With 11,391 people, Peabody is a neighborhood in Cambridge. This is an unusually credentialed place: 85% of adults have a four-year degree. The typical home is worth $1,214,089. Owners hold 40% of the housing stock. This skews young, with a median age of 33.0. Density works out to 19,845 people per square mile. These figures are approximated by combining the 3 census tracts that make up Peabody; the Census Bureau does not tabulate data for neighborhoods directly.
At a glance
Wealthier
above the US median
US median: $82,259
Younger
median age 33.0
US median: 38.9
More educated
85% hold a bachelor's degree
US average: 36%
Renter-heavy
40% owner-occupied
US average: 65%
Section 01
Population & growth
Total population
11,391
Population density
19,845 / sq mi
US average: 281
Median age
33.0
US average: 38.9
Land area
0.57 sq mi
Section 02
Income & economy
Median household income
$114,205
US average: $82,259
Per capita income
$82,861
US average: $44,673
Households earning $100K+
64.2%
US average: 53.3%
Poverty rate
16.7%
US average: 12.5%
Income inequality (Gini)
0.543
US average: 0.476
Workforce by industry, 2024
Retail trade8%
US avg: 9.9%
Information4.5%
US avg: 10.8%
Other services4.1%
US avg: 6.7%
Public administration3.5%
US avg: 4.8%
Wholesale trade2.5%
US avg: 6.9%
Finance & insurance2.1%
US avg: 5.9%
Arts, entertainment, food2%
US avg: 1.9%
Professional, scientific, technical1.8%
US avg: 5.1%
Transportation & warehousing0.5%
US avg: 2.2%
Agriculture, forestry, fishing0.3%
US avg: 1.6%
Education & health services0.3%
US avg: 0.9%
Construction0.2%
US avg: 1.2%
Manufacturing0.1%
US avg: 0.4%
BAR + DOT: THIS PLACE · TICK: US AVERAGE
Section 03
Housing
Median home value
$1,214,089
US average: $376,019
Median gross rent
$2,505
US average: $1,442
Owner-occupied
40.2%
59.8% rent
Vacancy rate
6.8%
US average: 10.0%
Persons per household
2.05 people
US average: 2.54
Owner cost-burdened
22.5%
US average: 22.9%
Renter cost-burdened
57.4%
US average: 47.4%
Afford Score
10.6
Years of local income it takes to buy a local home, on a scale of about 0 to 15. Lower is more affordable.
Section 04
Race & ethnicity
2024
White, non-Hispanic58.1%(6,620)
Black8.9%(1,010)
Hispanic / Latino13.9%(1,588)
Asian12.5%(1,428)
Other6.5%(745)
2024
White, non-Hispanic58.1%(6,620)
Black8.9%(1,010)
Hispanic / Latino13.9%(1,588)
Asian12.5%(1,428)
Other6.5%(745)
Diversity Score
77
Our index, 0 to 100. Higher means a more even mix of racial and ethnic groups.
