Peabody, MA · standard
ZIP Code 01960
Essex County, Massachusetts - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 50,944
- 1,229/sq mi High-density area
- $96,501
- Median income Above-median income area
- $596,700
- Median home value Above-median home value
- 34.9%
- Bachelor's or higher Above-average bachelor's attainment
National ZIP placement
Peabody pairs an upper-quartile household income with top-decile home values, in a low-density, homeowner-dominated and unusually populous area.
- Top 21%
- household income, US ZIPs
- Top 9%
- home value, US ZIPs
- 1,229
- people per sq mi
- 65%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 01960 against every reporting US ZIP.
FHFA HPI release change
What changed in the latest House Price Index year
- FHFA House Price Index values in ZIP 01960 (Peabody, MA) rose +5.2% from 2023 to 2024. The all-transactions index moved from 247.5 in 2023 to 260.3 in 2024 (2000 = 100).
ZIP code 01960 is a densely settled ZIP (a standard USPS delivery area) in Peabody, Essex County, Massachusetts, with 50,944 residents across 41.5 square miles, a density of 1,229 people per square mile, in the New York time zone.
ZIP 01960 lands in the middle-income range, with a median household income of $96,501 (17% below the average Massachusetts ZIP), while per-capita income is $50,850. The poverty rate is 7.7%, with unemployment at 4.9%; those measures add context to the income figure. Median home value is $596,700 (0% below the average Massachusetts ZIP) and median rent is $1,950; 65.4% of occupied homes are owner-occupied.
A solid share of residents have a four-year degree: 34.9% of adults hold a bachelor's degree or higher, the median age is 45.2, and the average commute is 26 minutes. The page also surfaces 10 ZIP codes within roughly 10 miles and 6 more in Essex County, so 01960 can be compared with both its immediate and county-level context.
Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →
Top industries in ZIP 01960
Top 5 sectors by establishment count in Peabody, MA
Which industries have the most business establishments in ZIP 01960.
- Retail trade
Retail trade
258 establishments
- Construction
Construction
205 establishments
- Health care and social assistance
Health care and social assistance
182 establishments
- Other services (except public administration)
Other services (except public administration)
166 establishments
- Accommodation and food services
Accommodation and food services
138 establishments
What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 01960, Peabody, MA · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.
Quick Facts
50,944
Population
41.5
Area (sq mi)
1,229
People / sq mi
New York
Time Zone
standard
ZIP Type
Who lives in ZIP 01960?
45.2
Median Age
48.0%
Male
52.0%
Female
17.4%
Foreign-Born
Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How much do residents earn?
$96,501
Median Household Income
-17% vs state ZIP avg
$50,850
Per Capita Income
7.7%
Poverty Rate
4.9%
Unemployment Rate
25.8 min
Mean Commute Time
How ZIP 01960 ranks nationally
Peabody, MA household income vs. every US ZIP code
Median household income, the full national distribution, with this ZIP marked
$96,501 Top 21% higher than 79% of 30,318 US ZIPs
Each bar is a $20K-wide band; taller bars hold more US ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
Housing stock: occupied vs vacant
22,863housing units
22,863
Total Housing Units
22,242
Occupied Units
621
Vacant Units
2.42
Avg Household Size
Occupancy Type
$596,700
Median Home Value
-0% vs state ZIP avg
$1,950
Median Rent
1966
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
FHFA House Price Index, annual appreciation data based on repeat sales and appraisals
+5.2%
YoY Change (2024)
260
HPI Index (2000 = 100)
+160%
Total Change Since 2000
Home values in ZIP 01960 have increased 5.2% over the past year (2024). Since 2000, this ZIP has seen +160% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +4.7% | 189 |
| 2021 | +10.9% | 209 |
| 2022 | +10.9% | 232 |
| 2023 | +6.6% | 247 |
| 2024 | +5.2% | 260 |
Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.
What businesses operate in this ZIP?
Census Bureau data shows 1,524 business establishments in ZIP 01960, employing approximately 21,323 people with a combined annual payroll of $1,290,982,000.
1,524
Businesses
21,323
Employees
$1.3B
Annual Payroll
16
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Retail trade | 258 | 16.9% |
| Construction | 205 | 13.4% |
| Health care and social assistance | 182 | 11.9% |
| Other services (except public administration) | 166 | 10.9% |
| Accommodation and food services | 138 | 9.1% |
| Professional, scientific, and technical services | 116 | 7.6% |
| Administrative and support and waste management and remediation services | 104 | 6.8% |
| Transportation and warehousing | 72 | 4.7% |
| Finance and insurance | 66 | 4.3% |
| Wholesale trade | 58 | 3.8% |
| Manufacturing | 54 | 3.5% |
| Real estate and rental and leasing | 50 | 3.3% |
| Information | 18 | 1.2% |
| Educational services | 13 | 0.8% |
| Arts, entertainment, and recreation | 13 | 0.8% |
| Management of companies and enterprises | 9 | 0.6% |
Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.
Nearby ZIP Codes
Want a side-by-side? Compare 01960 vs 01904 →
ZIP 01960 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 01960
Peabody (01960)
50,944 residents
- 01902
Lynn (01902)
45,139 residents
- 01970
Salem (01970)
41,109 residents
- 01906
Saugus (01906)
26,660 residents
- 01923
Danvers (01923)
26,342 residents
- 01905
Lynn (01905)
25,251 residents
- 01904 18,203
Lynn (01904)
18,203 residents
- 01940 12,108
Lynnfield (01940)
12,108 residents
- 01949 8,987
Middleton (01949)
8,987 residents
What this shows Among its immediate neighbors, ZIP 01960 ranks the most populous - useful context the national average alone can't give.
ZIP 01960 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 01940
Lynnfield (01940)
$173,214 median income
- 01949
Middleton (01949)
$167,402 median income
- 01923
Danvers (01923)
$125,395 median income
- 01906
Saugus (01906)
$101,539 median income
- 01904
Lynn (01904)
$99,614 median income
- 01960
Peabody (01960)
$96,501 median income
- 01970
Salem (01970)
$85,041 median income
- 01905
Lynn (01905)
$84,333 median income
- 01902 $67,046
Lynn (01902)
$67,046 median income
What this shows By household income, ZIP 01960 ranks #6 of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 01904 | Lynn, MA | 18,203 | 2.9 mi |
| 01923 | Danvers, MA | 26,342 | 3.0 mi |
| 01937 | Hathorne, MA | 151 | 3.6 mi |
| 01940 | Lynnfield, MA | 12,108 | 3.3 mi |
| 01905 | Lynn, MA | 25,251 | 4.7 mi |
| 01970 | Salem, MA | 41,109 | 3.8 mi |
| 01902 | Lynn, MA | 45,139 | 4.6 mi |
| 01901 | Lynn, MA | 1,689 | 5.2 mi |
| 01906 | Saugus, MA | 26,660 | 5.0 mi |
| 01949 | Middleton, MA | 8,987 | 5.4 mi |
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 01960, both outside MA so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).
Similar population
Nearest cross-state ZIPs by resident population (50,944 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Essex County
Related Areas
Frequently Asked Questions
What county is ZIP code 01960 in?
ZIP code 01960 (Peabody) is located in Essex County, Massachusetts. Essex County contains multiple ZIP codes, see the full list at /counties/essex-ma.
What is the population of ZIP code 01960?
ZIP code 01960 in Peabody, MA has a population of 50,944 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 01960?
The median household income in ZIP 01960 is $96,501, which is 26% above the national average of $76,288.
What is the average home value in ZIP 01960?
The median home value in ZIP 01960 is $596,700, which is 115% above the national average of $278,155.
What is the demographic makeup of ZIP 01960?
The largest racial group in ZIP 01960 is White at 75.2%. Hispanic or Latino residents make up 14.6% of the population.
How many businesses are in ZIP code 01960?
ZIP code 01960 has 1,524 business establishments employing approximately 21,323 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 01960?
The top industries by establishment count in ZIP 01960 are: Retail trade (258), Construction (205), Health care and social assistance (182). There are 16 industry sectors represented in total.
How have home values changed in ZIP code 01960?
According to the FHFA House Price Index, home values in ZIP 01960 increased by 5.2% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 160%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 01960?
In ZIP code 01960, 64.8% of residents aged 25+ have a high school diploma or higher, and 34.9% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 01960?
The mean commute time for workers in ZIP code 01960 is 25.8 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 01960?
In ZIP code 01960, approximately 65.4% of occupied housing units are owner-occupied and 34.6% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 01960?
The poverty rate in ZIP code 01960 is 7.7% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.
Related
Take this with you
What to do with ZIP 01960's numbers, next.
- See how ZIP 01960 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Peabody, MA ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
- Save this ZIP to your shortlist to track alongside others you're considering View your shortlist
ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.