Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 46.4 yrs |
|---|---|
| Avg HH Size | 2.39 |
| Below Poverty | 6.5% ▼ 36% below avg |
| College Grads | 47.1% ▲ 22% above avg |
| Unemployment | 4.9% ≈ Avg |
| No HS Diploma | 918 (2.4%) |
| HS Graduate | 11,575 (30.6%) |
| Some College | 3,311 (8.8%) |
| Associates | 4,190 (11.1%) |
| Bachelors | 4,455 (11.8%) |
| Graduate Degree | 13,378 (35.4%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $95,173 ▲ 25% above avg |
|---|---|
| Median Home Value | $566,700 ▲ 103% above avg |
| Home/Income Ratio | 6.0x (nat avg ~3.5x) |
| Median Rent | $1,902/mo |
| Total Housing Units | 23,009 |
| Vacant Units | 704 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Peabody is a city in Massachusetts, located in Essex County. The city spans 2 ZIP codes and is home to approximately 53,961 residents. It is a mature city, with a median age of 46.4 years.
Economically, Peabody is a middle-income community. The median household income of $95,173 is above the national average. Approximately 6.5% of residents live below the poverty line. The unemployment rate is 4.9%, near the national average.
The real estate market in Peabody is a premium housing market. Median home values stand at $566,700, which is more than double the national average. Renters typically pay around $1,902 per month. Homeownership is high at 65.4%, typical of suburban and family-oriented communities.
The population of Peabody is well-educated. 47.1% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (76.6%).
Peabody, MA offers residents above-average earning potential within Massachusetts. Spread across 2 ZIP codes, the city's neighborhoods vary in character, density, and demographics — explore each ZIP code below for a detailed breakdown.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 01960 | 53,961 | $95,173 | $566,700 | $1,902 | 4.9% | 47.1% | 65.4% |