Peabody, Massachusetts Population 2024

53,408

Peabody is a city located in Essex County Massachusetts. Peabody has a 2024 population of 53,408. Peabody is currently declining at a rate of -0.45% annually and its population has decreased by -1.8% since the most recent census, which recorded a population of 54,388 in 2020.

The average household income in Peabody is $115,191 with a poverty rate of 6.97%. The median rental costs in recent years comes to - per month, and the median house value is -. The median age in Peabody is 46.9 years, 44.3 years for males, and 48.8 years for females.

Peabody Demographics

According to the most recent ACS, the racial composition of Peabody was:

  • White: 85.03%
  • Two or more races: 7.05%
  • Other race: 3.13%
  • Black or African American: 3.13%
  • Asian: 1.56%
  • Native American: 0.1%
  • Native Hawaiian or Pacific Islander:
Land Area (mi²)
16.2 sq mi
Density (mi²)
3,291.80/sq mi
Growth Since 2020
-1.8% (-980)
The current population of Peabody, Massachusetts is 53,408 based on our projections of the latest US Census estimates.The last official US Census in 2020 recorded the population at 54,388.

Peabody, Massachusetts Population 2024

Population by Race

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Race
Population
Percentage (of total)
White46,08885.03%
Two or more races3,8237.05%
Other race1,6983.13%
Black or African American1,6963.13%
Asian8431.56%
Native American560.1%
Native Hawaiian or Pacific Islander
showing: 7 rows

White

Two or more races

Other race

Black or African American

Asian

Native American

Native Hawaiian or Pacific Islander

Peabody Population by Race

Peabody Population Pyramid 2024

Peabody Median Age

46.9

Total

44.3

Male

48.8

Female

Peabody Adults

There are 44,626 adults, (13,191 of whom are seniors) in Peabody.

Peabody Age Dependency

72.4

Age Dependency Ratio

42

Old Age Dependency Ratio

30.5

Child Dependency Ratio

Peabody Sex Ratio

Female28,29552.2%
Male25,90947.8%

Peabody Population by Age

Peabody Renter vs Owner Occupied by Household Type

Household Type
Count
Average Size
Owner
Renter
All22,6782.3665.534.5
Married10,6553.1677.622.4
Non Family8,4661.1653.146.9
Female2,4572.7656.543.5
Male1,1003.0663.336.7
showing: 5 rows

3.01

Average Family Size

2.36

Average Household Size

65.5%

Rate of Home Ownership

Married

Male

Female

NonFamily

owner

renter

Peabody Households and Families

Male

Female

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Less Than 9th Grade

9th to 12th Grade

High School Graduate

Some College

Associates Degree

Bachelors Degree

Graduate Degree

Peabody Educational Attainment by Sex (over 25)

Peabody Educational Attainment by Race

High School Graduation Rate

Bachelors Rate

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The highest rate of high school graduation is among white people with a rate of 94.39%.

The highest rate of bachelors degrees is among asian people with a rate of 56.72%.

Peabody Educational Attainment by Race

All

Male

Female

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$60,528

Average Earnings

$70,927

Average Male

$53,745

Average Female

Peabody Earnings by Educational Attainment

Peabody Language by Age

Only English

Spanish

Other Indo-European Languages

Asian and Pacific Island Languages

Other Languages

Peabody Language

77.5% of Peabody residents speak only English, while 22.5% speak other languages. The non-English language spoken by the largest group is Other Indo-European, which is spoken by 13.56% of the population.

Peabody Language

Peabody Poverty by Race

rate

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Name
Total
In Poverty
Poverty Rate
White42,9712,5345.9%
Hispanic6,30287513.88%
Black1,60226916.79%
Multiple3,8121955.12%
Other1,6981478.66%
Asian819121.47%
showing: 6 rows

6.97%

Overall Poverty Rate

5.96%

Male Poverty Rate

7.91%

Female Poverty Rate

Poverty in Peabody

The race most likely to be in poverty in Peabody is Black, with 16.79% below the poverty level.

The race least likely to be in poverty in Peabody is Asian, with 1.47% below the poverty level.

The poverty rate among those that worked full-time for the past 12 months was 1.27%. Among those working part-time, it was 5.87%, and for those that did not work, the poverty rate was 15.34%.

Peabody Poverty

rate

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Rate
Poverty
Less Than 9th Grade11.76%
High School10.29%
Some College7.05%
Bachelors or Greater2.79%
showing: 4 rows

Peabody Poverty Rate by Education

rate

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Rate
Poverty
Female Unemployed17.64%
Male Unemployed17.12%
Female Employed2.82%
Male Employed2.22%
showing: 4 rows

Peabody Poverty Rate by Employment Status and Sex

Peabody Income by Household Type

Households

Families

MarriedFamilies

NonFamilies

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mean

median

Income by Household Type

Peabody Marital Status

Married

Widowed

Divorced

Separated

NeverMarried

Marriage Rates

49.6%

Overall Marriage Rate

52.8%

Male Marriage Rate

46.7%

Female Marriage Rate

Peabody Married by Age and Sex

male

female

Peabody Marriage

The age group where males are most likely to be married is 35-44, while the female age group most likely to be married is 35-44.

Peabody Marital Status by Race

Married

Widowed

Divorced

Separated

NeverMarried

Peabody Marital Status

Second Gulf War

First Gulf War

Vietnam

Korea

World War II

2,768

Number of Veterans

2,569

Male Veterans

199

Female Veterans

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Peabody Veterans by War

count

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Peabody Veterans by Age

count

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Peabody Veterans by Race

Peabody Veterans by Education

Less Than 9th Grade

High School Graduate

Some College

Bachelors or Greater

5.22%

Veteran Poverty Rate

40.36%

Veteran Disability Rate

Peabody Veterans by Education

LaborForceParticipation

63.3%

Labor Force Participation

60.5%

Employment Rate

4.4%

Unemployment Rate

Peabody Employment by Age

LaborForceParticipation

Peabody Employment by Race

LaborForceParticipation

Peabody Employment by Education

Origin of Non-Citizens

Europe

Asia

Africa

Oceania

Latin America

North America

Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.

Origin of Naturalized Citizens

Europe

Asia

Africa

Oceania

Latin America

North America

72.11%

Born in Peabody

83.69%

Native Born

16.31%

Foreign Born

6.22%

Non Citizen

10.09%

Naturalized

Place of Birth

83.69% of Peabody residents were born in the United States, with 72.11% having been born in Massachusetts. 6.22% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Latin America.

Peabody Place of Birth

Note: data after 2022 is projected based on recent change

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Year
Population
Growth
Growth Rate
202952,188-244-0.47%
202852,432-244-0.46%
202752,676-244-0.46%
202652,920-244-0.46%
202553,164-244-0.46%
202453,408-244-0.45%
202353,652-244-0.45%
202253,896-244-0.45%
202154,140-248-0.46%
202054,3881,2932.44%
201953,095-32-0.06%
201853,1271420.27%
201752,9852020.38%
201652,7831310.25%
201552,6521710.33%
201452,4812420.46%
201352,2393250.63%
201251,9142750.53%
201151,6392330.45%
201051,4063,2776.81%
200048,1291,0902.32%
199047,0391,0632.31%
198045,976-2,104-4.38%
197048,08015,87849.31%
196032,2029,55742.2%
195022,6459344.3%
194021,7113661.71%
193021,3451,7939.17%
192019,5523,83124.37%
191015,7214,19836.43%
190011,5231,36513.44%
189010,1581,13012.52%
18809,0281,68522.95%
18707,34379412.12%
18606,549
showing: 35 rows

Peabody Population by Year