ZIP Code 01940
ZIP / ZCTAPopulation: 13,183
ZIP Code Tabulation Areas (ZCTAs) are Census approximations of USPS ZIP codes. Boundaries may differ slightly from postal delivery areas, and estimates for less-populated ZCTAs carry higher margins of error.
Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).
Quick Facts — 01940
- What is the median household income in 01940?
- The median household income in 01940 is $171,044 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in 01940?
- The poverty rate in 01940 is 4.4% (U.S. Census Bureau ACS 2023).
- What is the median home value in 01940?
- $891,100 (U.S. Census Bureau ACS 2023).
- What is the average rent in 01940?
- The median gross rent in 01940 is $2,333 per month (U.S. Census Bureau ACS 2023).
- What percentage of 01940 residents have a college degree?
- 61.2% of adults in 01940 hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
13,183
Median Income
$171,044
Median Home Value
$891,100
Poverty Rate
4.4%
Unemployment (ACS 2023)
3.4%
Median Age
41.0 yrs
Since 2019
Median Income:
+$51,442 (+43%)
Home Value:
+$231,300 (+35.1%)
Poverty Rate:
+2.3 pp (+109.5%)
Bachelor's+:
+5.8 pp (+10.5%)
Unemployment:
-2.2 pp (-39.3%)
Demographics
Total Population
13,183
Median Age
41.0
Female
50.0%
Race & Ethnicity
Hispanic or Latino 4.1%
White (non-Hisp.) 81.4%
Black 1.4%
Asian 8.0%
Two or More 5.6%
Other 3.4%
Asian Subgroups (% of total pop.)
Chinese
4.6%
Indian
3.1%
Korean
0.2%
Vietnamese
0.1%
Japanese
0.1%
Hispanic Subgroups (% of total pop.)
Cuban
0.6%
Puerto Rican
0.2%
Mexican
0.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$171,044
±$23,512
Per Capita Income
$214,803
Median Family Income
$198,403
Poverty Rate
4.4%
Child Poverty Rate
7.6%
Working-Age Poverty Rate
—
SNAP Recipients
2.8%
Social Security Income
—
Retirement Income
24.5%
Household Income Distribution
< $10k
3.9%
$10–15k
0.1%
$15–25k
2.6%
$25–35k
4.3%
$35–50k
5.8%
$50–75k
7.9%
$75–100k
5.2%
$100–150k
16.3%
$150–200k
13.4%
$200k+
40.3%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
5,033
Owner-Occupied
86.9%
Renter-Occupied
13.1%
Vacancy Rate
4.9%
Median Home Value
$891,100
Median Gross Rent
$2,333
Owner Cost Burden (30%+)
19.1%
Renter Cost Burden (30%+)
60.8%
Home Value Distribution
< $50k
1.2%
$50–100k
1.5%
$100–200k
0.2%
$200–300k
0.7%
$300–500k
2.6%
$500k–$1M
57.8%
$1M+
34.3%
Gross Rent Distribution
< $500
7.6%
$500–1k
4.4%
$1–1.5k
2.0%
$1.5–2k
31.4%
$2–2.5k
6.9%
$2.5–3.5k
28.4%
$3.5k+
19.3%
Vehicle Availability
No vehicle
5.4%
1 vehicle
21.8%
2 vehicles
47.4%
3+
25.3%
Housing Type
Single-fam. det.
77.0%
Single-fam. att.
5.2%
2–4 units
2.3%
5–19 units
1.3%
20+ units
8.6%
Housing Age
Pre-1940
11.4%
1940–1969
7.7%
1970–1999
14.1%
2000–2009
6.0%
2010+
8.4%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
97.9%
Bachelor's or Higher
61.2%
Graduate Degree
30.2%
Some College / Associate
13.9%
Less Than High School
0.9%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
68.3%
Unemployment Rate
3.4%
Work from Home
24.8%
Self-Employed
5.3%
Government Workers
12.6%
Private For-Profit
82.1%
Industry
Edu/Health
21.6%
Prof. Services
19.4%
Finance
15.1%
Retail
12.5%
Construction
8.2%
Manufacturing
5.5%
Public Admin
5.3%
Transportation
4.7%
Wholesale
2.1%
Arts/Entmt.
1.6%
Information
1.0%
Occupation
Management
58.7%
Sales
26.2%
Food Prep
6.6%
Construction
6.1%
Production
2.3%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
32.4 min
Drove Alone
68.5%
Carpool
4.6%
Public Transit
1.4%
Work from Home
24.8%
Walked
0.4%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
4,785
Avg. Household Size
2.00
Avg. Family Size
—
Married-Couple Households
67.3%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
33.4%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
6.7%
5–9
10.2%
10–14
6.1%
15–19
5.5%
20–24
3.3%
25–34
9.3%
35–44
14.7%
45–54
12.9%
55–64
6.9%
65–74
5.6%
75–84
10.7%
85+
5.8%
Under 18: 26.9%
Working age (18–64): 73.1%
65 and over: 18.8%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
11.6%
Naturalized Citizen
72.0%
Speaks English Less Than Very Well
3.3%
Foreign-Born Origin
Asia
46.6%
Latin America
26.8%
Europe
15.6%
Veterans & Disability
Veteran
3.0%
With a Disability
7.1%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
98.6%
Uninsured
1.4%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
95.9%
Has a Computer
96.7%
Same House 1 Year Ago
91.3%
Moved from Abroad
0.0%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023