Last updated: 2024 BLS data · Page refreshed:
Peabody has a population of 1,196 with a median age of 38.6. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 1,196 |
| Median Age | 38.6 |
| White | 94.0% |
| Black or African American | 0.4% |
| Hispanic or Latino | 9.7% |
The median household income in Peabody is $54,653, which is 32.2% below the national median of $80,610. The per capita income is $22,554. The poverty rate is 15.2%.
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In Peabody, 81.6% of residents age 25+ have a high school diploma or higher, and 12.9% hold a bachelor's degree or higher (4.6% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 81.6% |
| Bachelor's Degree or Higher | 12.9% |
| Graduate or Professional Degree | 4.6% |
The median home value in Peabody is $77,800, below the national median of $303,400. The median monthly rent is $733. The homeownership rate is 77.8%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $77,800 |
| Median Monthly Rent | $733 |
| Homeownership Rate | 77.8% |
| Vacancy Rate | 16.7% |
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