Peabody is a city in Essex County, Massachusetts. Peabody is located in the North Shore region of Massachusetts. The town began as a farming community, but its streams attracted mills which operated by water power. In particular, Peabody was a major center of New England’s leather industry, which attracted immigrants from all around. In the April 2009 edition of Forbes magazine, Peabody was ranked the 14th most livable city in the United States. The population for Peabody is 52,491 people residing in the city and a total of 22,220 housing units.
The racial background of the city is 90.4% White, 2.4% African American. 6.3% Hispanic or Latino of any race, 1.9% Asian, and 3.8% from other races.
The median income for a household in the city was $65,515, and the median income for a family was $80,471. About 4.4% of families and 6.3% of the population were below the poverty line, including 5.8% of those under age 18 and 7.9% of those age 65 or over.
Peabody, MA Multi-family Property Market Data for 2017
The following set of numbers are the key indicators for the Peabody multifamily market. The city of Peabody has roughly 1,336 properties according public records. We will update this list on a monthly basis with the three primary market drivers. To view Peabody listings click here.