Peabody, MA

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Population

52,610

0.718% growth

Median Age

44.3


Median Household Income

$65,085

1.58% growth

Poverty Rate

9.83%


Number of Employees

27,806

2.17% growth

Median Property Value

$356,200

3.1% growth

About

In 2017, Peabody, MA had a population of 52.6k people with a median age of 44.3 and a median household income of $65,085. Between 2016 and 2017 the population of Peabody, MA grew from 52,235 to 52,610, a 0.718% increase and its median household income grew from $64,071 to $65,085, a 1.58% increase.

The population of Peabody, MA is 84.4% White Alone, 9.35% Hispanic or Latino, and 2.66% Black or African American Alone. 20.2% of the people in Peabody, MA speak a non-English language, and 93.5% are U.S. citizens.

The median property value in Peabody, MA is $356,200, and the homeownership rate is 64.5%. Most people in Peabody, MA commute by Drove Alone, and the average commute time is 25.7 minutes. The average car ownership in Peabody, MA is 2 cars per household.

Economy

The economy of Peabody, MA employs 27.8k people. The largest industries in Peabody, MA are Health Care & Social Assistance (4,626 people), Retail Trade (4,425 people), and Manufacturing (2,495 people), and the highest paying industries are Professional, Scientific, & Technical Services ($71,483), Public Administration ($62,585), and Finance & Insurance ($60,272).

Median household income in Peabody, MA is $65,085. Males in Peabody, MA have an average income that is 1.34 times higher than the average income of females, which is $62,850. The income inequality in Peabody, MA (measured using the Gini index) is 0.485, which is higher than than the national average.

Wages

Median Household Income

$65,085

2017 value

± $2,600

1.58%

1 Year Growth

± 6.08%

Households in Peabody, MA have a median annual income of $65,085, which is more than the median annual income of $60,336 across the entire United States. This is in comparison to a median income of $64,071 in 2016, which represents a 1.58% annual growth.

Look at the chart to see how the median household income in Peabody, MA compares to that of it's neighboring and parent geographies.

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Wage by Gender in Common Jobs

The PUMS dataset is not available at the place level, so we are showing data for the Massachusetts.

$84,043

Average Male Salary

± $1,786

$62,850

Average Female Salary

± $1,306

In 2017, full-time male employees in Peabody, MA made 1.34 times more than female employees.

This chart shows the gender-based wage disparity in the 5 most common occupations in Peabody, MA by number of full-time employees.

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Wage by Race and Ethnicity in Common Jobs

The PUMS dataset is not available at the place level, so we are showing data for the Massachusetts.

Highest Average Salaries by Race & Ethnicity

  1. Asian

    $68,516 ± $4,051

  2. White

    $64,668 ± $1,113

  3. Native Hawaiian and Other Pacific Islander

    $49,586 ± $39,015

In 2017 the highest paid race/ethnicity of Peabody, MA workers was Asian. These workers were paid 1.06 times more than White workers, who made the second highest salary of any race/ethnicity.

This chart shows the race- and ethnicity-based wage disparities in the 5 most common occupations in Peabody, MA by number of full-time employees.

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Wage Distribution

The closest comparable wage GINI for Peabody, MA is from Massachusetts.

0.485

2017 Wage GINI

0.485

2016 Wage GINI

In 2017, the income inequality in Massachusetts was 0.485 according to the GINI calculation of the wage distribution. Income inequality had a 0.0457% growth from 2016 to 2017, which means that wage distribution grew somewhat less even.

The 2017 the GINI for Massachusetts was higher than than the national average of 0.479. In other words, wages are distributed less evenly in Massachusetts in comparison to the national average.

This chart shows the number of workers in Massachusetts across various wage buckets compared to the national average.

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Income by Location

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Highest Median Household Income (Total)

  1. Census Tract 2102

  2. Census Tract 2101

  3. Census Tract 2105

In 2017, the place with the highest Median Household Income (Total) in Peabody, MA was Census Tract 2102 with a value of $95,889, followed by Census Tract 2101 and Census Tract 2105, with respective values of $93,059 and $83,858.

The following map shows all of the places in Peabody, MA colored by their Median Household Income (Total).

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Poverty by Age and Gender

Females 25 - 34

Largest Demographic Living in Poverty

9.83% of the population for whom poverty status is determined in Peabody, MA (5.12k out of 52.1k people) live below the poverty line, a number that is lower than the national average of 13.4%. The largest demographic living in poverty are Females 25 - 34, followed by Males < 5 and then Females 75+.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

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Poverty by Race and Ethnicity

Largest Race or Ethnicity Living in Poverty

  1. White

    3,730 ± 506

  2. Hispanic

    1,375 ± 333

  3. Other

    571 ± 221

The most common racial or ethnic group living below the poverty line in Peabody, MA is White, followed by Hispanic and Other.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

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Occupations

Employment by Occupations

27.8k

2017 Value

± 1,247

2.17%

1 Year growth

± 6.33%

From 2016 to 2017, employment in Peabody, MA grew at a rate of 2.17%, from 27.2k employees to 27.8k employees.

The most common job groups, by number of people living in Peabody, MA, are Office & Administrative Support Occupations (3,786 people), Sales & Related Occupations (3,389 people), and Management Occupations (3,028 people). This chart illustrates the share breakdown of the primary jobs held by residents of Peabody, MA.

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Most Common

The most common jobs held by residents of Peabody, MA, by number of employees, are Office & Administrative Support Occupations (3,786 people), Sales & Related Occupations (3,389 people), and Management Occupations (3,028 people).

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Most Specialized

Compared to other places, Peabody, MA has an unusually high number of residents working as Healthcare Support Occupations (1.49 times higher than expected), Law Enforcement Workers Including Supervisors (1.22 times), and Personal Care & Service Occupations (1.16 times).

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Highest Paid

The highest paid jobs held by residents of Peabody, MA, by median earnings, are Life, Physical, & Social Science Occupations ($93,169), Architecture & Engineering Occupations ($84,519), and Computer, Engineering, & Science Occupations ($83,750).

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Industries

Employment by Industries

27.8k

2017 Value

± 1,247

2.17%

1 Year growth

± 6.33%

From 2016 to 2017, employment in Peabody, MA grew at a rate of 2.17%, from 27.2k employees to 27.8k employees.

The most common employment sectors for those who live in Peabody, MA, are Health Care & Social Assistance (4,626 people), Retail Trade (4,425 people), and Manufacturing (2,495 people). This chart shows the share breakdown of the primary industries for residents of Peabody, MA, though some of these residents may live in Peabody, MA and work somewhere else. Census data is tagged to a residential address, not a work address.

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Most Common

The most common industries in Peabody, MA, by number of employees, are Health Care & Social Assistance (4,626 people), Retail Trade (4,425 people), and Manufacturing (2,495 people).

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Most Specialized

Compared to other places, Peabody, MA has an unusually high number of Management of Companies & Enterprises (2.34 times higher than expected), Retail Trade (1.39 times), and Professional, Scientific, & Technical Services (1.2 times) industries.

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Highest Paying

The highest paying industries in Peabody, MA, by median earnings, are Professional, Scientific, & Technical Services ($71,483), Public Administration ($62,585), and Finance & Insurance ($60,272).

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Domestic Trade

Domestic Production & Consumption

Domestic production and consumption consists of products and services shipped from Massachusetts to other states, or from other states to Massachusetts.

Top Domestic Production in Dollars

  1. $31.5B

  2. $27.2B

  3. $24.1B

In 2015, the top outbound Massachusetts product (by dollars) was Gasoline with $31.5B, followed by Mixed freight with $27.2B and Electronics and $24.1B.

The following chart shows the share of these products in relation to all outbound Massachusetts products.

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Domestic Trade Growth

Showing data for Massachusetts state.

$240B

2015 Value

$364B

Projected 2045 Value

51.4% growth

In 2015, total outbound Massachusetts trade was $240B. This is expected to increase 51.4% to $364B by 2045.

The following chart shows how the domestic outbound Massachusetts trade is projected to change in comparison to its neighboring states.

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Interstate Trade

Interstate trade consists of products and services shipped from Massachusetts to other states, or from other states to Massachusetts.

Most Common Trade Partners

  1. $13.2B

  2. $13.2B

  3. $12.7B

In 2015, the top outbound Massachusetts domestic partner for goods and services (by dollars) was New Hampshire with $13.2B, followed by New York with $13.2B and Connecticut and $12.7B.

The following map shows the amount of trade that Massachusetts shares with each state (excluding itself).

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Health

97.3% of the population of Peabody, MA has health coverage, with 50.6% on employee plans, 18.2% on Medicaid, 15.4% on Medicare, 12.6% on non-group plans, and 0.546% on military or VA plans.

Per capita personal health care spending in the place of Peabody, MA was $10,559 in 2014. This is a 2.78% increase from the previous year ($10,273).

Primary care physicians in Peabody, MA see 954 patients per year on average, which represents a 0.421% increase from the previous year (950 patients). Compare this to dentists who see 1010 patients per year, and mental health providers who see 185 patients per year.

Comparing across all counties in the state, Bristol County has the highest prevalence of diabetes (11.4%). Additionally, Bristol County has the highest prevalence of adult obesity (29.1%)

Patient to Clinician Ratios

Data is only available at the state level. Showing data for Massachusetts.

954 to 1

Primary Care Physicians

Primary care physicians in Massachusetts see an average of 954 patients per year. This represents a 0.421% increase from the previous year (950 patients).

The following chart shows how the number of patients seen by primary care physicians has been changing over time in Massachusetts in comparison to neighboring states.

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Behavioral Health Conditions

Data only available at the state level.

State with the Highest Prevalence

  1. 8.26% of the population affected

  2. 8.13% of the population affected

  3. 7.98% of the population affected

In 2016, West Virginia had the highest prevalence of adults with major depressive episode, with 8.26% of the population affected. The second highest is Arkansas (8.13%), followed by New Hampshire (7.98%).

The following map shows the percent of individuals with major depressive episode by state over multiple years.

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Access and Quality

Data only available at state level.

Most prevalent states

  1. 19.2% of adults

  2. 17.9% of adults

  3. 17.6% of adults

In 2016, Mississippi had the highest prevalence of adults who haven't seen a doctor in the past 12 months due to cost, at 19.2%. It is followed by Texas (17.9%) and Louisiana (17.6%).

The following map shows the prevalence of adults who haven't seen a doctor in the past 12 months due to cost by state over multiple years.

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Health Care Spending

Data is only available at the state level. Showing data for Massachusetts.

$10,559

Total Per Capita Spending on Personal Health Care 

$5,302

Per Enrollee Private Health Insurance Spending on Personal Health Care

$8,922

Per Enrollee Medicaid Spending on Personal Health Care

$11,899

Per Enrollee Medicare Spending on Personal Health Care

Between 2013 and 2014, all personal health care spending per capita in Massachusetts (including private, Medicare, and Medicaid) grew 2.78%, from $10,273 to $10,559.

The following chart shows how this spending changed over time in comparison to Medicaid, Medicare, and private insurance spending, per enrollee.

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Health Care Coverage

2.67%

Uninsured

50.6%

Employer Coverage

18.2%

Medicaid

15.4%

Medicare

12.6%

Non-Group

0.546%

Military or VA

Between 2016 and 2017, the percent of uninsured citizens in Peabody, MA declined by 1.29% from 2.7% to 2.67%.

The following chart shows how the percent of uninsured individuals in Peabody, MA changed over time compared with the percent of individuals enrolled in various types of health insurance.

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Health Risks

Data available at the county level.

Most at risk counties

  1. 11.4% prevalence

  2. 11.1% prevalence

  3. 10.8% prevalence

Bristol County has the highest prevalence of diabetes in Massachusetts, at 11.4%.

The following map shows the prevalence of diabetes in Massachusetts by county over multiple years.

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Diversity

Peabody, MA is home to a population of 52.6k people, from which 93.5% are citizens. As of 2017, 16.3% of Peabody, MA residents were born outside of the country.

The ethnic composition of the population of Peabody, MA is composed of 44.4k White Alone residents (84.4%), 4.92k Hispanic or Latino residents (9.35%), 1.4k Black or African American Alone residents (2.66%), 939 Two or More Races residents (1.78%), 722 Asian Alone residents (1.37%), 216 Some Other Race Alone residents (0.411%), 0 Native Hawaiian & Other Pacific Islander Alone residents (0%), and 0 American Indian & Alaska Native Alone residents (0%).

The most common foreign languages spoken in Peabody, MA are Spanish or Spanish Creole (3,200 speakers), Portuguese or Portuguese Creole (3,119 speakers), and Greek (847 speakers).

Age

Age by Nativity

44

Median Native-Born Age

± 1.2

47

Median Foreign-Born Age

± 4.8

In 2017, the median age of all people in Peabody, MA was 44.3. Native-born citizens, with a median age of 44, were generally younger than than foreign-born citizens, with a median age of 47. But people in Peabody, MA are getting getting younger. In 2016, the average age of all Peabody, MA residents was 45.

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Heritage

Foreign-Born Population

16.3%

2017 Foreign-Born Population

15.7%

2016 Foreign-Born Population

As of 2017, 16.3% of Peabody, MA residents were born outside of the United States, which is higher than the national average of 13.7%. In 2016, the percentage of foreign-born citizens in Peabody, MA was 15.7%, meaning that the rate has been increasing.

The following chart shows the percentage of foreign-born residents in Peabody, MA compared to that of it's neighboring and parent geographies.

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Global Diversity

Most Common Origin

  1. China

    88,014 ± 7,236 people

  2. Dominican Republic

    84,884 ± 7,108 people

  3. Brazil

    66,506 ± 6,300 people

In 2017, the most common birthplace for the foreign-born residents of Peabody, MA was China, the natal country of 88,014 Peabody, MA residents, followed by Dominican Republic with 84,884 and Brazil with 66,506.

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Citizenship

93.5%

2017 Citizenship

93.2%

2016 Citizenship

As of 2017, 93.5% of Peabody, MA residents were US citizens, which is higher than the national average of 93.1%. In 2016, the percentage of US citizens in Peabody, MA was 93.2%, meaning that the rate of citizenship has been increasing.

The following chart shows US citizenship percentages in Peabody, MA compared to that of it's neighboring and parent geographies.

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Race and Ethnicity

Most Common

  1. White Alone

    44.4k ± 1.14k

  2. Hispanic or Latino

    4.92k ± 855

  3. Black or African American Alone

    1.4k ± 570

In 2017, there were 9.03 times more White Alone residents (44.4k people) in Peabody, MA than any other race or ethnicity. There were 4.92k Hispanic or Latino and 1.4k Black or African American Alone residents, the second and third most common racial or ethnic groups.

The following bar chart shows the 8 races and ethnicities represented in Peabody, MA as a share of the total population.

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Non-English Speakers

Most Common Languages

  1. Spanish or Spanish Creole

    3,200 speakers (6.46%)

  2. Portuguese or Portuguese Creole

    3,119 speakers (6.3%)

  3. Greek

    847 speakers (1.71%)

20.2% of Peabody, MA citizens are speakers of a non-English language, which is lower than the national average of 21.5%. In 2015, the most common non-English language spoken in Peabody, MA was Spanish or Spanish Creole. 6.46% of the overall population of Peabody, MA are native Spanish or Spanish Creole speakers. 6.3% speak Portuguese or Portuguese Creole and 1.71% speak Spanish or Spanish Creole, the next two most common languages.

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Military

Veterans

Most Common Service Period

  1. Vietnam

    1,104 ± 236

  2. Korea

    512 ± 175

  3. World War II

    322 ± 139

Peabody, MA has a large population of military personnel who served in Vietnam, 2.16 times greater than any other conflict.

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Housing & Living

The median property value in Peabody, MA was $356,200 in 2017, which is 1.64 times larger than the national average of $217,600. Between 2016 and 2017 the median property value increased from $345,500 to $356,200, a 3.1% increase. The homeownership rate in Peabody, MA is 64.5%, which is higher than the national average of 63.9%. People in Peabody, MA have an average commute time of 25.7 minutes, and they commute by Drove Alone. Car ownership in Peabody, MA is approximately the same as the national average, with an average of 2 cars per household.

Income

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$65,085

Median Household Income

± $2,600

21.5k

Number of Households

± 1,124

In 2017, the median household income of the 21.5k households in Peabody, MA grew to $65,085 from the previous year's value of $64,071.

The following chart displays the households in Peabody, MA distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $75k - $100k range.

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Housing

Property Value

$356,200

2017 Median

± $5,823

$345,500

2016 Median

± $5,608

In 2017, the median property value in Peabody, MA grew to to $356,200 from the previous year's value of $345,500.

The following charts display, first, the property values in Peabody, MA compared to it's parent and neighbor geographies and, second, owner-occupied housing units distributed between a series of property value buckets compared to the national averages for each bucket. In Peabody, MA the largest share of households have a property value in the $300k - $400k range.

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Property Taxes

$3k+

Average Range

This chart shows the households in Peabody, MA distributed between a series of property tax buckets compared to the national averages for each bucket. In Peabody, MA the largest share of households pay taxes in the $3k+ range.

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Rent vs Own

64.5%

2017 Homeownership

64.9%

2016 Homeownership

In 2017, 64.5% of the housing units in Peabody, MA were occupied by their owner. This percentage declined from the previous year's rate of 64.9%.

This percentage of owner-occupation is higher than the national average of 63.9%. This chart shows the ownership percentage in Peabody, MA compared it's parent and neighboring geographies.

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Transportation

Car Ownership

2 cars

Average Number

The following chart displays the households in Peabody, MA distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Peabody, MA have 2 cars, followed by 3 cars.

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Commute Time

25.7 minutes

Average Travel Time

Using averages, employees in Peabody, MA have a longer commute time (25.7 minutes) than the normal US worker (25.1 minutes). Additionally, 2.28% of the workforce in Peabody, MA have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Peabody, MA compares to that of it's neighboring and parent geographies.

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Commuter Transportation

Most Common Method of Travel

  1. Drove Alone

    81%

  2. Carpooled

    7.9%

  3. Public Transit

    3.61%

In 2017, the most common method of travel for workers in Peabody, MA was Drove Alone, followed by those who Carpooled and those who Public Transit.

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