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Population Review

Peabody, Massachusetts Population 2026

Updated April 2026 · US Census ACS 2023 5-Year Estimates

The population of Peabody, Massachusetts is 54,180 as of the 2023 American Community Survey, making it the 24th-largest city in Massachusetts. The median household income is $95,278, the median home value is $566,200, and the median age is 46.6.

The population has grown 7.8% since 2010 (51,399 → 55,418).

54,180

Population

3337

People / sq mi

$95,278

Median Income

$566,200

Median Home Value

Peabody covers 16.2 sq mi of land at 3337 people per square mile.

About Peabody, MA

Peabody is a city in Massachusetts with a population of 54,180. It ranks #24 among cities in Massachusetts by population. The median age is 46.6, older than the national median. The population is 47.6% male and 52.4% female.

The median household income in Peabody is $95,278, above the US median of $74,580. 5.1% of residents live below the federal poverty level. Home values sit at a median of $566,200, with monthly rent averaging $1,902. The homeownership rate of 65.6% is close to the national rate of 64.8%.

Educational attainment in Peabody reflects 33.9% of adults 25 and older holding a bachelor's degree or higher, near the national average of 34.3%. Roughly 8.8% of workers primarily work from home, below the national work-from-home rate of 14.2%. The average commute is 27.2 minutes each way.

Peabody city Population History (2010-2024)

The city of Peabody city had a population of 51,399 in 2010 and 55,418 in 2024, a 7.8% growth over 14 years. The peak was 55,418 in 2024. Average annual growth rate: 0.54%.

2024 · 55K20102024

55,418

Population (2024)

51,399

Population (2010)

55,418

Peak (2024)

0.54%

Avg Annual Growth

YearPopulation
201051,399
201151,632
201251,904
201352,224
201452,463
201552,629
201652,759
201752,948
201853,092
201953,070
202054,402
202154,190
202254,376
202355,043
202455,418

Race & Ethnicity

White79.9%
Black or African American3.6%
Asian0.0%
Hispanic or Latino (any race)1.3%
Two or More Races0.0%

Economy & Income

$95,278

Median Household Income

$51,534

Per Capita Income

5.1%

Poverty Rate

3.1%

Unemployment Rate

Housing

$566,200

Median Home Value

$1,902

Median Rent

65.6%

Owner-Occupied

Education

90.6%

High School+

33.9%

Bachelor's+

Commute

2.5%

Drive Alone

79.6%

Public Transit

8.8%

Work From Home

27.2 min

Avg Commute

Community Profile

11.0%

Foreign Born

76.2%

Non-English at Home

6.2%

Veterans

16.5%

With Disability

97.1%

Health Insurance

93.1%

Internet Access

Employment by Industry

Professional, Scientific & Management26.4%
Finance, Insurance & Real Estate10.7%
Manufacturing9.1%
Education, Health Care & Social Services8.0%
Information7.7%
Public Administration7.2%
Construction5.6%
Arts, Entertainment & Food Services4.9%
Retail Trade4.8%
Transportation & Warehousing1.6%
Agriculture & Mining0.1%

Largest cities in Massachusetts

Largest counties in Massachusetts

Part of Massachusetts

Metro areas in Massachusetts

City rankings

Frequently Asked Questions

Peabody, Massachusetts has a population of 54,180 according to the US Census Bureau's 2023 American Community Survey 5-year estimates, making it the 24th-largest city in Massachusetts.

The median household income in Peabody, Massachusetts is $95,278, with 5.1% of residents living below the federal poverty level.

The median home value in Peabody, Massachusetts is $566,200, with median monthly rent at $1,902 and a homeownership rate of 65.6%.

The median age in Peabody, Massachusetts is 46.6 years. The population is 47.6% male and 52.4% female.

The population has grown 7.8% since 2010 (51,399 → 55,418).

Data from the American Community Survey (ACS) 5-Year estimates.

Source: U.S. Census Bureau ACS, 2026.