Peabody, MA
Maps & Population Facts

Population
52,610
Population Density
3,243
Labor Participaton
66.0%
Bachelor's or Higher
30.8%
Median Household Income
$65,085
Median Individual Income
$39,100
Median Individual Income(Full-time Workers Only)
$52,077

Housing Estimates

Median House Value
$356,200
Median Gross Rent
$1,266
Median Mortgage Payment
$1,999
Housing Units
22,530
People who reside in Peabody live in:
Detached - Single Family Homes
50%
Apt, Condo, Other
50%
Analysis

Income

Households in Peabody earn more money than the national median income, averaging 8% higher per household.

Housing

Peabody has a median house price of $356,200. The cost of homeownership is higher than most areas. The cost of renting in Peabody is 25% more than the national average.

Percent
Renter Occupied Households 38%
New Construction (Built after 2000) 12%

Demographics

The median age in Peabody is 44. Peabody has a population that is significantly older than in comparison to the US median age.

Peabody ranks average for having an educated population. The percent of residents who have a college degree is comparable with other areas.

Housing Data

Housing Comparison
Peabody Massachusetts USA
Median Property Value 356,200 385,400 217,600
Median Mortgage Payment 1,999 2,108 1,513
Median Gross Rent 1,266 1,208 1,012
Property Vacancy 4.7% 10.0% 12.6%
% Renters 35% 38% 36%
Residents per Sq. Mi. 3,243 885 93
Personal Comparison
Peabody Massachusetts USA
Median Household Income 65,085 77,385 60,336
Median Individual Income 39,100 41,700 33,646
Median Income (Full-Time) 52,077 60,923 46,881
Median Age 44.3 39.5 38.1
Labor Participation 66.0% 67.8% 62.8%
Attained College Degree 30.8% 43.4% 32.0%

Population Density Analysis

Peabody, MA
3,243
Residents per Sq. Mile
The population density of Peabody is comparable to that of a Small City.
Major City
10,000 Residents +
Mid-Sized City
5,000 Residents +
Small City
2,500 Residents +
Suburban
500 Residents +
Rural
100 Residents +
Remote
1 Residents +

Demographics