Last updated: 2024 BLS data · Page refreshed:
Beverly has a population of 42,665 with a median age of 39.0. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 42,665 |
| Median Age | 39.0 |
| White | 86.0% |
| Black or African American | 3.0% |
| Asian | 2.0% |
| Hispanic or Latino | 6.1% |
| Other / Two or More Races | 2.9% |
The median household income in Beverly is $106,044, which is 31.6% above the national median of $80,610. The per capita income is $56,531. The poverty rate is 9.4%.
The unemployment rate in Beverly is 3.6%, compared to the national rate of 4.1%.
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In Beverly, 96.4% of residents age 25+ have a high school diploma or higher, and 53.4% hold a bachelor's degree or higher (19.5% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 96.4% |
| Bachelor's Degree or Higher | 53.4% |
| Graduate or Professional Degree | 19.5% |
The median home value in Beverly is $650,300, above the national median of $303,400. The median monthly rent is $1,771. The homeownership rate is 60.1%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $650,300 |
| Median Monthly Rent | $1,771 |
| Homeownership Rate | 60.1% |
| Vacancy Rate | 3.7% |
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