Peabody is a larger medium-sized city located in the state of Massachusetts. With a population of 53,896 people and 11 associated neighborhoods, Peabody is the 25th largest community in Massachusetts.
Housing costs in Peabody are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in Massachusetts.
Also of interest is that Peabody has more people living here who work in computers and math than 95% of the places in the US.
The education level of Peabody citizens is very high relative to the national average among all cities (21.84%): 34.88% of adults in Peabody have a bachelor's degree or even advanced degree.
The per capita income in Peabody in 2022 was $48,490, which is lower middle income relative to Massachusetts, and wealthy relative to the rest of the US. This equates to an annual income of $193,960 for a family of four. However, Peabody contains both very wealthy and poor people as well.
Peabody is a somewhat ethnically-diverse city. The people who call Peabody home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Peabody residents report their race to be White, followed by Black or African-American. Peabody also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 11.67% of the city’s residents. Important ancestries of people in Peabody include Italian, Irish, English, Portuguese, and French.
Peabody also has a high percentage of its population that was born in another country: 16.31%.
The most common language spoken in Peabody is English. Other important languages spoken here include Portuguese and Spanish.