Danvers Hourly Wage & Salary 2026
Danvers, MA: $31.33/hr median hourly wage, $65,175 median annual salary, cost of living index 125.4, and $15.00/hr minimum wage. Calculate take-home pay with federal and Massachusetts taxes.
Danvers Hourly Wage Quick Answer
The median hourly wage in Danvers, MA is $31.33/hr, equivalent to $65,175 per year at 2,080 work hours. Entry-level pay estimates around $19.42/hr, senior-level pay estimates around $44.49/hr, and the local minimum wage is $15.00/hr.
Median Salary
$65,175
$31.33/hr
Cost of Living
125.4
US avg = 100
Minimum Wage
$15.00
per hour
Unemployment
3.1%
rate
Danvers, MA Overview
Population
28,071
Median Salary
$65,175
Average Salary
$72,996
Avg Commute
17 min
Median Home Price
$556,000
Median Rent
$2,238/mo
Job Growth
+0.8%
Sales Tax
6.25%
Danvers is located in Massachusetts with a population of 28,071. The median household salary is $65,175 per year ($31.33/hour), which is $5,791 above the national median of $59,384. The average commute time is 17 minutes, and the city has a job growth rate of +0.8%.
Danvers Salary by Experience Level (2026)
Wage distribution in Danvers, MA based on BLS percentile breakdown of the $65,175 median salary. Entry-level represents 10th–25th percentile; mid-level is the median; senior-level represents 75th–90th percentile.
| Experience Level | Annual Salary | Hourly Wage | Years Exp |
|---|---|---|---|
| Entry-Level | $40,409 | $19.42/hr | 0–2 years |
| Mid-Level (Median) | $65,175 | $31.33/hr | 3–7 years |
| Senior-Level | $92,549 | $44.49/hr | 8–15 years |
| Top 10% (90th Percentile) | $116,012 | $55.77/hr | 15+ years / leadership |
Percentile multipliers (62%, 100%, 142%, 178%) derived from 2024 BLS Occupational Employment and Wage Statistics distribution across all occupations in metro areas. Specific roles vary; see jobs by city for role-specific data.
Danvers Paycheck Calculator
Enter your annual salary to see your estimated take-home pay in Danvers, MA, after federal, state, and local taxes.
Estimated Annual Take-Home Pay
$51,289
$4,274.11/month · $1,972.67/biweekly · Effective Rate: 21.3%
Gross Pay
$65,175
Federal Tax
-$5,641
State Tax
-$3,259
Local Tax
$0
FICA
-$4,986
Net Pay
$51,289
Pay Breakdown
| Item | Monthly | Annual |
|---|---|---|
| Gross Salary | $5,431.25 | $65,175.00 |
| Federal Income Tax | -$470.08 | -$5,641.00 |
| Massachusetts State Tax (5%) | -$271.56 | -$3,258.75 |
| Social Security (6.2%) | -$336.74 | -$4,040.85 |
| Medicare (1.45%) | -$78.75 | -$945.04 |
| Net Take-Home Pay | $4,274.11 | $51,289.36 |
Salary Comparison: Danvers vs Other Cities
See how Danvers's median salary and cost of living compare to the national average and similar cities.
| City | Median Salary | COL Index | Adj. Salary |
|---|---|---|---|
| Danvers, MA | $65,175 | 125.4 | $51,974 |
| National Average | $59,384 | 100 | $59,384 |
| Franklin Township, NJ | $65,180 | 130.6 | $49,908 |
| Riverhead, NY | $65,192 | 122.4 | $53,261 |
| Windsor, CO | $65,194 | 105.3 | $61,913 |
| Fairbanks, AK | $65,200 | 120 | $54,333 |
Adjusted salary reflects purchasing power when cost of living is factored in. A higher adjusted salary means your money goes further.
Cost of Living in Danvers
Danvers's cost of living index is 125.4 (national average = 100). Living in Danvers is 25.400000000000006% more expensive than the national average.
Median Home Price
$556,000
Median Monthly Rent
$2,238
Annual Rent Cost
$26,856
Your Salary's Purchasing Power
Your $51,289 annual take-home pay in Danvers has the purchasing power of approximately $40,901 in an average-cost US area. You would need to earn $81,729 in Danvers to match a $65,175 salary in an average-cost city.
Top Industries in Danvers
Danvers's economy is driven by these key industries. Workers in top industries often earn significantly above the median salary of $65,175.
Salary Tips for Danvers Workers
- Negotiate for cost of living. Danvers has a cost of living 25.400000000000006% above the national average. When negotiating salary, factor in the higher housing and living costs to ensure your real purchasing power stays competitive.
- Research top industries. Danvers's top industries include Biotech, Education, Finance. Targeting roles in these sectors can help you earn above the $65,175 median salary.
- Review your W-4 withholding. If you regularly receive large tax refunds, adjust your W-4 to increase your per-paycheck take-home pay instead of giving the government an interest-free loan.
Methodology & Local Economy Data Sources
How we calculate Danvers salary data: Our citywide compensation figures aggregate occupation-specific salary data from BLS Occupational Employment and Wage Statistics for the Danvers-MA metropolitan statistical area (MSA), weighted by local employment counts. Cost-of-living adjustments use the C2ER Cost of Living Index baseline of 100 (national average), with Danvers indexed at 125.4.
- Median salary calculation: weighted average of Danvers's occupation-specific medians from BLS OEWS, adjusted for local cost of living. Net result: $65,175 annual median.
- Tax burden reflects Massachusetts state income tax (5%) (no local income tax), sales tax (6.25%), and federal taxes per IRS 2026 brackets.
- Unemployment rate for Danvers: 3.1%, sourced from BLS Local Area Unemployment Statistics (LAUS).
- Top industries: Biotech, Education, Finance — based on QCEW employment concentration data.
- Job growth: 0.8% projected through 2034, derived from BLS Employment Projections program for Massachusetts.
- Housing context: median home price $556,000, median rent $2,238/mo, sourced from Census American Community Survey 5-year estimates.
Authoritative US data sources for Danvers, MA:
- BLS Occupational Employment and Wage Statistics (OEWS) — metropolitan area salary data
- BLS Local Area Unemployment Statistics — Danvers unemployment rate
- U.S. Census Bureau — Danvers QuickFacts — population, housing, demographics
- BLS Quarterly Census of Employment and Wages (QCEW) — county-level industry employment
- BLS Economy at a Glance — Massachusetts — state economic indicators
- U.S. Bureau of Economic Analysis (BEA) — local GDP and personal income data
- BLS Consumer Price Index (CPI-U) — regional inflation tracking
Disclaimer: Salary and cost data are estimates for general guidance. Individual compensation varies by employer, experience, education, negotiation, and skills. Danvers's rapidly changing economy can shift these baselines — always verify with current job listings, employer offers, and recent Massachusetts labor market reports for the most current figures.
Reviewed by Brazora Monk· Last updated 2026 · BLS & Census data current as of latest releases
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Frequently Asked Questions
What is the hourly wage in Danvers, MA?
The median hourly wage in Danvers, MA is $31.33 per hour. At a standard 2,080-hour work year, that equals about $65,175 per year. Entry-level workers are estimated around $19.42/hr, while senior-level workers are estimated around $44.49/hr before overtime, bonuses, or benefits.
What is the median salary in Danvers, MA?
The median salary in Danvers, MA is $65,175 per year, or $31.33 per hour. The average salary is $72,996. This is $5,791 above the national median of $59,384.
What is the cost of living in Danvers, MA?
Danvers's cost of living index is 125.4 (national average = 100), meaning it is 25.400000000000006% more expensive compared to the national average. The median home price is $556,000 and the median monthly rent is $2,238.
What are the best industries in Danvers?
The top industries in Danvers, MA include Biotech, Education, Finance. The city has a job growth rate of 0.8% and an unemployment rate of 3.1%. Workers in these industries often earn above the city's median salary of $65,175.
How does Danvers's salary compare to other cities?
Danvers's median salary of $65,175 is 9.8% above the national median of $59,384. However, when adjusted for cost of living (index: 125.4), the real purchasing power is approximately $51,974.
What is the minimum wage in Danvers, MA?
The minimum wage in Danvers, MA is $15.00 per hour. This equals approximately $31,200 per year for a full-time worker (40 hours/week). This is $7.75 above the federal minimum wage of $7.25/hour.