01960 ZIP Code – Peabody, Massachusetts

Located in Peabody, Massachusetts, ZIP code 01960 is a large ZIP code within Essex County with a population of approximately 54,057 residents. The median household income is $91,032 — below the Massachusetts average and above the national average. Homes in this ZIP code have a median value of $508,600, well above the national average, with 65.4% owner-occupied housing (increasing). ; median rent of $1,795 is similarly well above the national average. Housing consists of 57% single-family (increasing), 28% apartments (increasing), 13% duplex/multi-family.

The area reports an unemployment rate of 4.9%, near the national average. An estimated 6.5% of the population falls below the poverty line, well below the national figure. Bachelor's degree attainment is 33.7%, above the national average. The population has a median age of 46.4, near the national median. The surrounding area includes ZIP codes 01904, 01923, 01940.

ZIP Code 01960 Data

Population 54,057
Median Household Income $91,032
Median Home Value $508,600
Median Rent $1,795
Median Age 46.4
Unemployment Rate 4.9%
Poverty Rate 6.5%
Bachelor's Degree or Higher 33.7%
County Essex County

ZIP 01960 vs. Massachusetts vs. U.S.

MetricZIP 01960MA Avg.U.S. Avg.
Population54k13k10k
Median Household Income$91k$107k$73k
Median Home Value$508k$528k$258k
Median Rent$1,795$1,563$1,088
Median Age46.444.343.2
Unemployment Rate4.9%5.0%5.0%
Poverty Rate6.5%8.7%13.3%
Bachelor's Degree or Higher33.7%47.7%26.9%

Demographics Charts

Race & Ethnicity

Gender

Education Level (adults 25+)

Nearby ZIP Codes

Nearby ZIP Code Comparison

ZIP Code City Population Median Income
01904 LYNN 20,078 $94,809
01923 DANVERS 27,734 $116,636
01940 LYNNFIELD 13,072 $157,955
01937 HATHORNE 176 Not provided
01902 LYNN 51,931 $59,445