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ZIP Code 01940

Essex, Massachusetts

FIPS 01940

Juniper

ZIP Code 01940 is in the top 11% nationally for appreciation 1yr %, but in the bottom 13% nationally for price-to-income ratio. It also sits in the 98th percentile nationally for median rent. And it sits in the 97th percentile nationally for median home value.

Median Home Value

$905,400

Higher than 97% of U.S. ZIP codes

HPI Growth 5yr %

41%

Higher than 63% of U.S. ZIP codes

FEMA Risk Score

39.3

Lower than 78% of U.S. ZIP codes

The basics

Total Population

13,285

Median Age

41.9

Home values & property tax

Ranked against U.S. ZIP codes.

Median Home Value

$905,400

Higher than 97%

Median Property Tax

$10,001

Effective Tax Rate

1%

Cost of living & affordability

Ranked against U.S. ZIP codes.

Price-to-Income Ratio

5.23

Higher than 87%

Median Rent

$2,676

Higher than 98%

Home prices & appreciation

Ranked against U.S. ZIP codes.

HPI Growth 5yr %

41%

Higher than 63%

Appreciation 1yr %

6.8%

Higher than 89%

Pandemic Gain %

31%

Recession Drop %

-15%

Climate & weather

Ranked against U.S. ZIP codes.

Summer Avg High (°F)

78.5

Winter Avg Low (°F)

18.7

Avg Temperature (°F)

48.3

Hot Days/yr (>90°F)

15.7

Freezing Days/yr (<32°F)

129.3

Annual Precipitation (in)

48.1

Annual Snowfall (in)

47.8

Flood & disaster risk

Ranked against U.S. ZIP codes.

FEMA Risk Score

39.3

Lower than 78%

EAL Flood/Coastal per $1K

0

The full report

Six pillars — each with percentile benchmarks, 16-year trends, and per-metric detail.

  • People

  • Work & Money

  • Housing

  • Amenities

  • Environment & Risk

ZIP Code 01940: frequently asked questions

What is the median home value in ZIP Code 01940?
The median home value in ZIP Code 01940 is $905,400, higher than 97% of U.S. ZIP codes.
How much is property tax in ZIP Code 01940?
The median annual property tax in ZIP Code 01940 is $10,001, an effective rate of 1% of home value.
Is ZIP Code 01940 expensive to live in?
Homes in ZIP Code 01940 cost about 5.23× the median household income, higher than 87% of U.S. ZIP codes.
What is the average rent in ZIP Code 01940?
The median gross rent in ZIP Code 01940 is $2,676 a month, higher than 98% of U.S. ZIP codes.
How much have home prices grown in ZIP Code 01940?
Home prices in ZIP Code 01940 have moved 41% over the past five years (6.8% in the past year), per the FHFA House Price Index.
What is the weather like in ZIP Code 01940?
ZIP Code 01940 averages 48.3°F year-round, summer highs near 78.5°F, winter lows around 18.7°F (NOAA 1991–2020 normals). It sees about 47.8 inches of snow a year.
Is ZIP Code 01940 at risk of flooding or natural disasters?
ZIP Code 01940's FEMA National Risk Index score is 39.3 (lower than 78% of U.S. ZIP codes). Its greatest modeled natural hazard is hurricane. Modeled coastal-flood loss is negligible.

Sources: U.S. Census ACS, FEMA National Risk Index, FHFA House Price Index, OpenStreetMap, EPA. Explore the map →