01940 can be classified socioeconomically as Middle Class class compared to other ZIP Codes in Massachusetts based on Median Household Income and Average Adjusted Gross Income. The majority race/ethnicity residing in 01940 is White. The majority race/ethnicity attending public schools in 01940 is White. The current unemployment level in 01940 is 4.6%.
| Population | 13,072 |
| Population Growth Rate | -2.99% |
| Population Density | 1,246 People per Square Mile |
| Total Households | 4,325 |
| Percentage High Income Households | 16.4% |
| Median Household Income (2021) | $144,116 |
| Average Adjusted Gross Income (2021) | $611,380 |
| Current Unemployment Rate (May 2026) | 4.6% |
| Sales Tax Rate (2025) | 6.2% |
| Majority Race/Ethnicity | White - 91.2% |
| Public School Majority Race/Ethnicity | White - 82% |
01940 Race/Ethnicity Breakdown
| Race/Ethnicity | Total | Percentage |
|---|
| White | 11,574 | 91.2% |
| Black | 276 | 2.17% |
| Hispanic | 179 | 1.41% |
| Asian | 662 | 5.22% |
| Native American | 0 | 0% |
| Hawaiian/Pac. Islander | 0 | 0% |
01940 Public School Race/Ethnicity Breakdown
| Race/Ethnicity | Total | Percentage |
|---|
| White | 1,777 | 84.78% |
| Black | 41 | 1.96% |
| Hispanic | 126 | 6.01% |
| Asian | 152 | 7.25% |
| Native American | 0 | 0% |
| Hawaiian/Pac. Islander | 0 | 0% |
01940 Educational Attainment Levels
| Highest Education Level | Total | Percentage |
|---|
| Less Than 1 Year of College | 312 | 3.79% |
| Bachelor Degree | 2,330 | 28.27% |
| High School Diploma | 1,775 | 21.54% |
| No High School Diploma | 74 | 0.9% |
| GED or Alternate | 152 | 1.84% |
| 1 or More Years of College | 1,115 | 13.53% |
| Associates Degree | 912 | 11.07% |
| Masters Degree | 1,068 | 12.96% |
| Professional Degree | 374 | 4.54% |
| Doctorate Degree | 130 | 1.58% |
