Population 54,702 · Census ACS 2020–24
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Population and households in Peabody
Household size in Peabody
| Period | Peabody | Boston area | Massachusetts | U.S. |
|---|---|---|---|---|
| 2006–10 | 2.51 | 2.54 | 2.53 | 2.68 |
| 2010–14 | 2.41 | 2.59 | 2.57 | 2.73 |
| 2015–19 | 2.45 | 2.60 | 2.57 | 2.71 |
| 2020–24 | 2.50 | 2.55 | 2.52 | 2.65 |
| Change | −0.01 | +0.01 | −0.01 | −0.03 |
The average household in Peabody has 2.50 people, a bit under the U.S. average of 2.65. That is in line with the rest of the Boston area. Households are largest in the south and smallest in the north.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in Peabody
| Period | Peabody | Boston area | Massachusetts | U.S. |
|---|---|---|---|---|
| 2006–10 | 44.5 | 38.9 | 39.4 | 37.7 |
| 2010–14 | 46.9 | 39.7 | 40.1 | 38.6 |
| 2015–19 | 46.2 | 40.4 | 41.0 | 39.6 |
| 2020–24 | 47.5 | 40.8 | 41.4 | 40.1 |
| Change | +2.9 | +1.9 | +2.0 | +2.3 |
With a median age of 47.5, Peabody is noticeably older than the country as a whole (40.1), an age mix that tilts toward empty nesters and retirees. Since 2006–10, the median age has climbed from 44.5, mirroring the country. Residents skew youngest in the southeast and oldest in the north.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in Peabody
| Period | Peabody | Boston area | Massachusetts | U.S. |
|---|---|---|---|---|
| 2006–10 | 7.2% | 10.4% | 11.0% | 12.3% |
| 2010–14 | 7.7% | 10.2% | 11.0% | 12.3% |
| 2015–19 | 7.8% | 9.6% | 10.3% | 11.6% |
| 2020–24 | 9.0% | 9.7% | 10.6% | 11.6% |
| Change | +1.8 pts | −0.7 pts | −0.4 pts | −0.6 pts |
Single-parent households are less common in Peabody than nationally: 9.0%, against 11.6%. That is in line with the rest of the Boston area. The single-parent share is up 1.8 points from 2006–10, even as the national share fell.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in Peabody
Renters in Peabody
| Period | Peabody | Boston area | Massachusetts | U.S. |
|---|---|---|---|---|
| 2006–10 | 31.4% | 36.8% | 36.0% | 33.3% |
| 2010–14 | 36.2% | 38.5% | 37.7% | 35.6% |
| 2015–19 | 34.2% | 38.3% | 37.6% | 36.0% |
| 2020–24 | 34.4% | 38.4% | 37.5% | 34.8% |
| Change | +3.0 pts | +1.6 pts | +1.5 pts | +1.5 pts |
Just over a third of households in Peabody rent their homes (34.4%), close to the national share of 34.8%. Renters make up a smaller share here than in the Boston area overall (38.4%). Among owners, 35.0% have paid off their mortgages, below the national share of 39.8%. The renter share has risen 3.0 points since 2006–10, as it has nationally.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in Peabody
| Period | Peabody | Boston area | Massachusetts | U.S. |
|---|---|---|---|---|
| 2006–10 | 6.7% | 8.1% | 9.5% | 11.4% |
| 2010–14 | 4.7% | 7.4% | 9.1% | 11.4% |
| 2015–19 | 4.5% | 7.3% | 8.9% | 11.1% |
| 2020–24 | 4.4% | 6.7% | 7.9% | 9.6% |
| Change | −2.3 pts | −1.4 pts | −1.6 pts | −1.8 pts |
Only 4.4% of homes in Peabody are vacant, far below the national rate of 9.6%, which usually means strong demand for housing. Vacancy has fallen 2.3 points since 2006–10, as it has nationally.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in Peabody
| Period | Peabody | Boston area | Massachusetts | U.S. |
|---|---|---|---|---|
| 2006–10 | 1961 | 1958 | 1958 | 1974 |
| 2010–14 | 1963 | 1959 | 1959 | 1975 |
| 2015–19 | 1962 | 1961 | 1961 | 1977 |
| 2020–24 | 1966 | 1964 | 1963 | 1980 |
| Change | +6 | +6 | +5 | +6 |
The housing in Peabody is old by national standards: the median home dates to 1966, against 1980 for the U.S., so buyers will find more older houses, some of them due for updates. The median year built has moved up from 1961 in 2006–10, a sign of steady new building. The newest homes are mostly in the north, the oldest in the southeast.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in Peabody
| Period | Peabody | Boston area | Massachusetts | U.S. |
|---|---|---|---|---|
| 2006–10 | $1,151 | $1,171 | $1,085 | $965 |
| 2010–14 | $1,236 | $1,251 | $1,157 | $1,040 |
| 2015–19 | $1,402 | $1,537 | $1,398 | $1,213 |
| 2020–24 | $1,999 | $2,051 | $1,860 | $1,571 |
| Change | +$848 | +$881 | +$775 | +$606 |
A typical rental in Peabody costs $1,999 a month with utilities, well above the national median of $1,571. Rents are up $848 a month from 2006–10, a 74% jump, faster than rents rose nationally. The typical renter here spends 33.8% of household income on rent, well over the 30% mark often used to define affordable rent, so many renters here are stretched. The priciest rents are in the north; the most affordable are in the east.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in Peabody
Bachelor's degrees in Peabody
| Period | Peabody | Boston area | Massachusetts | U.S. |
|---|---|---|---|---|
| 2006–10 | 29.5% | 42.2% | 38.5% | 28.4% |
| 2010–14 | 28.8% | 44.1% | 40.1% | 29.6% |
| 2015–19 | 34.0% | 48.2% | 43.6% | 32.1% |
| 2020–24 | 35.0% | 51.9% | 47.2% | 35.6% |
| Change | +5.5 pts | +9.7 pts | +8.7 pts | +7.2 pts |
Just over a third of adults 25 and older in Peabody (35.0%) hold at least a bachelor's degree, close to the national share of 35.6%. The share is lower than in the wider Boston area (51.9%). The share with a degree has risen 5.5 points since 2006–10, as it has nationally.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in Peabody
| Period | Peabody | Boston area | Massachusetts | U.S. |
|---|---|---|---|---|
| 2006–10 | 89.4% | 89.8% | 88.4% | 84.9% |
| 2010–14 | 89.9% | 90.6% | 89.3% | 86.1% |
| 2015–19 | 89.9% | 91.5% | 90.5% | 87.7% |
| 2020–24 | 90.4% | 91.8% | 91.0% | 89.3% |
| Change | +1.0 pts | +2.1 pts | +2.6 pts | +4.3 pts |
High school completion in Peabody is close to the national rate: 90.4% of adults have a diploma or equivalent, against 89.3%. The share with a diploma has edged up 1.0 points since 2006–10, a smaller shift than nationally. Peabody has a lower share of high school graduates than the great majority of Massachusetts cities.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in Peabody
| Period | Peabody | Boston area | Massachusetts | U.S. |
|---|---|---|---|---|
| 2006–10 | 6.6% | 7.0% | 7.5% | 8.1% |
| 2010–14 | 6.4% | 8.0% | 8.7% | 9.4% |
| 2015–19 | 4.0% | 4.6% | 5.0% | 5.6% |
| 2020–24 | 5.1% | 4.9% | 5.2% | 5.4% |
| Change | −1.6 pts | −2.1 pts | −2.3 pts | −2.7 pts |
Unemployment in Peabody is close to the national rate: 5.1% of the labor force, against 5.4%. Since 2006–10, unemployment has fallen 1.6 points, mirroring the country. Each figure pools five years of surveys (2020–24), so it describes that whole stretch rather than today's job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
Peabody compared with nearby cities
| City | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| Peabody | 2.50 | 47.5 | 9.0% | 34.4% | 4.4% | 1966 | $1,999 | 35.0% | 90.4% | 5.1% |
| Danvers | 2.52 | 46.1 | 6.8% | 31.0% | 5.9% | 1964 | $2,319 | 47.6% | 95.1% | 4.8% |
| Salem | 2.18 | 39.5 | 9.7% | 50.3% | 6.2% | 1954 | $1,886 | 47.6% | 92.0% | 5.0% |
| Lynnfield | 2.90 | 40.7 | 6.6% | 15.3% | 4.4% | 1968 | $2,516 | 62.2% | 98.4% | 3.2% |
| Lynn | 2.93 | 37.3 | 19.1% | 52.4% | 4.8% | 1950 | $1,843 | 24.1% | 78.2% | 4.6% |
| Swampscott | 2.56 | 43.6 | 4.9% | 24.2% | 7.8% | 1953 | $2,346 | 60.9% | 96.3% | 7.1% |
| Beverly | 2.40 | 40.9 | 10.5% | 39.7% | 5.4% | 1961 | $1,685 | 54.8% | 96.6% | 4.9% |
| Middleton | 2.70 | 43.0 | 3.7% | 7.2% | 7.1% | 1986 | $1,485 | 41.9% | 91.0% | 3.3% |
| Marblehead | 2.51 | 49.2 | 3.8% | 14.8% | 7.5% | 1950 | $1,798 | 78.9% | 99.1% | 2.5% |
| Saugus | 2.60 | 45.1 | 4.8% | 28.2% | 6.5% | 1964 | $2,164 | 30.4% | 90.9% | 3.7% |
| Wakefield | 2.46 | 42.2 | 5.5% | 28.6% | 6.2% | 1956 | $2,117 | 59.7% | 96.2% | 4.3% |
All figures 2020–24.
Cities with similar populations: Annapolis, MD · Ceres, CA · Chambersburg, PA · Redford, MI · Lancaster, OH · Loveland, OH · Meridian, MS · Miami Beach, FL · Minot, ND · Montgomery, TX
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up Peabody. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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