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Lynnfield CDP, MA
ZIP 01940 — Economy & Jobs
Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.
Wealthy AreaLow Snow AreaRemote Work Hub
Income, employment, industries, and economic trends
Income & Economy in Lynnfield CDP, MA (01940)
Median Income
$171,044
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+622
Wealth inflow
Population
13,183
Unemployment
3.4%
0.3pp below US avg
IRS migration statistics show a net inflow of about 622 for ZIP 01940 (Lynnfield CDP, MA) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 01940 (2020–Present)
Since 2020, population declined 1.8%, median income rose 6.8% (inflation-adjusted), home values increased 8.3%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $171,044 |
| Unemployment | 3.4% |
| Establishments | 461 |
| Employees | 6,066 |