Ipswich, MA
Population 4,806 · Massachusetts
About Ipswich, MA
Ipswich is a small town located in Massachusetts with a population of 4,806 residents according to the latest US Census Bureau American Community Survey data. The median household income is $92,969 per year, which is 24% above the national median of $75,149. The median age of 42.3 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Ipswich features a median home value of $570,500, which is 133% above the national median of $244,900. This places Ipswich in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,456, 25% above the national average of $1,163/month. Of the 2,188 total housing units, 58% are owner-occupied (1,252 units) and 42% are renter-occupied (900 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Ipswich shows an unemployment rate of 3.4%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 5.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Ipswich have an average one-way commute time of 27.8 minutes.
Education & Demographics
54.5% of Ipswich residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 3.2% White, 1.2% Hispanic or Latino, 0.2% Black or African American, and 1.0% Asian residents, with 10.8% of the population being foreign-born.
Cost of Living in Ipswich, MA
Compared to national averages, Ipswich has a median household income of $92,969 (24% above the national median of $75,149). Home values average $570,500, which is 133% above the national median. Monthly rent at $1,456 is 25% above the US average of $1,163. Within Massachusetts, Ipswich's income is 12% below the state average of $105,630, and home values are 2% above the state median of $561,296.
Why Live in Ipswich, MA?
Ipswich offers a strong local economy with a median household income of $92,969, well above the national average, and a strong job market with an unemployment rate of just 3.4%, and a well-educated community where 54.5% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 5.3%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $570,500. However, Ipswich’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Ipswich has a population of 4,806 with a median age of 42.3 years. Compare Ipswich with other cities to see how it stacks up, or explore all cities in Massachusetts.
Similar Cities Near Ipswich
Cities in Massachusetts with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Rockport | 4,795 | $86,250 | $694,300 | Compare |
| Raynham Center | 4,871 | $120,913 | $510,800 | Compare |
| Marshfield | 4,698 | $99,537 | $646,400 | Compare |
| Ocean Bluff-Brant Rock | 4,695 | $118,625 | $483,600 | Compare |
| Bellingham | 4,939 | $88,731 | $385,300 | Compare |
| The Pinehills | 4,988 | $121,792 | $669,100 | Compare |
| North Westport | 4,995 | $85,120 | $389,300 | Compare |
| Millis-Clicquot | 4,479 | $116,324 | $487,700 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Massachusetts
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Ipswich With Other Cities
Frequently Asked Questions about Ipswich
What is the population of Ipswich, MA?
The population of Ipswich, MA is 4,806 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Massachusetts.
What is the median household income in Ipswich?
The median household income in Ipswich, MA is $92,969 per year, which is 24% above the national median of $75,149.
What is the median home value in Ipswich?
The median home value in Ipswich, MA is $570,500, which is 133% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Ipswich?
The median monthly rent in Ipswich, MA is $1,456, which is 25% above the national average of $1,163/month.
What is the unemployment rate in Ipswich?
The unemployment rate in Ipswich, MA is 3.4%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Ipswich, MA a good place to live?
Ipswich offers above-average incomes, a competitive housing market, and a strong job market. With a population of 4,806 and a median age of 42.3, the city appeals to a broad range of residents.
How educated is Ipswich, MA?
54.5% of residents in Ipswich aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Ipswich?
Key cost-of-living indicators for Ipswich, MA: median home value is $570,500 (133% above national), median rent is $1,456/month, and median household income is $92,969. The home-value-to-income ratio is 6.1x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Ipswich?
The poverty rate in Ipswich, MA is 5.3%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Ipswich, MA?
Ipswich's population is 3.2% White, 1.2% Hispanic or Latino, 0.2% Black or African American, 1.0% Asian, and 2.1% two or more races. 10.8% of residents are foreign-born.