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CITY · 2010 ACS

Peabody

Massachusetts · 51,251 residents · 16.237 sq mi
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The short version

Peabody is wealthier than most US places, with a median household income of $65,515. Population has held roughly steady since 2000. Median home value has risen by half since 2000, reaching $360,600. With a median age of 44.6, the population is older than the US median of 37.2. Poverty is rare here, at 6.1% of residents.

At a glance
Wealthier
above the US median
US median: $52,703
Older
median age 44.6
US median: 37.2
Average education
30% hold a bachelor's degree
US average: 28%
Less affordable
home values up 38%, inflation adjusted
US median home: $225,659
Section 01

Population & growth

Total population
51,251
+6%since 2000
from 48,129 in 2000
1990 – 2025
Population density
3,156 / sq mi
+6%since 2000
from 2,964 / sq mi in 2000
US average: 261
Median age
44.6
+11%since 2000
from 40.3 in 2000
US average: 37.2
Population, 1990 – 2024
46K49K51K53K55K1990201020202024Peabody
202455K
1990201020202024
Section 02

Income & economy

Median household income
$65,515
−6%inflation adjusted, since 2000
from $54,829 in 2000
US average: $52,703
1990 – 2024
Per capita income
$31,505
+27%since 2000
from $24,827 in 2000
US average: $27,286
Households earning $100K+
41.6%
−0.1 ptssince 2009
from 41.7% in 2009
US average: 33.3%
Poverty rate
6.1%
+0.7 ptssince 2000
from 5.3% in 2000
US average: 13.8%
Income inequality (Gini)
0.413
US average: 0.461
Workforce by industry, 2010
Information13.8%
US avg: 11.5%
Retail trade10.6%
US avg: 10.9%
Other services8.2%
US avg: 7%
Public administration6.2%
US avg: 4.9%
Wholesale trade5.8%
US avg: 7.2%
Finance & insurance5.2%
US avg: 5.1%
Professional, scientific, technical4.5%
US avg: 4.2%
Transportation & warehousing2.9%
US avg: 3.1%
Arts, entertainment, food2.6%
US avg: 2.4%
Education & health services0.8%
US avg: 0.9%
Agriculture, forestry, fishing0%
US avg: 1.9%
Construction0%
US avg: 1.4%
Manufacturing0%
US avg: 0.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$360,600
+38%inflation adjusted, since 2000
from $205,800 in 2000
US average: $225,659
1990 – 2024
Median gross rent
$1,115
+25%inflation adjusted, since 2000
from $704 in 2000
US average: $853
Owner-occupied
45.4%
−25.8 ptssince 2000
from 71.2% in 2000
34.4% rent
Vacancy rate
4.4%
Unchangedsince 2009
from 4.4% in 2009
US average: 12.1%
Owner cost-burdened
34.3%
+0.8 ptssince 2009
from 33.4% in 2009
US average: 30.9%
Renter cost-burdened
54.1%
+1.6 ptssince 2009
from 52.5% in 2009
US average: 46.8%
Afford Score
5.5
+47%since 2000
from 3.8 in 2000
1990 – 2024
RELATED:See current rent listings in Peabody on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic92.4%(44,466)
Black0.8%(396)
Hispanic / Latino3.4%(1,651)
Asian1.4%(660)
Other0%
Diversity Score13.7%(6,617)
2010
White, non-Hispanic87.7%(44,934)
Black1.9%(970)
Hispanic / Latino6.3%(3,212)
Asian1.8%(940)
Other2.1%(1,066)
Diversity Score27.8%(14,244)
Diversity Score
28
+102%since 2000
from 14 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
29.5%
+6.4 ptssince 2000
from 23.1% in 2000
US average: 27.9%
High school or higher
89.4%
+4.3 ptssince 2000
from 85.1% in 2000
US average: 84.9%
Graduate degree
10.7%
+3.4 ptssince 2000
from 7.3% in 2000
US average: 10.2%
Section 06

Commute & transportation

Average commute
25.2 min
+45%since 2000
from 17.3 min in 2000
US average: 25.2
Drive alone to work
86.3%
+1.5 ptssince 2009
from 84.9% in 2009
US average: 76.2%
Carpooled to work
6.7%
−1.0 ptssince 2009
from 7.7% in 2009
US average: 10.4%
Public transit
2.5%
+0.1 ptssince 2009
from 2.3% in 2009
US average: 4.7%
Worked from home
2.3%
+0.1 ptssince 2009
from 2.2% in 2009
US average: 4.1%
Walked to work
1.1%
−0.7 ptssince 2009
from 1.8% in 2009
US average: 2.8%
Biked to work
0.4%
Unchangedsince 2009
from 0.4% in 2009
US average: 0.5%
No vehicle available
10.8%
+0.7 ptssince 2009
from 10.1% in 2009
US average: 8.7%
Section 07

Work & employment

Self-employed
12.7%
+0.6 ptssince 2009
from 12.1% in 2009
US average: 12.9%
Management & professional
34.8%
−29.4 ptssince 2009
from 64.2% in 2009
US average: 35.2%
Section 08

People & community

Male
47.4%
+0.1 ptssince 2009
from 47.3% in 2009
Female
52.6%
−0.1 ptssince 2009
from 52.7% in 2009
Foreign born
13.2%
−0.4 ptssince 2009
from 13.6% in 2009
US average: 12.8%
Veterans
10.4%
−35.2 ptssince 2009
from 45.6% in 2009
US average: 9.9%
Drill deeper

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Compare Peabody to nearby cities

PEABODY VS
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Income$125,395+91%
Home value$644,200+79%
Population28,098−50%
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PEABODY VS
Lynnfield
Income$175,265+168%
Home value$917,600+154%
Population13,064−77%
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PEABODY VS
Lynn
Income$75,043+15%
Home value$510,100+41%
Population104,236+86%
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PEABODY VS
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Income$85,153+30%
Home value$542,800+51%
Population45,381−19%
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Frequently asked

How many people live in Peabody, Massachusetts?

Peabody, Massachusetts has about 51,251 residents according to the 2010 American Community Survey.

What is the median household income in Peabody, Massachusetts?

The typical household in Peabody, Massachusetts earns about $65,515 a year. Half of households make more than that, and half make less.

Is Peabody, Massachusetts expensive?

In Peabody, Massachusetts, the median home is worth about $360,600, and the typical rent is about $1,115 a month.

How educated are people in Peabody, Massachusetts?

About 29.5% of adults age 25 and over in Peabody, Massachusetts hold a bachelor's degree or higher.

What is the poverty rate in Peabody, Massachusetts?

About 6.1% of people in Peabody, Massachusetts live below the federal poverty line.

Has Peabody, Massachusetts grown since 1990?

Yes, Peabody, Massachusetts has grown since 1990. The population has added about 4,212 residents, a change of about 9 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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