Peabody city, Massachusetts
CityPopulation: 54,180 (2023 estimate)
Located in Massachusetts , Massachusetts
Census Bureau data for Peabody city from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.
Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).
Quick Facts — Peabody city
- What is the median household income in Peabody city?
- The median household income in Peabody city is $95,278 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in Peabody city?
- The poverty rate in Peabody city is 5.1% (U.S. Census Bureau ACS 2023).
- What is the median home value in Peabody city?
- $566,200 (U.S. Census Bureau ACS 2023).
- What is the average rent in Peabody city?
- The median gross rent in Peabody city is $1,902 per month (U.S. Census Bureau ACS 2023).
- What percentage of Peabody city residents have a college degree?
- 33.9% of adults in Peabody city hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
54,180
Median Income
$95,278
Median Home Value
$566,200
Poverty Rate
5.1%
Unemployment (ACS 2023)
4.8%
Median Age
46.0 yrs
Since 2019
Median Income:
+$22,061 (+30.1%)
Home Value:
+$178,800 (+46.2%)
Poverty Rate:
-1.6 pp (-23.9%)
Bachelor's+:
-0.1 pp (-0.3%)
Unemployment:
+0.8 pp (+20%)
Demographics
Total Population
54,180
Median Age
46.0
Female
52.4%
Race & Ethnicity
Hispanic or Latino 12.4%
White (non-Hisp.) 76.7%
Black 3.6%
Asian 2.0%
Two or More 9.7%
Other 4.3%
Asian Subgroups (% of total pop.)
Chinese
0.7%
Korean
0.1%
Vietnamese
0.1%
Hispanic Subgroups (% of total pop.)
Puerto Rican
2.1%
Cuban
0.6%
Mexican
0.3%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$95,278
±$4,344
-$6,063 vs. state
Per Capita Income
$130,110
Median Family Income
$123,351
Poverty Rate
5.1%
-1.5 pp vs. state
Child Poverty Rate
5.0%
Working-Age Poverty Rate
—
SNAP Recipients
10.4%
Social Security Income
—
Retirement Income
29.7%
Household Income Distribution
< $10k
3.6%
$10–15k
3.4%
$15–25k
5.5%
$25–35k
7.1%
$35–50k
6.9%
$50–75k
12.8%
$75–100k
13.2%
$100–150k
18.2%
$150–200k
12.9%
$200k+
16.4%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
23,254
Owner-Occupied
65.6%
Renter-Occupied
34.4%
Vacancy Rate
3.4%
Median Home Value
$566,200
+$40,400 vs. state
Median Gross Rent
$1,902
Owner Cost Burden (30%+)
22.3%
Renter Cost Burden (30%+)
51.3%
Home Value Distribution
< $50k
1.4%
$50–100k
2.0%
$100–200k
0.6%
$200–300k
3.8%
$300–500k
27.8%
$500k–$1M
61.3%
$1M+
1.3%
Gross Rent Distribution
< $500
7.7%
$500–1k
5.5%
$1–1.5k
19.9%
$1.5–2k
21.0%
$2–2.5k
18.3%
$2.5–3.5k
10.3%
$3.5k+
17.4%
Vehicle Availability
No vehicle
9.5%
1 vehicle
34.7%
2 vehicles
36.9%
3+
18.8%
Housing Type
Single-fam. det.
49.9%
Single-fam. att.
4.7%
2–4 units
8.0%
5–19 units
3.6%
20+ units
18.0%
Mobile home
2.3%
Housing Age
Pre-1940
21.8%
1940–1969
3.8%
1970–1999
6.2%
2000–2009
12.1%
2010+
2.9%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
90.6%
Bachelor's or Higher
33.9%
-12.7 pp vs. state
Graduate Degree
11.5%
Some College / Associate
16.1%
Less Than High School
5.8%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
64.1%
Unemployment Rate
4.8%
-0.3 pp vs. state
Work from Home
8.8%
Self-Employed
4.1%
Government Workers
15.9%
Private For-Profit
79.3%
Industry
Edu/Health
26.4%
Retail
11.1%
Prof. Services
10.7%
Manufacturing
9.1%
Arts/Entmt.
8.0%
Finance
7.7%
Public Admin
7.2%
Construction
5.6%
Transportation
4.8%
Wholesale
2.9%
Information
1.6%
Agriculture
0.1%
Occupation
Management
41.7%
Sales
23.6%
Food Prep
17.8%
Production
10.4%
Construction
6.4%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
27.2 min
Drove Alone
79.6%
Carpool
6.6%
Public Transit
2.5%
Work from Home
8.8%
Walked
0.9%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
22,469
Avg. Household Size
2.00
Avg. Family Size
—
Married-Couple Households
45.4%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
17.1%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
5.7%
5–9
4.8%
10–14
4.2%
15–19
5.0%
20–24
5.3%
25–34
12.6%
35–44
11.4%
45–54
12.1%
55–64
7.9%
65–74
6.8%
75–84
12.0%
85+
6.8%
Under 18: 17.5%
Working age (18–64): 82.5%
65 and over: 24.3%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
17.2%
Naturalized Citizen
63.8%
Speaks English Less Than Very Well
10.0%
Foreign-Born Origin
Latin America
52.8%
Europe
33.3%
Asia
9.7%
Africa
2.5%
Veterans & Disability
Veteran
6.2%
With a Disability
16.5%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
97.1%
Uninsured
2.9%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
91.0%
Has a Computer
93.1%
Same House 1 Year Ago
89.7%
Moved from Abroad
0.5%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023