Living in Ipswich, Massachusetts
Cost of living, income, home prices, rent and demographics of Ipswich · Census data 2020–2024
Ipswich has 13,930 residents with a median age of 47.2. The median household income is $138,750 (33% higher than the Massachusetts median), the median home value is $745,400, the median rent is $1,598/month.
Ipswich at a glance
- Population
- 13,930
- Median age
- 47.2State: 40
- Median household income
- $138,750State: $103,960
- Median home value
- $745,400State: $562,100
- Median rent
- $1,598/moState: $1,762
- Homeowners
- 74.4%
- Bachelor's degree or higher
- 60.2%
- Average commute
- 29 min
Is Ipswich a good place to live?
Pros: Median household income 33% higher than the Massachusetts median; unemployment of 2%; a poverty rate of 5.7%.
Cons: Home values 33% higher than the state median; an average commute of 29 minutes.
The weather is best in June to September.
Cost of living in Ipswich
Housing is the biggest part of the cost of living. In Ipswich the median home value is $745,400, 124% higher than the U.S. median. Renters pay a median of $1,598 per month, which is 30.8% of household income. Homeowners with a mortgage pay $3,027 a month in housing costs.
Ipswich median household income
The median household income in Ipswich is $138,750 and the income per person is $71,987. 5.7% of residents live below the poverty line (Massachusetts: 10%).
Housing in Ipswich: homes for sale and rent
- Housing units
- 6,224
- Owner-occupied
- 74.4%
- Renter-occupied
- 25.6%
- Vacant
- 8.3%Includes seasonal homes
- Median year built
- 1964
- Average household size
- 2.42
Ipswich demographics
- Population
- 13,930
- Median age
- 47.2
- Under 18
- 18.9%
- 65 and older
- 21.9%
- Households
- 5,709
- Foreign-born
- 3.4%
- Veterans
- 5.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Ipswich ›
Education in Ipswich
60.2% of adults 25 and older in Ipswich have a bachelor's degree or higher (Massachusetts: 47.3%), and 25.9% have a graduate or professional degree.
Jobs and commute in Ipswich
- Unemployment rate
- 2%State: 5.2%
- Average commute
- 29 minState: 29 min
- Work from home
- 18.9%
- Drive alone
- 73.6%
- Public transit
- 2.7%
- Walk to work
- 2.8%
- Homes with broadband
- 96.6%
Ipswich vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Ipswich | 13,930 | $138,750 | $745,400 | $1,598 |
| Rowley | 6,251 | $132,734 | $667,300 | $1,603 |
| Hamilton | 7,600 | $129,833 | $720,000 | $1,794 |
| Essex | 3,701 | $157,147 | $897,400 | $1,964 |
| Newbury | 6,777 | $174,868 | $840,600 | $1,806 |
| Topsfield | 6,564 | $195,718 | $853,400 | $1,115 |
| Wenham | 4,929 | $194,781 | $885,400 | — |
| Georgetown | 8,474 | $151,595 | $651,200 | $2,223 |
| Newburyport | 18,652 | $139,625 | $834,000 | $1,592 |
More for people moving to Ipswich
Ipswich ZIP code ›Weather and climate ›Living in Ipswich: FAQ
What is the median household income in Ipswich, MA?
The median household income in Ipswich is $138,750, 33% higher than the Massachusetts median of $103,960 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Ipswich?
The median home value in Ipswich is $745,400, compared with $562,100 in Massachusetts.
How much is rent in Ipswich?
The median gross rent in Ipswich is $1,598 per month, about 30.8% of household income.
Is Ipswich, MA a good place to live?
Pluses: median household income 33% higher than the Massachusetts median; unemployment of 2%; a poverty rate of 5.7%. Minuses: home values 33% higher than the state median; an average commute of 29 minutes.
What is the median age in Ipswich?
The median age in Ipswich is 47.2 years (Massachusetts: 40).
How long is the commute in Ipswich?
The average commute to work in Ipswich is 29 minutes; 18.9% of workers work from home.
What is the unemployment rate in Ipswich?
The unemployment rate in Ipswich is 2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Ipswich?
60.2% of adults in Ipswich have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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