Peabody, MA Employment - Median Household Income, Unemployment Rate

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Key findings

The income per capita in Peabody is 41% higher than the national average
The median household income in Peabody is 46% higher than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Peabody is 44% lower than the national average
The poverty level in Peabody is 49% lower than the national average

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am i middle class

$53,781 $80,681 $161,362

City

$47,297 $70,954 $141,908

State

$36,877 $55,322 $110,644

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Peabody median earnings by income bracket

Peabody employment by industry

Labour Type	Male	Female
Construction industry	10.6%	10.6%
Manufacturing sector	12.6%	12.6%
Financial & insurance services	5.2%	5.2%
Wholesale & retail services	19.1%	19.1%
Public administration	5.3%	5.3%
Transportation, warehousing & utilities	7.4%	7.4%
Education, health & social services	11.1%	11.1%
Other	27.0%	27.0%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Boxford, MA	2,925	$222,153	301.6%
Winchester, MA	22,760	$173,058	212.8%
Newton, MA	88,322	$154,398	179.1%
Lynnfield, MA	12,968	$145,594	163.2%
Belmont, MA	26,158	$140,500	154.0%
Peabody, MA	53,004	$80,681	45.8%

Cities with similar population

City	Population	Household Income	National Avg.
Palm Desert, CA	53,087	$64,295	16.2%
Pensacola, FL	52,918	$56,199	1.6%
Milford city, CT	52,902	$95,785	73.1%
St. Cloud, FL	53,132	$58,623	6.0%
Wheaton, IL	53,157	$105,764	91.2%
Peabody, MA	53,004	$80,681	45.8%

Source: The Peabody, MA employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).

Index	Peabody	Massachusetts	National
Income per capita	$41,990	$38,069	$29,829
Median household income	$80,681	$70,954	$55,322
Median income owner occupied	$97,894	$95,052	$70,586
Median income renter occupied	$50,633	$39,116	$35,192
Median earnings male	$52,360	$45,946	$36,919
Median earnings female	$36,876	$32,028	$26,250
Unemployment rate	2.6%	4.6%	4.7%
Poverty level	7.7%	11.4%	15.1%