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ZipNumbers

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

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