Peabody, MA

Census Place

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2022 Population
54,204
0.00738% 1-year growth
US Senator
Elizabeth Warren
Democratic Party
US Senator
Ed Markey
Democratic Party
2022 Median Age
46.9
0.86% 1-year increase
2022 Poverty Rate
6.97%
13.4% 1-year decrease
2022 Median Household Income
$91,125
9.04% 1-year growth
2022 Median Property Value
$508,400
15.3% 1-year growth

About

In 2022, Peabody, MA had a population of 54.2k people with a median age of 46.9 and a median household income of $91,125. Between 2021 and 2022 the population of Peabody, MA grew from 54,200 to 54,204, a 0.00738% increase and its median household income grew from $83,570 to $91,125, a 9.04% increase.

The 5 largest ethnic groups in Peabody, MA are White (Non-Hispanic) (80.2%), White (Hispanic) (4.83%), Two+ (Hispanic) (3.65%), Two+ (Non-Hispanic) (3.4%), and Other (Hispanic) (2.87%).

None of the households in Peabody, MA reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.

93.8% of the residents in Peabody, MA are U.S. citizens.

In 2022, the median property value in Peabody, MA was $508,400, and the homeownership rate was 65.5%.

Most people in Peabody, MA drove alone to work, and the average commute time was 27.2 minutes. The average car ownership in Peabody, MA was 2 cars per household.

Population & Diversity

Peabody, MA is home to a population of 54.2k people, from which 93.8% are citizens. As of 2022, 16.4% of Peabody, MA residents were born outside of the country (8.91k people).

In 2022, there were 16.6 times more White (Non-Hispanic) residents (43.5k people) in Peabody, MA than any other race or ethnicity. There were 2.62k White (Hispanic) and 1.98k Two+ (Hispanic) residents, the second and third most common ethnic groups.

Citizenship

93.8%
2022 Citizenship
93.9%
2021 Citizenship

As of 2022, 93.8% of Peabody, MA residents were US citizens, which is higher than the national average of 93.5%. In 2021, the percentage of US citizens in Peabody, MA was 93.9%, meaning that the rate of citizenship has been decreasing.

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

The 3 largest ethnic groups in Peabody, MA
  1. White (Non-Hispanic)
    43.5k ± 1.16k
  2. White (Hispanic)
    2.62k ± 816
  3. Two+ (Hispanic)
    1.98k ± 672
11.7%
Hispanic Population
6.33k people

In 2022, there were 16.6 times more White (Non-Hispanic) residents (43.5k people) in Peabody, MA than any other race or ethnicity. There were 2.62k White (Hispanic) and 1.98k Two+ (Hispanic) residents, the second and third most common ethnic groups.

11.7% of the people in Peabody, MA are hispanic (6.33k people).

The following chart shows the 7 races represented in Peabody, MA as a share of the total population.

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Foreign-Born Population

16.4%
2022 Foreign-Born Population
8.91k people
16.4%
2021 Foreign-Born Population
8.9k people

As of 2022, 16.4% of Peabody, MA residents (8.91k people) were born outside of the United States, which is higher than the national average of 13.6%. In 2021, the percentage of foreign-born citizens in Peabody, MA was 16.4%, 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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Veterans

Most Common Service Period
  1. Vietnam
    713 ± 183
  2. Korea
    476 ± 165
  3. Gulf War (2001-)
    443 ± 183

Peabody, MA has a large population of military personnel who served in Vietnam, 1.5 times greater than any other conflict.

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Economy

The economy of Peabody, MA employs 27.7k people. The largest industries in Peabody, MA are Health Care & Social Assistance (4,840 people), Retail Trade (3,109 people), and Manufacturing (2,577 people), and the highest paying industries are Utilities ($103,000), Finance & Insurance ($87,930), and Manufacturing ($77,946).

Occupations

27.7k
2022 Value
± 1,500
−1.74%
1 Year decline
± 7.7%

From 2021 to 2022, employment in Peabody, MA declined at a rate of −1.74%, from 28.2k employees to 27.7k employees.

The most common job groups, by number of people living in Peabody, MA, are Office & Administrative Support Occupations (3,717 people), Management Occupations (2,857 people), and Sales & Related Occupations (2,805 people). This chart illustrates the share breakdown of the primary jobs held by residents of Peabody, MA.

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Unemployment Insurance Claims

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

This chart shows weekly unemployment insurance claims in Massachusetts (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

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Employment by Industries

27.7k
2022 Value
± 1,500
−1.74%
1 Year decline
± 7.7%

From 2021 to 2022, employment in Peabody, MA declined at a rate of −1.74%, from 28.2k employees to 27.7k employees.

The most common employment sectors for those who live in Peabody, MA, are Health Care & Social Assistance (4,840 people), Retail Trade (3,109 people), and Manufacturing (2,577 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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Median Earnings by Industry

$67,451
Median earning men ± $6,852
$49,746
Median earning women ± $5,503

The industries with the best median earnings for men in 2022 are Finance & Insurance, & Real Estate & Rental & Leasing ($109,583), Public Administration ($88,455), and Manufacturing ($82,684).

The industries with the best median earnings for women in 2022 are Information ($63,105), Public Administration ($62,795), and Manufacturing ($59,480).

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Employment by Industry Sector

Data is only available at the state level. Showing data for Massachusetts.
Y-Axis
2.61%
Year-over-year growth
Employment change between February 2022 and February 2023

As of February 2023, there are 3.67M people employed in Massachusetts. This represents a 2.61% increase in employment when compared to February 2022.

Right after the beginning of the COVID-19 pandemic, during April 2020, a general dip can be seen across industry sectors, resulting in an overall decline in employment by 17.5%.

The following chart shows monthly employment numbers for each industry sector in Massachusetts.

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Civics

In the 2020 presidential election, the popular vote in Massachusetts went to Joseph R Biden Jr. with 65.1% of the vote. The runner-up was Donald J. Trump (31.9%), followed by Jo Jorgensen (1.29%).

Elizabeth Warren and Ed Markey are the senators currently representing the state of Massachusetts. In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

Massachusetts is currently represented by 9 members in the U.S. house, and members of the House of Representives are elected to 2-year terms.

US Senators from Massachusetts

Senatorial voting results are only available at the state level. Showing data for Massachusetts.
Elizabeth Warren
Senator from Massachusetts1
Assumed office on January 3, 2013
Ed Markey
Senator from Massachusetts2
Assumed office on July 16, 2013
Elected to the seat to succeed Mo Cowan, who had been appointed to the seat following the resignation of John Kerry, who had become Secretary of State.

Elizabeth Warren and Ed Markey are the senators currently representing Massachusetts.

In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

The following chart shows elected senators in Massachusetts over time, excluding special elections, colored by their political party.

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US Representatives from Massachusetts

Massachusetts is currently represented by 9 members in the U.S. house.

Members of the House of Representives are elected to 2-year terms, and the following chart shows the how the members for Massachusetts have changed over time starting in 2008.

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Education

Awarded Degrees over Time

The graph shows the evolution of awarded degrees by degrees. Under the paragraphs, the average number of awarded degrees by university in each degree is shown.

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Educational Pyramid

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

In 2022, 1.17% of men over 25 years of age had not completed any academic degree (no schooling), while 1.24% of women were in the same situation.

This visualization shows the gender distribution of the population according to the academic level reached.

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Educational Attainment

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

The most common educational levels obtained by the working population in 2022 were Bachelors Degree (1.35M), High School or Equivalent (1.34M), and Graduate Degree (1.03M).

This visualization illustrates the percentage distribution of the population according to the highest educational level reached. You can filter the data by race by using the selector above.

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Housing & Living

The median property value in Peabody, MA was $508,400 in 2022, which is 1.8 times larger than the national average of $281,900. Between 2021 and 2022 the median property value increased from $441,100 to $508,400, a 15.3% increase. The homeownership rate in Peabody, MA is 65.5%, which is approximately the same as the national average of 64.8%.

People in Peabody, MA have an average commute time of 27.2 minutes, and they drove alone to work. Car ownership in Peabody, MA is approximately the same as the national average, with an average of 2 cars per household.

Median household income in Peabody, MA is $91,125. In 2022, the place with the highest median household income in Peabody, MA was Census Tract 2101 with a value of $134,665, followed by Census Tract 2105 and Census Tract 2102, with respective values of $130,645 and $126,349.

Property

$508,400
Median Property Value 2022
±$16,288
$14,851
Median Property Taxes
±$896

The following chart display owner-occupied housing units 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.

The chart underneath the paragraph shows the property taxes in Peabody, MA compared to it's parent and neighbor geographies.

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Rent vs Own

65.5%
Homeownership
2022
62%
Homeowners with Mortgage
2022

In 2022, 65.5% of the housing units in Peabody, MA were occupied by their owner. This percentage declined from the previous year's rate of 65.6%.

This chart shows the percentage of owner in Peabody, MA compared it's parent and neighboring geographies.

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Income by Location

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Race/Ethnicity
Highest Median Household Income (Total)
  1. Census Tract 2101
  2. Census Tract 2105
  3. Census Tract 2102

In 2022, the place with the highest Median Household Income (Total) in Peabody, MA was Census Tract 2101 with a value of $134,665, followed by Census Tract 2105 and Census Tract 2102, with respective values of $130,645 and $126,349.

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

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Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.
$91,125
Median Household Income
± $2,476
22.7k
Number of Households
± 1,313

In 2022, the median household income of the 22.7k households in Peabody, MA grew to $91,125 from the previous year's value of $83,570.

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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Wage Distribution

The closest comparable wage GINI for Peabody, MA is from Massachusetts.
0.48
2022 Wage GINI in Massachusetts
0.48
2021 Wage GINI in Massachusetts

In 2022, the income inequality in Massachusetts was 0.48 according to the GINI calculation of the wage distribution. Income inequality had a 0.047% growth from 2021 to 2022, which means that wage distribution grew somewhat less even. The GINI for Massachusetts was higher than than the national average of 0.478. 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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Commuter Transportation

Most Common Commute in 2022
  1. Drove Alone (81.3%)
  2. Carpooled (7.97%)
  3. Worked At Home (6.3%)

In 2022, 81.3% of workers in Peabody, MA drove alone to work, followed by those who carpooled to work (7.97%) and those who worked at home (6.3%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

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Commute Time

27.2 minutes
Average Travel Time

Using averages, employees in Peabody, MA have a longer commute time (27.2 minutes) than the normal US worker (26.7 minutes). Additionally, 2.63% 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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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.

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Poverty & Diversity

6.97% of the population for whom poverty status is determined in Peabody, MA (3.74k out of 53.6k people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Females 45 - 54, followed by Females 75+ and then Females 65 - 74.

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

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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Health

97% of the population of Peabody, MA has health coverage, with 50.9% on employee plans, 15.6% on Medicaid, 15.6% on Medicare, 14.2% on non-group plans, and 0.688% on military or VA plans.

Primary care physicians in Essex County, MA see 1384 patients per year on average, which represents a 2.22% increase from the previous year (1354 patients). Compare this to dentists who see 1090 patients per year, and mental health providers who see 161 patients per year.

Patient to Clinician Ratios

Data is only available at the country level. Showing data for Essex County, MA.
1,384 to 1
Patient to Primary Care Physician Ratio in Essex County, MA

Primary care physicians in Essex County, MA see an average of 1,384 patients per year. This represents a 2.22% increase from the previous year (1,354 patients).

The following chart shows how the number of patients seen by primary care physicians has been changing over time in Essex County, MA in comparison to its neighboring geographies.

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Health Care Diversity

In 2022, insured persons according to age ranges were distributed in 19% under 18 years, 18.4% between 18 and 34 years, 38.8% between 35 and 64 years, and 23.8% over 64 years.

By gender, of the total number of insured persons, 46.7% were men and 53.3% were women.

The following chart shows the number of people with health coverage by gender.

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Uninsured People

3%
Uninsured
50.9%
Employer Coverage
15.6%
Medicaid
15.6%
Medicare
14.2%
Non-Group
0.688%
Military or VA

Between 2021 and 2022, the percent of uninsured citizens in Peabody, MA declined by 13.2% from 3.45% to 3%.

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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