Is Peterborough a Good Place to Live?
Based on current data, Peterborough receives an overall livability score of 2.2 out of 5.0, earning a grade of C. Key strengths include low crime rates. Areas to be aware of include high housing costs, above-average unemployment. Peterborough has some notable strengths but also faces challenges that prospective residents should consider.
Economy & Jobs
The median household income in Peterborough is $71,500, roughly in line with the national average of $75,149. At 14.7%, unemployment is notably high. 12.8% of residents live in poverty, near the national average of 12.4%. Workers commute an average of 22 minutes.
Cost of Living & Housing
The median home value in Peterborough is $500,000, making it a premium housing market at 77% above the U.S. median of $281,900. Renters pay a median of $1,110 per month. The price-to-income ratio of 7x means housing costs are stretched relative to local earnings.
Safety & Crime
Peterborough is a very safe community with a violent crime rate of 76 per 100,000 residents — well below the national average of 380. Property crime occurs at a rate of 56 per 100,000, 97% below the national average.
Education
15.8% of residents hold a bachelor's degree, below the national average of 33.7%. 30.8% have completed high school.
Climate & Weather
Peterborough experiences four distinct seasons with an average temperature of 47°F. Winters average 20°F in January while summers reach 70°F in July. Annual precipitation totals 36.4 inches, including 59.9 inches of snow.