Ipswich, MA
Maps & Population Facts
Population
13,810
Population Density
430
Labor Participaton
67.8%
Bachelor's or Higher
51.2%
Median Household Income
$80,829
Median Individual Income
$46,019
Median Individual Income(Full-time Workers Only)
$64,077
Housing Estimates
Median House Value
$452,400
Median Gross Rent
$1,033
Median Mortgage Payment
$2,339
Housing Units
6,049
People who reside in Ipswich live in:
Detached - Single Family Homes
61%
Apt, Condo, Other
39%
Analysis
Income
Households in Ipswich earn significantly more money than the national median income, averaging 34% higher per household.
Housing
Ipswich has a median house price of $452,400. The cost of homeownership is significantly higher than most areas. The cost of renting in Ipswich is 2% more than the national average.
Percent | |
---|---|
Renter Occupied Households | 38% |
New Construction (Built after 2000) | 9% |
Demographics
The median age in Ipswich is 49. Ipswich has a population that is significantly older than in comparison to the US median age.
Ipswich 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
Ipswich | Massachusetts | USA | |
Median Property Value | 452,400 | 385,400 | 217,600 |
Median Mortgage Payment | 2,339 | 2,108 | 1,513 |
Median Gross Rent | 1,033 | 1,208 | 1,012 |
Property Vacancy | 6.1% | 10.0% | 12.6% |
% Renters | 26% | 38% | 36% |
Residents per Sq. Mi. | 430 | 885 | 93 |
Personal Comparison
Ipswich | Massachusetts | USA | |
Median Household Income | 80,829 | 77,385 | 60,336 |
Median Individual Income | 46,019 | 41,700 | 33,646 |
Median Income (Full-Time) | 64,077 | 60,923 | 46,881 |
Median Age | 48.8 | 39.5 | 38.1 |
Labor Participation | 67.8% | 67.8% | 62.8% |
Attained College Degree | 51.2% | 43.4% | 32.0% |
Population Density Analysis
Ipswich, MA
430
Residents per Sq. Mile
The population density of Ipswich is comparable to that of a Rural 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 +