Massachusetts / Essex County

Moving to Peabody, MA

Thinking of making a move to Peabody, MA? Get helpful local information about living costs, neighborhoods, schools, weather, housing, DMV details, and practical relocation details before you plan your move.

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Everything You Should Know Before Moving to Peabody, MA

Considering a move to Peabody, MA? This welcoming community of 54,481 residents offers a blend of suburban charm and convenience, with median home prices around $555,000 and average rents near $2,150. Commute times average 29 minutes and public transport is accessible, making it great for professionals. The area boasts low violent crime, strong schools, and plenty of sunny days (54% annually), ideal for families and commuters alike. Explore Peabody's cost of living, education, and friendly neighborhoods to see if it's the right fit for your next move.

Demographics - Peabody, MA

Peabody has a population of 54,481 residents, offering a diverse community with a median age of nearly 45 and a balanced gender ratio. The area features a strong blend of backgrounds, with about 83% White, 3% Black, and 4% Asian residents, and over 17% speaking a language other than English at home. Its high population density contributes to a lively suburban atmosphere.

Population
54,481
Density
2,800 per sq mi
Median Age
45.2
Gender Ratio
92 males per 100 females
Non-English Speakers Percentage
17.2%

Ethnic Composition

White
82.5%
Black
3.0%
Asian
3.6%
Others
10.9%

Cost Of Living

What is the average cost of living in Peabody, MA?

The cost of living in Peabody is higher than the national average, with a cost of living index of 130.6. Median home values are around $555,000 and average rents for a two-bedroom apartment are approximately $2,150. Utilities, groceries, and transportation costs are also elevated, reflecting the area's desirable location and amenities.

Median House Value
$555,000
Gross Rent
$2,150
Monthly Electricity Charges
$120
Auto Insurance
$1,420
House Owner Cost With Mortgage
$2,650
House Owner Cost Without Mortgage
$950
State Taxes
Low: 5.0%| High: 9.0%
Cost Of Living Index
130.6
Grocery
124.2
Housing
143.6
Utilities
112.8
Transportation
117.4
Health Care
118.2
Miscellaneous
112.3

Crime

Is Peabody, MA a safe place to live?

Peabody is considered a safe community, with a low violent crime rate of 179 incidents per 100,000 residents and a property crime chance of 1 in 77. Most residents enjoy peace of mind, making it an attractive choice for families. The crime index remains below many urban areas in Massachusetts.

Violent Crimes Per 100k
179
Property Crimes Per 100k
1,306
Crime Index
1,485
Chance Of Violent Crime
1 in 558
Chance Of Property Crime
1 in 77

Weather

What is the weather like in Peabody, MA year-round?

Peabody experiences four distinct seasons, with warm summers reaching highs of 83°F and cold winters dipping to 20°F. The area receives about 48 inches of rainfall annually and enjoys sunshine on 54% of days. This climate offers residents a balanced mix of outdoor opportunities year-round.

Winter

Min
20°F
Max
38°F

Summer

Min
62°F
Max
83°F

Spring

Min
40°F
Max
64°F

Fall

Min
44°F
Max
68°F
Average Rainfall Inches
47.6 inches
Sunny Days Percentage
54%

Neighbors

The neighborhood boasts a healthy median household income of $81,300 and a low poverty rate of 7.8%. Over 92% of residents have at least a high school diploma, and nearly 33% hold a bachelor's degree or higher. Commute times average 29 minutes, and almost 7% use public transportation, reflecting the area's accessibility and educated population.

Median Income
$44,800
Household Income
$81,300
Family Income
$98,700
Per Capita Income
$41,500
Income Male
$54,200
Income Female
$42,900
Poverty Rate
7.8%
Non English Speakers
17.2%
Rent
$2,150
Unemployment Rate
4.1%
Public Transport Usage
6.6%
Commute Time
28.8 minutes

Education

High School or Higher
91.6%
Bachelors or More
33.1%

Education

How are the schools in Peabody, MA?

Peabody offers quality education options, with public schools like Peabody Veterans Memorial High School and J. Henry Higgins Middle School known for favorable student-to-teacher ratios. Families also have access to private schools and several nearby colleges, including Salem State University. The community is committed to educational excellence for all age groups.

Public Schools

Name
Peabody Veterans Memorial High School
Street
485 Lowell St
Phone
978-536-4500
Students
1,450
Student Teacher Ratio
12.6
Name
J. Henry Higgins Middle School
Street
85 Perkins St
Phone
978-536-4800
Students
1,200
Student Teacher Ratio
13.1

Private Schools

Name
Bishop Fenwick High School
Street
99 Margin St
Phone
978-587-8300
Students
380

Colleges

Name
Salem State University
City
Salem
State
MA
Distance
3 miles
Students
7,700

Healthcare

Peabody residents have access to quality healthcare, with major hospitals like Lahey Medical Center, Peabody and North Shore Medical Center (Salem Hospital) nearby. The community benefits from a high physician-to-resident ratio of 2.7 per 1,000 people and 96.2% health insurance coverage. Local healthcare services are reliable and comprehensive.

Major Hospitals

Name
Lahey Medical Center, Peabody
Address
1 Essex Center Dr, Peabody, MA 01960
Phone
(978) 538-4000
Type
General & Surgical
Emergency Services
Yes
Name
North Shore Medical Center (Salem Hospital)
Address
81 Highland Ave, Salem, MA 01970
Phone
(978) 741-1200
Type
General & Surgical
Emergency Services
Yes

Healthcare Access

Physicians Per 1000
2.7
Health Insurance Coverage
96.2%
Health Care Index
78.1

Housing Market

What is the housing market like in Peabody, MA?

The local housing market is strong, with a median home price of $555,000 and an owner-occupied rate of nearly 67%. The market has seen a 7.1% appreciation over the past year, and rental vacancy rates remain moderate at 4.2%. Peabody offers a mix of stability and opportunity for both buyers and renters.

Median Home Price
$555,000
Average Rent For 2 Bedroom
$2,150
Owner Occupied Rate
67.4%
Rental Vacancy Rate
4.2%
Home Appreciation Rate (1yr)
7.1%
New Construction Rate
1.3%
Foreclosure Rate
0.3%

DMV Information

Residents of Peabody handle vehicle services through the Massachusetts Registry of Motor Vehicles, conveniently located in Boston. The state DMV provides driver licensing, vehicle registration, and other essential services both in person and online. Information and resources are easily accessible for new and existing residents.

State
Massachusetts
Department
Massachusetts Registry of Motor Vehicles
Address
136 Blackstone St, Boston, MA 02109
Phone
1-857-368-8000

Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.

FAQs About Moving to Peabody, MA

Answers use the same city data shown on this page, including costs, housing, schools, safety, weather, healthcare, and DMV details.

Before moving to Peabody, review the core fields on this page: population 54,481, median home value $555,000, average rent for 2 bedroom $2,150, commute time 28.8 minutes, and sunny days percentage 54%.

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