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Ipswich, MA
Full City Profile · Massachusetts · Essex County County
3.5
/5.0
B+
Good
4,806
Population
2,930/sq mi density
$92,969
Median Income
$64,476 per capita
$570,500
Home Value
$819,419 Zillow
$1,456
Median Rent
28.7% income on rent
48°F
Avg Temperature
246 sunny days/yr
135
Violent Crime/100K
326 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$92,969 median income, 2.5% unemployment
B
Affordability
3.2 / 5.0
$570,500 home value, $1,456/mo rent
F
Safety
1.0 / 5.0
135 violent crimes/100K
A+
Education
5.0 / 5.0
54.5% bachelor's degree or higher
Income Overview
Median Household Income
$92,969
24% above
US avg: $75,149
Per Capita Income
$64,476
65% above
US avg: $39,052
Unemployment Rate
2.5%
31% below
US avg: 3.6%
Poverty Rate
1.6%
87% below
US avg: 12.4%
Income Comparison: Ipswich vs. U.S. Average
Each bar shows Ipswich’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$92,969
124%
Per Capita
US: $39,052
$64,476
165%
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
16.0%
5% above US avg (15.2%)
Drive Alone
72.7%
1% below US avg (73.2%)
Public Transit
2.3%
55% below US avg (5.0%)
County GDP
$60,733M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
72.7%
Public Transit
2.3%
Work From Home
16%
Other
9%
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 | $92,969 |
| Per Capita Income | $64,476 |
| IRS Avg Adjusted Gross Income | $111,515 |
| Avg Weekly Wage | $1,453 |
| County GDP | $60,733M |
Hardship Indicators
| Unemployment Rate | 2.5% |
| Poverty Rate | 1.6% |
| Gini Coefficient | 0.483 |
| Cost of Living Index | 105.8 |
Commute
| Mean Commute | 28 minutes |
| Drive Alone | 72.7% |
| Public Transit | 2.3% |
| Work From Home | 16.0% |
Businesses
| Total Establishments | 28,628 |
| Restaurants | 1,878 |
| Healthcare | 2,243 |
| Retail | 2,499 |
| Manufacturing | 777 |
Tax
| IRS Avg AGI | $111,515 |
| Avg Property Tax | $8,835 |