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ZipNumbers

Massachusetts · Census place 05595

Beverly city, MA

Quick answer

Beverly city has 42,408 residents, ranking #33 of 248 places in Massachusetts. Median household income is $103,739, the median home is worth $621,900 and median gross rent runs $1,683 a month.

Population
42,408Beverly city residents
Median household income
$103,739Past 12 months, inflation adjusted
Median home value
$621,900Owner-occupied units
Median gross rent
$1,683Rent plus utilities, monthly
Median age
39.5 yrsAll residents
Homeownership rate
60.1%Owner-occupied households

What the numbers mean in Beverly city

Housing cost measured against local earnings.

A household earning the Beverly city median would spend about 19.5% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 6.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 9.9% of residents and 60.1% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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