Massachusetts · Census place 52490
Peabody city, MA
Quick answer
Peabody city has 54,180 residents, ranking #24 of 248 places in Massachusetts. Median household income is $95,278, the median home is worth $566,200 and median gross rent runs $1,902 a month.
- Population
- 54,180Peabody city residents
- Median household income
- $95,278Past 12 months, inflation adjusted
- Median home value
- $566,200Owner-occupied units
- Median gross rent
- $1,902Rent plus utilities, monthly
- Median age
- 46.6 yrsAll residents
- Homeownership rate
- 65.6%Owner-occupied households
What the numbers mean in Peabody city
Housing cost measured against local earnings.
A household earning the Peabody city median would spend about 24% 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 5.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 6.5% of residents and 65.6% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Massachusetts.
- Medford city 59,062
- Weymouth Town city 57,786
- Chicopee city 55,213
- Methuen Town city 53,043
- Everett city 49,236
- Barnstable Town city 49,232
- Attleboro city 46,499
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