Peabody Massachusetts Real Estate
Peabody, Massachusetts, is located in Essex County, 4 miles N of Lynn, Massachusetts and 14 miles N of Boston, Massachusetts. Peabody has a population of 48,129.
Peabody Homes
Peabody properties pool is 18,581 residential properties including Peabody new homes. Median age of real estate in Peabody is 1959. Average Household size is 3.09 people. 3% are one bedroom homes, 22% are 2 bedroom homes, 53% are 3 bedroom homes, 18% are 4 bedroom homes, and 4% are 5+ bedroom homes.
Peabody Mortgage Statistics
Peabody mortgages vs. USA median statistics
| Homes |
Peabody |
USA |
| Homes With No Mortgage |
31% |
30% |
| Homes With Mortgage |
69% |
70% |
| First Mortgage Only |
53% |
54% |
| First & Second Mortgage or HELOC |
17% |
16% |
Peabody Area Real Estate Tax
Peabody Real estate Tax: Median Real Estate Taxes (2000) were $1,757 comparing to 1999 Median Family income $ 65,483. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).
Peabody School District: Children make up 22.3% of Peabody population. Peabody has 10,716 under 18 years old residents, or 0.45 kids per one worker, or 0.58 kids per one household.
Peabody Real Estate & Peabody Homeownership
There are 4645.25 or 25% one person households, 5945.92 or 32% two person households, and 3158.77 or 17% three person households in Peabody, Massachusetts. Median residents age is 40.3, Senior citizens (65+) make up 8,398 or 17.4%% of Peabody population.
There are 23,882 workers (over 16 years of age) in Peabody. Of these, 94.03% drive to work. Approximately 2.24% of workers in Peabody take public transportation. An estimated 1.27% walk to work.
Median Peabody homeowner's housing expences are 18.6%
Crime in Peabody (2003), crimes per 10,000 residents per year
| Type of Crime |
Peabody |
USA, 2003 |
| Violent Crimes |
21.4 |
47.5 |
| Robberies |
3.95 |
14.2 |
| Aggravated Assaults |
16.62 |
29.5 |
| Property Crimes |
279.04 |
358.8 |
| Burglaries |
56.51 |
74.0 |
| Larceny-Thefts |
195.31 |
241.5 |
| Motor Vehicle Thefts |
27.22 |
43.3 |
Invest in Peabody Properties
When making a decision about buying real estate in Peabody Massachusetts area, you should consider following statistical data:
| Category |
Peabody |
USA |
| Near Medium City |
Lynn, Massachusetts |
- |
| Near Large City |
Boston, Massachusetts |
- |
| Peabody Zip Codes |
01960 |
- |
| Peabody Area Codes |
978 |
- |
| White population |
93.92% |
75.1% |
| African-American population |
0.97% |
12.3% |
| Asian |
1.39% |
3.6% |
| American Indian & Alaskan |
0.12% |
0.9% |
| Hispanic (of any race) |
3.43% |
12.5% |
| Median Family Income (1999) |
$ 65,483% |
$42,000 |
| Population Below Poverty Level |
5.26% |
12.4% |
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