A+
41%
Income/capita NAT. AVG.
46%
Household income NAT. AVG.
44%
Unemployment NAT. AVG.
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IndexPeabodyMassachusettsNational
Income per capita$41,990$38,069$29,829
Median household income$80,681$70,954$55,322
Median income owner occupied$97,894$95,052$70,586
Median income renter occupied$50,633$39,116$35,192
Median earnings male$52,360$45,946$36,919
Median earnings female$36,876$32,028$26,250
Unemployment rate2.6%4.6%4.7%
Poverty level7.7%11.4%15.1%
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Key findings

  • The income per capita in Peabody is 41% higher than the national average
  • The median household income in Peabody is 46% higher than the national average
  • Male median earnings are 41% higher than female median earnings
  • The unemployment rate in Peabody is 44% lower than the national average
  • The poverty level in Peabody is 49% lower than the national average

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      am i middle class

      $
      Input your household income
      $53,781 $80,681 $161,362
      City
      $47,297 $70,954 $141,908
      State
      $36,877 $55,322 $110,644
      Nation
      According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

      Peabody median earnings by income bracket

      Peabody employment by industry

      Labour TypeMaleFemale
      Construction industry10.6%10.6%
      Manufacturing sector12.6%12.6%
      Financial & insurance services5.2%5.2%
      Wholesale & retail services19.1%19.1%
      Public administration5.3%5.3%
      Transportation, warehousing & utilities7.4%7.4%
      Education, health & social services11.1%11.1%
      Other27.0%27.0%

      Nearby cities with high median household income

      City Population Household Income National Avg.
      Boxford, MA2,925$222,153301.6%
      Winchester, MA22,760$173,058212.8%
      Newton, MA88,322$154,398179.1%
      Lynnfield, MA12,968$145,594163.2%
      Belmont, MA26,158$140,500154.0%
      Peabody, MA53,004$80,68145.8%

      Cities with similar population

      City Population Household Income National Avg.
      Palm Desert, CA53,087$64,29516.2%
      Pensacola, FL52,918$56,1991.6%
      Milford city, CT52,902$95,78573.1%
      St. Cloud, FL53,132$58,6236.0%
      Wheaton, IL53,157$105,76491.2%
      Peabody, MA53,004$80,68145.8%
      Source: The Peabody, MA employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).