Massachusetts · Census place 52490
Peabody, MA population, income and ZIP codes
Quick answer
The population of the city of Peabody, Massachusetts (Peabody, MA — Census place “Peabody city”) is 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. Looking for the Peabody Massachusetts ZIP code list? 1 ZIP codes serve Peabody, MA: 01960.
- 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
Peabody ZIP codes (Massachusetts)
Census ZCTAs whose delivery area overlaps Peabody.
The Peabody MA ZIP code list below covers 1 ZIP code. Open any one for its population, income, housing and rent profile.
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
Peabody city, MA in context
How this area compares with national benchmarks.
Peabody city is a small city in Massachusetts, with 54,180 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #24 of 248 ranked by population — larger than 90% of them. The median age here is 46.6 years against 39.1 nationally, a markedly older profile that usually tracks retirees staying put and younger households leaving for work. Places under 65,000 residents only appear in the five-year release, never the one-year file, so these values pool sixty months of responses and lag the current year by design.
Households in Peabody city earn a median of $95,278 a year, 21.3% above the national figure of $78,538 and 4% below the $99,537 median for the 222 Massachusetts cities we cover. Household income here is measured before tax and pooled across everyone at the address, which is why it reads higher than typical individual earnings in the same area. Poverty reaches 6.5% of residents here, below the 12.4% national rate.
The typical owner-occupied home in Peabody city is valued at $566,200, 86.6% above the national figure and 14% above the $497,400 peer median, while median gross rent runs $1,902 a month, 35.3% above the national figure, or roughly $22,824 across a full year. A household on the local median income would put about 24% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is within the standard affordability guideline. The home-price-to-income ratio works out to 5.9×, against roughly 3.9× nationally, so buying is harder here than in the average US market. 65.6% of occupied homes are owner-occupied versus 65% nationally, so the market leans toward owners. Rent is reported gross — contract rent plus tenant-paid utilities — which is why it runs above the advertised price on a listing for the same unit.
No figure on this page is estimated by us; each one comes straight from the published ACS tables for this area. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.
Compare with nearby places
Places of similar size in Massachusetts.
- Methuen Town city 53,043
- Chicopee city 55,213
- Everett city 49,236
- Weymouth Town city 57,786
- Barnstable Town city 49,232
- Medford city 59,062
- Attleboro city 46,499
- Taunton city 59,719
Keep going
More Massachusetts coverage.
Frequently asked questions
Common questions about this area.
- What is the population of Peabody city?
- Peabody city has 54,180 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #24 of 248 in Massachusetts.
- What is the median household income in Peabody city?
- Median household income in Peabody city is $95,278 a year, 21.3% above the national figure of $78,538.
- How much does it cost to rent or buy in Peabody city?
- Median gross rent is $1,902 a month and the median home value is $566,200, so rent absorbs about 24% of median household income.
- Is Peabody city affordable compared with the rest of the US?
- Homes cost about 5.9× the local median income here versus roughly 3.9× nationally, so Peabody city is less affordable to buy in than the typical US market, and rent takes 24% of median income against the 30% cost-burden line.
- How current is this Peabody city data?
- All figures come from the US Census Bureau American Community Survey 2019-2023 ACS 5-year five-year estimates. Places under 65,000 residents only appear in the five-year release, never the one-year file, so these values pool sixty months of responses and lag the current year by design.