01940 Zip Code

Below you will find a comprehensive overview of the statistics and characteristics of the 01940 zip code. These include population demographics, economic characteristics, education data, occupation information, housing characteristics, and more.

Key Information:
StateMassachusetts
CityLynnfield
Time ZoneAmerica/New_York
Geo Location42.53457, -71.03755
Population13023
Size27.308 square miles
Median Family Income$167663.00
Median Home Value$731400.00

Population & Demographics

The following information lists the population statistics and breakdown for the 01940 zip code. The total population is 13023, of which, 6091 are male and 6932 are female. With a total area of 27.308 square miles, the population density is 493.4 people per square mile. The median age of the population is 40.5 years old. Below you’ll find additional information on the population and demographics of this zip code, including age distribution, race distribution, language spoken, and more.

YearPopulation
201111793
201212019
201312299
201412704
201512944
201613143
201713425
201813484
201913474
202013429
202113023

Age BracketNumber of PeoplePercentage of Population
Under 5 years old 9957.6%
Age 5-9134510.3%
Age 10-148136.2%
Age 15-195454.2%
Age 20-246224.8
Age 25-295304.1%
Age 30-346164.7%
Age 35-399717.5%
Age 40-44748 5.7%
Age 45-499517.3%
Age 50-549046.9%
Age 55-599067%
Age 60-646495%
Age 65-699347.2%
Age 70-744463.4%
Age 75-793762.9%
Age 80-843332.6%
Age 85 and over3392.6%


Languages Spoken (of those 5 years of age and older) :
  • Speaks Language other than English: 10.8 %
  • Speaks Spanish: 1.4 %
  • Speaks Other Indo-European Language: 6 %
  • Speaks Pacific Island Languages: 3.3 %
  • Speak Other Languages: 0.1 %
Marital Status: 
  • Currently Married: 66.7 %
  • Divorced: 5 %
  • Separated (not divorced): 0.3 %
  • Never Married: 21.8 %

Income & Economic Characteristics

The median inflation-adjusted family income in the 01940 zip code is $167663. This is 114.93% greater than the national average. This income places 3.3% of the population below the poverty line. The average retirement income for individuals in this zip code (for those that have it) is $36297. Below you can find additional economic characteristics, including income bracket distribution, median income over time, retirement statistics, and more.

Annual Income Bracket ($)Number of Families in Bracket
Less than $10,000.0027
$10,000.00 – $14,999.0026
$15,000.00 – $24,999.0025
$25,000.00 – $34,999.00133
$35,000.00 – $49,999.00247
$50,000.00 – $74,999.00217
$75,000.00 – $99,999.00204
$100,000.00 – $149,999.00632
$150,000.00 – $199,999,00656
$200,000.00 +1440

YearMedian Family Income ($ USD)
2011115141
2012117993
2013118899
2014121479
2015130144
2016130773
2017133716
2018150648
2019158669
2020161008
2021167663

Income Source# of Households
Wage or Salary3659
Self Employment721
Social Security1501
Dividends, Interest, or Rental1518
Retirement1156
Other496

Total Insured & Uninsured Individuals: 
  • Families Insure: 12852
  • Families Uninsured: 171
Total Individuals with and w/o retirement income:   
  • Yes retirement income: 1156
  • No retirement income: 3507

Education

In the 01940 zip code, 97.3% of individuals over 25 years old have a high school degree or higher, and 61.2% have a bachelors degree or higher. Additionally, 21% of individuals 3 years and older are in private school, and 79% are in public school. The data below outline the education level breakdown, degree field breakdown, and more.




Occupation and Work Characteristics

In the 01940 zip, there are an estimated 6927 people in the labor force, of which, 6671 are employed, and 256 are unemployed. There are a total of 0 people in the armed forces. The average commute time for this zip code is 31.8 minutes. Of the total people that work, 1216 worked from home and 6569 commuted. The average number of hours worked is 39.1. Below you’ll find additional information on occupation distribution, industry breakdown, commuting characteristics and workplace statistics.

Occupation# of Individual
Management, Business, Science, and Arts3834
Services524
Sales and Office1733
Construction and Maintenance:255
Transportation and Material Moving325





Housing

The median home value for the 01940 zip code is 731400. There is an estimated  4663 number of occupied housing units, the median gross rent in is $1752 per month, and the average monthly housing costs are estimated to be $2586. Below you’ll find additional breakdowns of home values, rents, home build years, and more.

Home Value (USD)Number of Homes
Less than $50,0000
$50,000 – $99,00034
$100,000 – $149,9990
$150,000 – $199,99929
$200,000 – $299,99935
$300,000 – $499,999389
$500,000 – $999,9992765
$1,000,000+749

Home Year BuiltNumber of Homes
2020 or Later17
2010 – 2019236
2000 – 2009188
1980 – 1999928
1960 – 19791325
1940 – 19591474
1939 or earlier495

The median number of rooms in all housing units is 7.4 rooms.
Monthly Rent ($ USD)Number of Units
Less than $50094
$500 – $99982
$1,000 – $1,49974
$1,500 – $1,999142
$2,000 – $2,499146
$2,499 – $2,99933
$3,000 + 72

Monthly Housing Costs ($)Number of Households
Less than 30047
300-499100
500-799100
800-999151
1000-1499760
1500-1999578
2000-2499488
2500-2999572
3000+1848

Monthly Housing Cost as a % of Monthly IncomeNumber of Households
Less than 20%1349
20%-24.9%577
25%-29.9%280
30%-34.9%156
35+%612



# of VehiclesHouseholds
None232
1897
22414
3+1120
Home Heating Characteristics: 
  • Utility Gas: 55.3 %
  • Bottle Tank or LP Gas: 2.1 %
  • Electricity: 6.5 %
  • Oil or Kerosene etc: 36.2 %
  • Coal or Coke: 0 %
  • All Other: 0 %

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All information sourced from official government sources including Census.gov, the IRS, and the Department of Education.