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Danvers, MA

Full City Profile · Massachusetts · Essex County County

3.5 /5.0
B+ Good
27,924 Population 2,103/sq mi density
$117,072 Median Income $55,039 per capita
$611,200 Home Value $712,277 Zillow
$2,004 Median Rent 32.0% income on rent
50°F Avg Temperature 246 sunny days/yr
141 Violent Crime/100K 1,290 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$117,072 median income, 4.0% unemployment
B+
Affordability
3.7 / 5.0
$611,200 home value, $2,004/mo rent
F
Safety
1.0 / 5.0
141 violent crimes/100K
A+
Education
4.7 / 5.0
46.8% bachelor's degree or higher

Income Overview

Median Household Income
$117,072
56% above
US avg: $75,149
Per Capita Income
$55,039
41% above
US avg: $39,052
Unemployment Rate
4.0%
11% above
US avg: 3.6%
Poverty Rate
2.5%
80% below
US avg: 12.4%

Income Comparison: Danvers vs. U.S. Average

Each bar shows Danvers’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$117,072
156%
Per Capita
US: $39,052
$55,039
141%
IRS Avg AGI
US: $72,000
$111,515
155%
Avg Weekly Wage
US: $1,432
$1,453
101%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,453
1% above US avg ($1,432)
Mean Commute Time
28 min
1% above US avg (28 min)
Work From Home
17.5%
15% above US avg (15.2%)
Drive Alone
73.4%
0% below US avg (73.2%)
Public Transit
2.6%
48% below US avg (5.0%)
County GDP
$60,733M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 73.4%
Public Transit 2.6%
Work From Home 17.5%
Other 6.5%
Average commute time
28 minutes
US avg: 28 min

Business Landscape

Total Establishments
28,628
Restaurants
1,878
Healthcare
2,243
Retail
2,499
Manufacturing
777

Tax & Financial

IRS Avg Adjusted Gross Income
$111,515
55% above US avg ($72,000)
Avg Property Tax
$8,835
152% above US avg ($3,500)
Cost of Living Index
105.8
Above national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$117,072
Per Capita Income$55,039
IRS Avg Adjusted Gross Income$111,515
Avg Weekly Wage$1,453
County GDP$60,733M

Hardship Indicators

Unemployment Rate4.0%
Poverty Rate2.5%
Gini Coefficient0.483
Cost of Living Index105.8

Commute

Mean Commute28 minutes
Drive Alone73.4%
Public Transit2.6%
Work From Home17.5%

Businesses

Total Establishments28,628
Restaurants1,878
Healthcare2,243
Retail2,499
Manufacturing777

Tax

IRS Avg AGI$111,515
Avg Property Tax$8,835