Danvers, MA
Maps & Population Facts
Population
27,527
Population Density
2,073
Labor Participaton
66.0%
Bachelor's or Higher
41.1%
Median Household Income
$79,795
Median Individual Income
$42,211
Median Individual Income(Full-time Workers Only)
$60,669
Housing Estimates
Median House Value
$380,600
Median Gross Rent
$1,259
Median Mortgage Payment
$2,247
Housing Units
11,102
People who reside in Danvers live in:
Detached - Single Family Homes
58%
Apt, Condo, Other
42%
Analysis
Income
Households in Danvers earn significantly more money than the national median income, averaging 32% higher per household.
Housing
Danvers has a median house price of $380,600. The cost of homeownership is higher than most areas. The cost of renting in Danvers is 24% more than the national average.
Percent | |
---|---|
Renter Occupied Households | 38% |
New Construction (Built after 2000) | 12% |
Demographics
The median age in Danvers is 45. Danvers has a population that is significantly older than in comparison to the US median age.
Danvers ranks in the highest of the nation for having an educated population with more college graduates per resident than most areas.
Housing Data
Housing Comparison
Danvers | Massachusetts | USA | |
Median Property Value | 380,600 | 385,400 | 217,600 |
Median Mortgage Payment | 2,247 | 2,108 | 1,513 |
Median Gross Rent | 1,259 | 1,208 | 1,012 |
Property Vacancy | 4.3% | 10.0% | 12.6% |
% Renters | 30% | 38% | 36% |
Residents per Sq. Mi. | 2,073 | 885 | 93 |
Personal Comparison
Danvers | Massachusetts | USA | |
Median Household Income | 79,795 | 77,385 | 60,336 |
Median Individual Income | 42,211 | 41,700 | 33,646 |
Median Income (Full-Time) | 60,669 | 60,923 | 46,881 |
Median Age | 45.0 | 39.5 | 38.1 |
Labor Participation | 66.0% | 67.8% | 62.8% |
Attained College Degree | 41.1% | 43.4% | 32.0% |
Population Density Analysis
Danvers, MA
2,073
Residents per Sq. Mile
The population density of Danvers is comparable to that of a Suburban Area.
Major City
10,000 Residents +
Mid-Sized City
5,000 Residents +
Small City
2,500 Residents +
Suburban
500 Residents +
Rural
100 Residents +
Remote
1 Residents +