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Danvers, MA

Danvers is a town in Massachusetts with slightly less than 28,000 residents. It's a comfortable place to settle down, as retirees account for a greater percentage of the population (21%) here than they do nationally (14%), while young adults are less well-represented. With an average age of just over 43, the city's population skews older than most cities in Massachusetts. Renters tend to be in the minority in the city, and 70% of residents own their homes. At $1,297/month, the average rent is slightly above the state average.

Many Danvers residents work in one of three industries: healthcare, retail, and education. Together, these industries make up 22% of the workforce in the city. Meanwhile, in terms of job function, 8% of the city's population works in management, making it the top career path in the city. With an average annual income of about $94,000, Danvers workers bring in more than the average Massachusetts resident. Danvers's average income also compares favorably to the national average ($73,345). Danvers has a large percentage of residents over the age of 25 who have advanced degrees compared to the national average (7%), as 10% possess a Master's or a Doctoral degree. Furthermore, 18% have a Bachelor's degree, which also outpaces the national average.

Danvers residents have an average commute of about 31 minutes. Many residents (46%) commute to work by car, while public transportation is not widely used. Few commuters walk to work.

Average Rent in Danvers

Studio1 Bed2 Bed3 Bed
Jan 20$2,500$2,982$3,755
Dec 192,5252,9723,862
Nov 192,5172,9823,765
Oct 192,5823,0653,302
Sep 192,6073,2023,572
Aug 192,7723,2103,595
Jul 192,8223,3273,640
Jun 192,7423,4453,270
May 192,5953,3373,517
Apr 192,4502,9023,367
Mar 192,3122,6453,377
Feb 192,3022,6553,315
*The rent information included in this summary is based on a median calculation of multifamily rental property inventory on Apartment Guide and Rent.com over the past 12-months and is for illustrative purposes only. This information does not constitute a pricing guarantee or financial advice related to the rental market.
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Information is copyrighted and school data provided by GreatSchools.org. Information is deemed reliable but not guaranteed. Schools listed above are based on distance from the selected location and are just a sampling of the schools in the area. To find a particular school district, and how it relates to a specific apartment, please contact the apartment manager.

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