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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.

Peabody, MA
Real Estate & Demographic Data





Peabody profile


Living in Peabody


Peabody is a larger medium-sized city located in the state of Massachusetts. With a population of 55,418 people and 11 associated neighborhoods, Peabody is the 25th largest community in Massachusetts.

Housing costs in Peabody are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in Massachusetts.

Also of interest is that Peabody has more people living here who work in computers and math than 95% of the places in the US.

Telecommuters are a relatively large percentage of the workforce: 10.32% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

The education level of Peabody citizens is very high relative to the national average among all cities (21.84%): 35.04% of adults in Peabody have a bachelor's degree or even advanced degree.

The per capita income in Peabody in 2022 was $51,060, which is lower middle income relative to Massachusetts, and wealthy relative to the rest of the US. This equates to an annual income of $204,240 for a family of four. However, Peabody contains both very wealthy and poor people as well.

Peabody is a very ethnically-diverse city. The people who call Peabody home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Peabody residents report their race to be White, followed by Black or African-American. Peabody also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 14.55% of the city’s residents. Important ancestries of people in Peabody include Irish, Italian, English, Portuguese, and French.

Foreign born people are also an important part of Peabody's cultural character, accounting for 17.30% of the city’s population.

The most common language spoken in Peabody is English. Other important languages spoken here include Spanish and Portuguese.