HomeMassachusettsEssex CountyBeverly city
Beverly city, Massachusetts: commercial real estate data.
Beverly city is a Census city of 42,665 people across 15.09 square miles of land, in Essex County. Median household income is $106,044, 60.1 percent of occupied homes are owned, and the SBA record carries 128 7(a) approvals to borrowers here worth $28.8 m.
78 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Beverly
What Beverly is
- Census place typecity
- Land area15.09 sq mi
- Water area7.5 sq mi
- Population per square mile of land2,827
- County holding the largest share of its areaEssex County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Beverly
How many people live in Beverly
- Population42,665
- Median age39.0
- Population under 187,888
- Share under 1818.5 percent
- Population 65 and over8,270
- Share 65 and over19.4 percent
- Households16,980
- Family households10,131
- Share of households that are families59.7 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Beverly
Income and work in Beverly
- Median household income$106,044
- Per capita income$56,531
- Civilian labor force23,905
- Employed22,856
- Unemployed1,049 plus or minus 212
- Unemployment rate4.4 percent
- Adults 25 and over29,283
- Adults 25 and over with a high school diploma or higher96.4 percent
- Adults 25 and over with a bachelor degree or higher53.4 percent
- Adults 25 and over with a graduate degree19.5 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Beverly
Housing in Beverly
- Housing units17,630
- Occupied units16,980
- Vacant units650 plus or minus 211
- Vacancy rate3.7 percent plus or minus 1.2
- Owner occupied10,212
- Renter occupied6,768
- Ownership rate60.1 percent
- Median owner-occupied home value$650,300
- Median gross rent, monthly$1,771
- Annual rent as a share of median income20.0 percent
- Single family units9,535
- Share single family54.1 percent
- Units in buildings of two or more8,087
- Share in buildings of two or more45.9 percent
- Mobile homes0
- Median year structure built1956
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Beverly
How Beverly gets to work
- Workers 16 and over who commute17,466
- Commuting under 15 minutes5,038
- Share commuting under 15 minutes28.8 percent
- Commuting 30 minutes or more7,792
- Share commuting 30 minutes or more44.6 percent
- Drove alone60.6 percent
- Carpooled4.9 percent plus or minus 1.1
- Public transport5.3 percent plus or minus 1.3
- Walked4.7 percent plus or minus 1.5
- Worked from home22.3 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Beverly
SBA loans in Beverly (7(a))
- Approvals128
- Gross approval$28,797,000
- Average approval$224,977
- Median approval$100,000
- Ninetieth percentile approval$500,000
- Largest approval$5,000,000
- Jobs supported1,108
- Jobs per approval8.7
- Loans with a final outcome22
- Paid in full21
- Charged off1
- Charge-off rate over resolved loans4.5 percent
- Median term120 months
- Share on real estate terms of 20 years or more0.8 percent
- Share to franchises5.5 percent
- Distinct lenders29
- Distinct industries by NAICS71
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Beverly
SBA loans in Beverly (504)
- Approvals44
- Gross approval$23,252,000
- Average approval$528,455
- Median approval$374,000
- Largest approval$2,832,000
- Jobs supported611
- Loans with a final outcome14
- Charged off0
- Charge-off rate over resolved loans0.0 percent
- Median term240 months
- Distinct CDCs3
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Essex County, not Beverly
Essex County context, not Beverly figures
These are Essex County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Beverly measurements.
- Establishments in Essex County19,988
- Employment at those establishments, Essex County287,960
- Covered employment, Essex County323,694
- Average annual pay, Essex County$75,548
- Average weekly wage, Essex County$1,453
- Housing units permitted, Essex County1,011
- Of those, single family, Essex County393
- County product, 2024, Essex County$60,732,738,000
- County product change over the prior year, Essex County4.3 percent
- Average income of an arriving household, Essex County$106,455
Every figure in this section is published for Essex County as a whole and is not a measurement of Beverly. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Beverly questions, answered from the record.
How many people live in Beverly, Massachusetts?
42,665, in 16,980 households. Beverly city covers 15.09 square miles of land, which is 2,827 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Beverly in?
Essex County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Beverly?
$106,044. The median owner-occupied home is valued at $650,300. Median gross rent is $1,771 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Beverly businesses?
128 7(a) approvals totalling $28.8 m, across 29 lenders, median approval $100,000, plus 44 504 approvals worth $23.3 m. These count approvals to borrowers whose address is in Beverly, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Beverly borrowers get paid back?
Of the 22 loans that have reached a final outcome, 21 were paid in full and 1 charged off, a charge off rate of 4.5 percent. Loans still running are excluded because they have not yet succeeded or failed.
Are the county figures on this page Beverly figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Essex County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Beverly.
Is zoning published for Beverly?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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