Peabody, MA Profile: Facts & Data


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Peabody, Massachusetts - Basic Facts

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The City of Peabody had a population of 54,716 as of July 1, 2022. Peabody ranks in the upper quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Massachusetts. See peer rankings below.

The primary coordinate point for Peabody is located at latitude 42.5279 and longitude -70.9287 in Essex County. The formal boundaries for the City of Peabody encompass a land area of 16.21 sq. miles and a water area of 0.58 sq. miles. Essex County is in the Eastern time zone (GMT -5). The elevation is 26 feet.

The City of Peabody has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Alternate Unofficial Names for Peabody: South Danvers.

Jump to... (On This Page!)
  1. Peabody 2022 Demographic Data
  2. Growth Rates for Peabody (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Massachusetts Research Tools (Easy Tools & Current Data)
  3. Massachusetts Data Comparison Tool - 2022 Demographics

Peabody, MA Data & Demographics (As of July 1, 2022)


Total Population 54,716 (100%)
Population in Households 53,823 (98.4%)
Population in Families 42,439 (77.6%)
Population in Group Quarters1 893 ( 1.6%)
Population Density 3,370
Diversity Index2 49


Median Household Income $84,356
Average Household Income $117,733
% of Income for Mortgage4 32%
Per Capita Income $48,225
Wealth Index5 126


Total HU (Housing Units) 23,300 (100%)
Owner Occupied HU 14,506 (62.3%)
Renter Occupied HU 7,891 (33.9%)
Vacant Housing Units 903 ( 3.9%)
Median Home Value $506,150
Average Home Value $541,628
Housing Affordability Index3 75


Total Households 22,397
Average Household Size 2.40
Family Households 13,762
Average Family Size 3.00
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.


2020-2022 2022-2027
Population 0.19% 0.05%
Households 0.16% 0.03%
Families   0.00%
Median Household Income   4.41%
Per Capita Income   4.08%
Owner Occupied HU   0.25%

Peabody, MA - Peer Comparisons by Rank and Percentile

The table below compares Peabody to the other 248 incorporated cities, towns and CDPs in Massachusetts by rank and percentile using July 1, 2022 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 24 91st
Population Density # 39 85th
Median Household Income # 158 37th
Housing Affordability Index # 46 19th
Per Capita Income # 146 42nd
Diversity Index # 56 78th

Additional comparisons and rankings can be made with a VERY EASY TO USE Massachusetts Census Data Comparison Tool.

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