Peabody, MA Census Data
The 24th largest city in Massachusetts by population · 25 cities ranked
Peabody is the 24th largest city in Massachusetts by population and ranks 12th of 25 for median household income. With 54,180 residents, it has a lower poverty rate than 23 other Massachusetts cities. This snapshot draws from the 2023 American Community Survey (ACS) 5-year estimates.
Updated: 2026-04-13 · Source: U.S. Census Bureau, ACS 2023
Population
54,180
47.6% male · 52.4% female
Median Age
46.6
7.9 above the national average (38.7 yrs)
Median Household Income
$95,278
$16,740 above the national average ($78,538)
Bachelor's Degree or Higher
33.9%
1.1% below the national average (35.0%)
HS diploma or higher: 90.6%
Poverty Rate
6.5%
5.9% below the national average (12.4%)
Uninsured: 2.9%
Broadband Access
93.1%
3.4% above the national average (89.7%)
Median Home Value
$566,200
Median rent: $1,902 · 66% owner-occupied
Unemployment Rate
4.8%
Labor force participation: 61.0%
Per Capita Income
$56,250
Individual average income (not household)
Veteran Population
6.2%
Disability rate: 16.5%
How Peabody Compares to Other Massachusetts Cities
Rankings among all 25 Massachusetts cities tracked in the 2023 ACS.
| Ranking | Position | Tier |
|---|---|---|
| Largest by Population | 24th of 25 | Bottom 25% |
| Highest Median Income | 12th of 25 | Top half |
| Lowest Poverty Rate | 2nd of 25 | Top 10% |
| Highest Bachelor's Attainment | 13th of 25 | Bottom half |
| Highest Home Value | 12th of 25 | Top half |
Demographics
Race & Ethnicity
Age Distribution
Commute to Work
Peabody, MA Frequently Asked Questions
What is the population of Peabody, MA?
The population of Peabody, MA is 54,180 according to the 2023 American Community Survey 5-year estimates. The median age is 46.6 years.
What is the median household income in Peabody?
The median household income in Peabody, MA is $95,278, above the national average of $78,538. Per capita income is $56,250.
What is the poverty rate in Peabody?
The poverty rate in Peabody, MA is 6.5%, compared to the national average of 12.4%. About 2.9% of residents lack health insurance.
What percentage of Peabody residents have a college degree?
33.9% of adults (25+) in Peabody hold a bachelor's degree or higher, and 90.6% have at least a high school diploma. The national average for bachelor's degree holders is 35.0%.
What is the median home value in Peabody?
The median home value in Peabody, MA is $566,200. Median rent is $1,902 per month, with 66% of housing units owner-occupied.
What is the racial makeup of Peabody?
Peabody's population is 79.9% White, 3.6% Black, 12.4% Hispanic or Latino, and 2.0% Asian (source: 2023 ACS).
How does Peabody rank among Massachusetts cities?
Peabody is the 24th largest city in Massachusetts by population, the 12th highest for median household income, the 2nd lowest for poverty rate, the 13th highest for bachelor's degree attainment among 25 ranked Massachusetts cities.
What is the unemployment rate in Peabody?
The unemployment rate in Peabody, MA is 4.8%, with a labor force participation rate of 61.0%. Per capita income is $56,250.
Cities Similar to Peabody
Other Massachusetts cities with comparable population and income levels.