Peabody vs Salem

4BR houseLevel
Peabody$735k
Salem$725k
Both mid-range for Massachusetts towns
Tax billOn each town’s own median 4BR$800/yr apart
Peabody$7,000
Salem$7,800
Both mid-range for Massachusetts towns
To BostonLevel
Peabody45 min
Salem47 min
Both among the closest third of Massachusetts towns
SchoolsMCAS percentile, statewide5 percentile points apart
Peabody26th pct
Salem21st pct
Both among the bottom third of Massachusetts districts

marks the Massachusetts median on each scale. The better of the two is picked out where the gap is big enough to call; where neither is, they are level.

The prices are essentially identical, so schools break the tie: Peabody is ahead — 26th percentile on MCAS against 21st.

On tax, look past the rate: Peabody works out roughly $800 a year cheaper on its own median 4BR.

Peabody

Choose Peabody if you want the stronger schools of the two, or the commute matters most.

All Peabody numbers →
Salem

Choose Salem if you want the lower price, or you want a train.

All Salem numbers →

Side by side

Some rows have no better. Town character describes a place rather than ranking it, and per-pupil spending tracks need rather than results, so neither is picked out.

SchoolsSalem ahead on 2 of 8, 1 against
PeabodySalem
School tiersolid schoolsT3solid schoolsT3
MCAS achievementState percentile, all grades26th21st
Student growthHow far the district moves children, not who enrolled48th53rd
Graduation rate83.7%86.3%
State accountabilityDESE’s own summaryModerate progress toward targetsSubstantial progress toward targets
Spending per pupilHigher is not better — it tracks need, not results$20,628$25,712
Schools in the districtElementary and middle buildings the rating averages108
Private schools within 12 miAccredited, the fallback if the district does not fit1615
What a home costsLevel across all 8
PeabodySalem
4BR house$735kT2$725kT2
3BR townhouse$575k$575k
2BR condo$425k$425k
3BR homeZillow’s observed median, houses and condos together — measured, not modeled like the rows above$712k$671k
5+ BR homeZillow’s top bedroom bucket — five OR MORE, so it carries the largest houses in the town. Measured, not modeled like the rows above$921k$932k
3BR rent$3,207/mo$3,343/mo
Income needed for the 4BRHousehold income at our standard assumptions$192k$193k
10-year price growthCompound, 2016–20266% a year6.1% a year
What you pay the townPeabody ahead on 2 of 4
PeabodySalem
Tax ratePer $1,000 of value — not what you pay$9.47T1$10.78T2
Est. tax bill on that 4BRRate times the town’s own median 4BR≈$7,000≈$7,800
Town spending per residentFY2025 general fund, per head$3,807$4,074
Share of budget on schools43%43%
Getting to workSalem ahead on 1 of 3
PeabodySalem
Commute to BostonDoor to door at peak45 minT247 minT3
MBTA railNo MBTA railCommuter rail · ~38 min to terminal
Miles from downtown13 mi13 mi
Before kindergartenPeabody ahead on 3 of 4
PeabodySalem
Licensed child care programsBefore kindergarten9059
Child care placesLicensed capacity, not vacancies2,3411,804
Centers vs family programsThe rest are programs in a provider’s home28 centers21 centers
Infant places in centersFamily programs report no age split347235
What the place is likeDescribes the two, does not rank them
PeabodySalem
Population54,48144,480
Energy7/109/10
Compact center7/109/10
Family amenities5/107/10
Culture6/1010/10
Gathering places8/1010/10

The tax bill is each town’s own rate on its own median 4BR, so a lower rate does not always mean a lower bill. School tiers are editorial, shown beside the state’s own MCAS figures rather than derived from them.

Prices calibrated to Zillow ZHVI and Redfin · FY2026 residential tax rates · rail leg from the MBTA timetable, drive modeled · rents are HUD FY2027 Small Area FMRs · reviewed · methodology. Never uses demographics as an input.

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