Peabody, MA Employment - Median Household Income, Unemployment Rate

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38%

Income/capita NAT. AVG.

45%

Household income NAT. AVG.

43%

Unemployment NAT. AVG.

Index	Peabody	Massachusetts	National
Income per capita	$62,056	$57,616	$44,883
Median household income	$118,214	$106,188	$81,333
Median income owner occupied	$142,980	$143,346	$106,172
Median income renter occupied	$74,956	$57,502	$52,080
Median earnings male	$75,882	$67,299	$54,343
Median earnings female	$54,929	$46,306	$38,439
Unemployment rate	2.8%	4.8%	4.9%
Poverty level	7.7%	11.4%	15.1%

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Key findings

The income per capita in Peabody is 38% higher than the national average
The median household income in Peabody is 45% higher than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Peabody is 43% 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

$78,801 $118,214 $236,428

City

$70,784 $106,188 $212,376

State

$54,216 $81,333 $162,666

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.

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Peabody median earnings by income bracket

Peabody employment by industry

Labour Type	Male	Female
Construction industry	10.6%	10.6%
Manufacturing sector	12.6%	12.6%
Financial & insurance services	5.2%	5.2%
Wholesale & retail services	19.1%	19.1%
Public administration	5.3%	5.3%
Transportation, warehousing & utilities	7.4%	7.4%
Education, health & social services	11.1%	11.1%
Other	27.0%	27.0%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Boxford, MA	3,040	$335,760	312.8%
Winchester, MA	23,430	$260,290	220.0%
Newton, MA	90,578	$233,930	187.6%
Lynnfield, MA	13,272	$218,749	169.0%
Belmont, MA	26,925	$212,942	161.8%
Peabody, MA	54,577	$118,214	45.3%

Cities with similar population

City	Population	Household Income	National Avg.
Milford city, CT	54,560	$140,499	72.7%
Wheaton, IL	54,594	$158,171	94.5%
Revere, MA	54,523	$100,910	24.1%
DeSoto, TX	54,643	$104,040	27.9%
West New York, NJ	54,664	$97,584	20.0%
Peabody, MA	54,577	$118,214	45.3%

Source: The Peabody, MA employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.