HomeMassachusettsEssex CountyPeabody
Peabody, Massachusetts: commercial real estate data.
Peabody is a Census city of 54,695 people across 16.24 square miles of land, in Essex County. Median household income is $96,657, 65.6 percent of occupied homes are owned, and the SBA record carries 126 7(a) approvals to borrowers here worth $27.1 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Peabody
What Peabody is
- Census place typecity
- Land area16.24 sq mi
- Water area0.57 sq mi
- Population per square mile of land3,369
- 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.
Peabody
How many people live in Peabody
- Population54,695
- Median age45.3
- Population under 1810,249
- Share under 1818.7 percent
- Population 65 and over13,277
- Share 65 and over24.3 percent
- Households22,390
- Family households14,036
- Share of households that are families62.7 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Peabody
Income and work in Peabody
- Median household income$96,657
- Per capita income$51,060
- Civilian labor force29,646
- Employed28,195
- Unemployed1,451 plus or minus 329
- Unemployment rate4.9 percent plus or minus 1.1
- Adults 25 and over40,707
- Adults 25 and over with a high school diploma or higher90.3 percent
- Adults 25 and over with a bachelor degree or higher35.0 percent
- Adults 25 and over with a graduate degree12.4 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Peabody
Housing in Peabody
- Housing units23,081
- Occupied units22,390
- Vacant units691 plus or minus 288
- Vacancy rate3.0 percent plus or minus 1.2
- Owner occupied14,688
- Renter occupied7,702
- Ownership rate65.6 percent
- Median owner-occupied home value$596,200
- Median gross rent, monthly$1,950
- Annual rent as a share of median income24.2 percent
- Single family units12,820
- Share single family55.5 percent
- Units in buildings of two or more9,716
- Share in buildings of two or more42.1 percent
- Mobile homes545 plus or minus 131
- Median year structure built1966
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Peabody
How Peabody gets to work
- Workers 16 and over who commute24,491
- Commuting under 15 minutes5,827
- Share commuting under 15 minutes23.8 percent
- Commuting 30 minutes or more8,990
- Share commuting 30 minutes or more36.7 percent
- Drove alone77.4 percent
- Carpooled7.0 percent plus or minus 1.9
- Public transport1.9 percent plus or minus 0.8
- Walked1.0 percent plus or minus 0.4
- Worked from home10.3 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Peabody
SBA loans in Peabody (7(a))
- Approvals126
- Gross approval$27,147,600
- Average approval$215,457
- Median approval$95,000
- Ninetieth percentile approval$500,000
- Largest approval$2,129,000
- Jobs supported932
- Jobs per approval7.4
- Loans with a final outcome20
- Paid in full20
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more4.0 percent
- Share to franchises3.2 percent
- Distinct lenders31
- Distinct industries by NAICS64
Counted by borrower city: approvals to borrowers whose address is in Peabody, in any county, FY2020 to FY2026. Only 20 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Peabody
SBA loans in Peabody (504)
- Approvals33
- Gross approval$30,343,000
- Average approval$919,485
- Median approval$431,000
- Largest approval$5,000,000
- Jobs supported287
- Loans with a final outcome15
- Charged off0
- Median term240 months
- Distinct CDCs3
Counted by borrower city: approvals to borrowers whose address is in Peabody, in any county, FY2010 to FY2026. Only 15 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Peabody
Flood risk in Peabody
- NFIP communityCity of Peabody
- NFIP community number250099
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date07/08/25
The City of Peabody participates in the National Flood Insurance Program as community 250099 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Essex County, not Peabody
Essex County context, not Peabody figures
- Establishments in Essex County19,988
- Covered employment, Essex County323,694
- Average annual pay, Essex County$75,548
- Housing units permitted, Essex County1,011
Every figure in this section is published for Essex County as a whole and is not a measurement of Peabody.
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.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Peabody questions, answered from the record.
How many people live in Peabody, Massachusetts?
54,695, in 22,390 households. Peabody city covers 16.24 square miles of land, which is 3,369 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Peabody 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 Peabody?
$96,657. The median owner-occupied home is valued at $596,200. Median gross rent is $1,950 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Peabody businesses?
126 7(a) approvals totaling $27.1 m since FY2020, across 31 lenders, median approval $95,000, plus 33 504 approvals worth $30.3 m since FY2010. These count approvals to borrowers whose address is in Peabody, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Peabody borrowers get paid back?
No rate is published for Peabody. Only 20 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Peabody in the National Flood Insurance Program?
Yes. Peabody appears in the FEMA Community Status Book as Peabody, city of, community 250099, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Peabody figures?
No, and they are labeled 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 Peabody.
Is zoning published for Peabody?
No. Nothing on this page presents parcel level zoning.
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