At a Glance
Median Income
$95,278
$51,534 per capita
Home Value
$566,200
Zillow: $696,552
Median Rent
$1,902/mo
36.0% of income on rent
Violent Crime
255/100K
841/100K property
Bachelor's Degree+
33.9%
90.6% high school+
Unemployment
4.8%
5.1% poverty rate
Obesity Rate
29.5%
12.6% smoking rate
How Peabody Compares to the U.S. Average
Each bar shows Peabody's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Peabody a Good Place to Live?
B
3.1 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Peabody residents earn a median household income of $95,278 , which is 27% above the national average of $75,149.
Per capita income is $51,534. The unemployment rate stands at 4.8% (33% above the U.S. rate of 3.6%). 5.1% of residents live below the poverty line. The area is home to 28,628 business establishments, including 1,878 restaurants.
Housing & Cost of Living
The median home value in Peabody is $566,200 , 101% above the national median of $281,900.
Zillow estimates the typical home at $696,552. Median rent is $1,902/month, with 36.0% of renters spending more than 30% of income on housing. The cost of living index is 105.8 (100 = national average). The median home was built in 1966.
Safety & Crime
Peabody reports 255 violent crimes per 100,000 residents
, which is 33% below the national average of 380/100K.
Property crime is 841/100K. The murder rate is 0.0/100K.
Education
33.9% of adults in Peabody hold a bachelor's degree or higher
(1% above the national average).
90.6% have completed high school. Local schools score 6.5/10 in standardized testing.
Climate & Weather
Peabody has an average annual temperature of 50°F (10°C).
Winters average 28°F in January while summers reach 72°F in July. Annual precipitation totals 44.9 inches. Air quality is rated Good with a median AQI of 37.
Data Overview
People
Population54,180
Median Age46.6 yrs
Density3,336/mi²
Male / Female48% / 52%
Foreign Born17.2%
Veterans6.2%
Economy
A+
Median Income$95,278
Per Capita$51,534
Unemployment4.8%
Poverty5.1%
County GDP$60,733M
Avg Weekly Wage$1,453
Housing
B
Home Value$566,200
Rent$1,902
Ownership65.6%
Zillow$696,552
Housing Units23,355
Rent Burden36.0%
Crime
F
Violent255/100K
Property841/100K
Murder0.0/100K
Assault220/100K
Burglary86/100K
Health
Obesity29.5%
Diabetes8.0%
Smoking12.6%
Heart Disease4.9%
Premature Death5,853/100K
Climate
Avg Temp50°F
Rain44.9 in/yr
AQI37 (Good)
Elevation220 ft
Education
B+
Bachelor's+33.9%
High School+90.6%
Graduate+11.7%
School Score6.5/10
Community
2024 VoteR 39% / D 59%
Commute27 min
Broadband91.0%
Internet Speed201 Mbps
EV Stations11
Libraries38
Did You Know?
Peabody was founded in 1626.
The median home in Peabody was built in 1966.
The nearest airport is Beverly Regional (4 miles).
The Gini coefficient (income inequality) is 0.483 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively High" by FEMA.
16.5% of the population has a disability.
17.2% of residents are foreign-born.
Average internet download speed is 201 Mbps.
There are 1,878 restaurants in the area.
The county recorded 30 fatal vehicle crashes.