Peabody city, Massachusetts Demographics & Population 2026
As of 2026, Peabody city, Massachusetts has a total population of 54,180, the 24th largest city in Massachusetts, with a median household income of $95,278, which is 6% lower than the state average. The poverty rate is 6.5%.
Peabody city Quick Facts
How Peabody city Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 51 | National average: 60
Education
Educational Attainment (Adults 25+)
Peabody city Rankings in Massachusetts
Explore Massachusetts Rankings
Other Cities in Essex County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Lynn city | 100,905 | $74,715 | 13.7% | $472,600 |
| Lawrence city | 88,297 | $57,903 | 18.2% | $393,500 |
| Haverhill city | 67,387 | $87,675 | 10.6% | $426,900 |
| Methuen Town city | 53,043 | $103,270 | 8.2% | $472,200 |
| Salem city | 44,241 | $85,137 | 13.7% | $497,400 |
| Beverly city | 42,408 | $103,739 | 10.0% | $621,900 |
| Gloucester city | 29,862 | $87,898 | 10.7% | $587,800 |
| Newburyport city | 18,444 | $144,259 | 5.1% | $792,400 |
| Amesbury Town city | 17,277 | $100,599 | 7.0% | $475,400 |
Cities Similar to Peabody city
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Methuen Town city | 53,043 | $103,270 | $472,200 | 30.5% | 8.2% |
| Weymouth Town city | 57,786 | $100,077 | $516,200 | 43.0% | 7.7% |
| Barnstable Town city | 49,232 | $97,348 | $559,200 | 42.3% | 7.0% |
| Attleboro city | 46,499 | $93,266 | $409,100 | 33.7% | 9.2% |
| Revere city | 59,933 | $81,121 | $566,200 | 24.7% | 12.4% |
Population Overview
Peabody city is a mid-sized community located in Massachusetts, within Essex County. The total population is 54,180. It ranks as the 24th most populous out of 248 cities and towns in Massachusetts.
Age Demographics
The median age in Peabody city is 46.6 years. This is 17% higher than the state median of 40.0 years. 12.3% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.
Economy, Income & Housing
The median household income in Peabody city is $95,278. This is 6% lower than the state median of $101,341. Compared to the national median of $78,538, household income here is 21% higher. The poverty rate stands at 6.5%. This is 35% lower than the state poverty rate of 10.0%. The unemployment rate is 4.8%. This is 6% lower than the state rate of 5.1%. The median home value is $566,200. Housing costs are 8% higher than the state median of $525,800. The home-value-to-income ratio is 5.9x. 65.6% of occupied housing units are owner-occupied. This homeownership rate is 5% higher than the state average of 62.6%.
Race & Ethnicity
The largest racial or ethnic group in Peabody city is White (non-Hispanic), making up 76.7% of the population. Hispanic or Latino residents account for 12.4%. The Asian population (2.0%) is well below the state average of 7.0%.
Education
33.9% of residents aged 25 and older hold a bachelor's degree or higher. This is 27% lower than the state rate of 46.6%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 90.6%.
Data Sources & Methodology
All demographic data for Peabody city, Massachusetts is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Massachusetts state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 248 Census-designated places in Massachusetts. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of Peabody city, Massachusetts?
Peabody city, Massachusetts has a population of 54,180 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Peabody city, MA?
The median household income in Peabody city is $95,278, which is 21% higher the national median of $78,538.
What is the poverty rate in Peabody city, MA?
The poverty rate in Peabody city is 6.5%. This means approximately 3,482 residents live below the federal poverty line.
What is the racial makeup of Peabody city, Massachusetts?
Peabody city's population is 76.7% White, 3.6% Black, 12.4% Hispanic/Latino, and 2.0% Asian.
What is the median home value in Peabody city, MA?
The median home value in Peabody city is $566,200. The home-value-to-income ratio is 5.9x.
How educated is Peabody city, Massachusetts?
33.9% of adults (25+) in Peabody city hold a bachelor's degree or higher, and 11.6% hold a graduate or professional degree.