8%
Hispanic or Latino5.5%
Other / Two or More Races2.0%
Danvers, Massachusetts — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 88.9%Hispanic/Latino: 5.5%Other: 3.6%Other: 2.0%28,098PopulationWhiteWhite88.9%Hispanic/LatinoHispanic/Latino5.5%OtherOther3.6%OtherOther2.0%

Income & Economy

The median household income in Danvers is $125,395, which is 55.6% above the national median of $80,610. The per capita income is $58,972. The poverty rate is 4.8%.

$125,395
Median Household Income
$58,972
Per Capita Income
4.8%
Poverty Rate

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Education

In Danvers, 95.2% of residents age 25+ have a high school diploma or higher, and 48.4% hold a bachelor's degree or higher (17.7% with a graduate or professional degree).

HS Diploma+
95.2%
Bachelor's+
48.4%
Graduate+
17.7%
Education Level % of Adults (25+)
High School Diploma or Higher95.2%
Bachelor's Degree or Higher48.4%
Graduate or Professional Degree17.7%

Housing

The median home value in Danvers is $644,200, above the national median of $303,400. The median monthly rent is $2,076. The homeownership rate is 69.2%.

$644,200
Median Home Value
$2,076/mo
Median Rent
69.2%
Homeownership Rate
Housing Metric Value
Median Home Value$644,200
Median Monthly Rent$2,076
Homeownership Rate69.2%
Vacancy Rate4.6%

Salaries in Massachusetts

Explore salary data for popular occupations in Massachusetts:

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Other Cities in Massachusetts

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Frequently Asked Questions

What is the population of Danvers, Massachusetts?
The population of Danvers, Massachusetts is 28,098 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Danvers, Massachusetts?
The median household income in Danvers, Massachusetts is $125,395. This is 55.6% above the national median of $80,610.
What is the median home value in Danvers, Massachusetts?
The median home value in Danvers, Massachusetts is $644,200. The median monthly rent is $2,076.
What percentage of people in Danvers have a college degree?
In Danvers, Massachusetts, 48.4% of adults age 25 and older hold a bachelor's degree or higher, and 95.2% have a high school diploma or higher.
Is Danvers, Massachusetts an affordable place to live?
The home price-to-income ratio in Danvers, Massachusetts is 5.1x (median home value $644,200 vs. median income $125,395), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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