Danvers is a city in Massachusetts state in USA with a population of 27549 residents.. The poverty rate of Danvers is 6.1%, which is 56% lower than national average. The typical household in Danvers earns $99269 a year, compared to the national median of $67,500. Nearly 26.9% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Danvers, only 94% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Danvers remained 4.4%, which is 6% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Danvers, only 45% of adults have a bachelor's degree and 25% have some college but no degree.

Cost of living in Danvers is 140, which is 40% higher than national average. Median home value in Danvers is $451100 , which is 96% higher than national average. While median income in Danvers remained $99269, which is 47% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.