Peabody, MA Tier 3

Tier 3 · solid schools · 13 miles from downtown Boston, about 45 minutes door-to-door at peak · 66% of households own their home.

Peabody, Massachusetts
Peabody · photo via Wikipedia
4BR house
$735k
$575k townhouse · $425k condo
Cheaper than 50% of MA towns
Property tax
$7,000/yr
$9.47 per $1,000 on that house
Lower than 76% of MA towns
To downtown Boston
45 min
No MBTA rail
Closer than 78% of MA towns
Schools
26th pct
growth 48th · 84% graduate
Behind 74% of MA districts

marks the Massachusetts median of $750k for a 4BR, $9,100 in tax and 62 min to Boston. Prices and the tax bill are estimates, not appraisals.

About Peabody

Peabody is a middle-tier school district north of Boston, about 13 miles from downtown Boston as the crow flies and 45 minutes door-to-door at peak, and moderately priced by Massachusetts standards: roughly $735k for a 4BR house and $425k for a 2BR condo. The residential rate is $9.47 per $1,000, low for Massachusetts, but on a $735k house that is still about $7,000 a year. There is no MBTA rail here, so the commute is by car. The district sits in the 26th percentile statewide on MCAS. Its own municipal power rates and North Shore mall country.

The good, the bad, the ugly

Editorial
Good

Its own municipal power utility keeps electric bills low, and it's 45 minutes in.

Bad

No commuter rail and Tier 3 schools.

Ugly

Downtown floods — the Peabody square flooding problem is decades old and expensive.

Schools and child caresolid schools · 26th MCAS · 10 schools

Public elementary & middle schools

10 public schools in Peabody — 8 elementary and 1 middle
ElementaryPK–5 · 562 students
ElementaryPK–5 · 446 students
ElementaryK–5 · 400 students
ElementaryK–5 · 375 students
ElementaryK–5 · 323 students
ElementaryK–5 · 295 students
ElementaryPK–5 · 283 students
ElementaryPK–5 · 281 students
Middle6–8 · 1,271 students

These are assigned by address, not chosen. A regional district’s schools appear on every member town’s page. Charters are public but allocated by lottery, and are listed separately below.

DESE 2025–26 enrolment report

Before kindergarten

Licensed programs 28 center-based · 62 family child care90
Licensed places, all ages The ceiling these programs may operate to2,341
Places in centers Commercial premises, licensed room by room1,873
Places in family child care A provider’s own home, mixed ages together468
Infant & toddler places in centers Age bands ending under three; family programs are not broken down347
Preschool places in centers Roughly 33 months to kindergarten769

Licensed capacity is not availability. These are places programs may operate, not vacancies. The age split covers centers only — family programs report no breakdown, so 347 is a floor on infant care here, not a count of it.

MA Dept. of Early Education and Care, pulled 2026-08-02 · search current openings

Public School Rankings

Publisher rankingResult
SchoolDigger 2025 · City/locality test-score rank#293 of 361 MA localities
Boston Magazine 2025 · Greater Boston high school#112 of 135 · Peabody Veterans Memorial High School
Official Massachusetts data (DESE)Result
MCAS achievement26th percentile statewide
Student growth (SGP)48th percentile
4-year graduation rate83.7%
DESE accountabilityModerate progress toward targets

Each publisher ranks a different thing. A district, a locality, or one high school, each by its own method — shown separately, never blended.

MCAS percentile is the district’s statewide rank on % Meeting/Exceeding expectations, ELA + Math.

School building projects: No major full-school construction or comprehensive rebuild with a published total project budget was located in the live MSBA, municipal, school-project, contractor, and local-news review completed in July 2026. This does not mean no school capital work occurred.

Charter School Options

3 charter schools near Peabody
Adjacent town · LynnTuition-free · lotteryK–12 · Charter (public, tuition-free) · growth 49th pct · 97.6% graduate · Moderate progress toward targets · $21k/pupil
Adjacent town · SalemTuition-free · lottery6–12 · Charter (public, tuition-free) · growth 56th pct · 95.6% graduate · Substantial progress toward targets · $21k/pupil
Adjacent town · SaugusTuition-free · lotteryK–12 · Charter (public, tuition-free) · growth 70th pct · 93.2% graduate · Meeting or exceeding targets · $17k/pupil

Admission is by lottery, not address — a seat is never guaranteed. Some charters here are alternative or recovery high schools enrolling students already off-track, so their MCAS and graduation figures are not comparable with a traditional school’s.

Public and tuition-free; results from DESE

Available Private School Options

15 private schools in Peabody and within 12 miles
In Peabody9–12 · High school · 451 students · 12:1 student-teacher · ~$18k–$28k/yr (est.)
In PeabodyPK–12 · PK/K–12 · 427 students · 9.4:1 student-teacher · ~$10k–$20k/yr (est.)
In PeabodyPK–8 · Elementary / middle · 391 students · ~$8k–$15k/yr (est.)
Adjacent town · DanversNEASC accredited6–12 · Middle / high · 1,432 students · ~$18k–$28k/yr (est.)
Adjacent town · DanversPK–8 · Elementary / middle · 339 students · ~$8k–$15k/yr (est.)
Adjacent town · DanversPK–12 · PK/K–12 · 169 students · ~$10k–$20k/yr (est.)
Adjacent town · LynnfieldPK–8 · Elementary / middle · 330 students · 12.1:1 student-teacher · ~$8k–$15k/yr (est.)
Adjacent town · LynnPK–12 · PK/K–12 · 862 students · ~$18k–$28k/yr (est.)
Adjacent town · LynnPK–8 · Elementary / middle · 300 students · ~$8k–$15k/yr (est.)
Adjacent town · LynnPK–8 · Elementary / middle · 124 students · ~$10k–$20k/yr (est.)
Adjacent town · SalemAISNE accreditedK–8 · Elementary / middle · 26 students · 8.7:1 student-teacher · ~$32k–$45k/yr (est.)
Adjacent town · WakefieldPK–8 · Elementary / middle · 262 students · ~$8k–$15k/yr (est.)
Adjacent town · WakefieldAISNE accreditedPK–8 · Elementary / middle · 46 students · 7.6:1 student-teacher · ~$32k–$45k/yr (est.)
Waring SchoolNiche #46 · A+
Adjacent town · BeverlyNEASC accredited6–12 · Middle / high · 175 students · 8.2:1 student-teacher · ~$36k–$50k/yr (est.)
Adjacent town · BeverlyNEASC accredited9–12 · Specialized / placement · 289 students · placement/specialized

Tuition is an estimated range by school type, not school-published pricing — a parochial school and an independent day school are priced very differently. Private schools sit no MCAS, so no figure here is a state measure.

How to read this list

Schools within 12 miles of Peabody, from the MA DESE 2025–26 non-public enrollment report plus the Niche ranking of Massachusetts private high schools. Tuition shown as an estimated range by school type, grades and region — not school-published pricing. A parochial school and an independent day school are priced very differently, so treat these as a starting point and confirm with the school. Niche ranks private high schools only, so an elementary school never carries a number; where one shows a letter instead, that is Niche’s own overall grade, which reaches schools no ranked list does. Neither is a state measure — private schools sit no MCAS and report no results to Massachusetts. That Niche extract is also partial, so a school showing neither was not judged and found wanting; it may simply not have been in it. Student numbers are the figure schools do report, from the same DESE return. Where a student-teacher ratio is shown it is students over full-time-equivalent teachers in the federal Private School Universe Survey, 2021–22, the most recent published — a rough guide to class size, not a class size, and not a ranking either. It is shown only where that survey and the state agree on how many pupils the school has, which is why many schools here have none. Accreditation comes from the AISNE member directory, which records whether a school holds AISNE or NEASC accreditation — the two split the work by age rather than compete, AISNE taking the elementary and middle schools and NEASC the secondary ones. It means an outside body has reviewed the school against published standards on a ten-year cycle. It is not a measure of results, and its absence is not a mark against a school: plenty are not members at all. That directory is also where the schools marked files no enrolment with the state come from. They are real schools that simply make no return to Massachusetts, so the state holds no size for them and this page can show none — and for those, the grade range is read off AISNE’s age bands rather than taken from the school, so treat it as approximate and confirm with the school.

The vibe of Peabody

Regional citiesCompact centrehigh confidence

Active, town-centered/mixed, and well provided with recreation programs, playgrounds and athletic fields; mixed in housing stock, from multifamily properties and smaller condos to higher-priced single-family homes, with moderate cultural scene, some visitor activity, and strong gathering-place network.

Energy7
Compact town center7
Family amenities5
Culture6
Visitor presence5
Public gathering places8

Six 1–10 scales for the intensity of each quality, not a score of how good the place is. Higher just means more of that thing. Family amenities counts public recreation infrastructure, not who lives here; these never use race, ethnicity or other protected characteristics, and never measure safety. See the methodology.

What it takes to live here$735k 4BR · ≈$7,000 tax
To buyMedian price (est.)
4BR / 2BA detached house$735k
3BR / 2BA townhouse$575k
2BR condo$425k
Property taxes (FY2026)$9.47 per $1,000 (0.95%)

These are modeled estimates, not listings. Each row opens the real Redfin market in ZIP 01960, and the two will not match.

To rentPer month (est.)
4 bedrooms$3,447/mo
3 bedrooms$3,130/mo
2 bedrooms$2,603/mo
1 bedroom$2,197/mo

These are benchmark rents, not asking rents. HUD sets them at the 40th percentile of standard-quality units, so a nice single-family will ask more — which is why the links are not capped at the figure beside them.

HUD FY2026 Small Area Fair Market Rents for Peabody’s ZIP codes

Home values over the last decade

Peabody home values, 2016–2026Zillow Home Value Index for Peabody, 2016 to 2026: $398k to $711k, up 79 per cent.$360k$554k$748k20162026
Peabody, 2016 to 2026: $398k to $711k, up 79% in 10 years — 6% a year compounded.
If a $735k house grew at…5 yrs10 yrs15 yrs30 yrs
6% — Peabody’s own last decade$984k$1.32M$1.76M$4.22M
3% — inflation, holding its real value$852k$988k$1.15M$1.78M

These are not forecasts. They are what $735k becomes at a fixed rate, shown for two rates because nobody can tell you which one the next thirty years will bring. The last decade included a period of unusually fast growth across Massachusetts; repeating it for thirty years would be a strong assumption. The inflation row is the conservative case — a house that holds its value and earns nothing beyond it. History from the Zillow Home Value Index, a whole-town index that sits at a different level from the 4BR estimate above and is used here for the trend.

What’s around Peabody

dense suburb3,355 people per square mile across 16.2 sq mi a packed suburb — 2,000–5,000 per square mile

What’s hereCount
Cafés and coffee shops
See the list
7
Bookshops
See the list
1
Museums, theatres and galleries0
Colleges and universities0
Public libraryPeabody Institute Library

Density is Census population over land area. Café, bookshop and culture counts are what is mapped in OpenStreetMap — a volunteer map, so a well-mapped town looks busier than a thinly-mapped one. Read a low count as “little mapped here”, not “nothing here”. Colleges are active degree-granting institutions in the federal IPEDS directory; enrolment and campus housing capacity are its 2023 figures. The public library comes from the Massachusetts Board of Library Commissioners, which lists library systems rather than every branch. These figures describe places, never the people in them — see our methodology.

Census snapshot
ACS 2019–2023 (via MAPC DataCommon)Share
Homeowner households66%
White (non-Hispanic)77%
Asian (non-Hispanic)2.0%
Latino / Hispanic12%
African American (non-Hispanic)3.6%
These figures are neutral census facts, shown for every town equally. They are never used to filter, rank, or recommend towns — see our methodology and the federal Fair Housing Act.

Town spending & civic data

PeabodyFigure
Residents54,481
Municipal budgetFY2025, DLS Schedule A$207.4M
School district spending$129.0M
Spending per pupil DESE, total expenditures$20,628
School spending per resident$2,367
Affordable housing units (Ch. 40B inventory)2,391

Budget: FY2025 General Fund total expenditures, DLS Schedule A · Schools: DESE Per Pupil Expenditure · Affordable units: state Subsidized Housing Inventory. Never used to rank or filter towns.

Realistic alternatives to Peabody

TewksburyTier 3
Also Tier 3, 7 min further from Boston
DanversTier 3
Also Tier 3, about $90k more expensive
SaugusTier 3
Also Tier 3, 10 min closer to Boston
HullTier 3
Also Tier 3, higher tax at $11.00 per $1,000
WilmingtonTier 3
Also Tier 3, higher tax at $11.41 per $1,000
WoburnTier 3
Also Tier 3, about $90k more expensive

Surprisingly similar in character

EasthamptonTier 3
Both social and lively · $285k cheaper, 77 min further out
SpringfieldTier 4
Both social and compact · $360k cheaper, 71 min further out

Read next

Peabody is America’s hottest ZIP code. Its tax bill is the real story.
Realtor.com named this the hottest ZIP code in the country for 2026. What the ranking measures, what it misses, and the tax bill that is the better reason.
6 min read
A school rating is an average. Of how many schools?
That one school rating averages 10 elementary and middle schools, and they are not the same place.
6 min read
Charter and private school options for North Shore families
What the charter and private options actually look like from a North Shore address, and where the charter scores below the district it sits in.
8 min read
The best North Shore towns under $900,000
On the North Shore at $735k — inside the budget that clears only ten towns up here.
8 min read
Data statusreviewed August 14, 2026
FigureStatus
Home pricesCalibrated to the Zillow Home Value Index and Redfin market pages. For comparison, not appraisal.Estimate
Property tax rateFY2026 residential rate per $1,000, from municipal assessor and treasurer pages.Sourced
RentsHUD FY2026 Small Area Fair Market Rents, by ZIP.Sourced
School dataDESE published state reports. Publisher ranks carry their own edition and denominator. The school tier is editorial.Sourced
CommuteRail times for the 75 towns we could verify against the MBTA's published timetable are real scheduled journeys, transfers included. Where a town has rail but no verified journey, its rail time is modeled too, and the town page says so. Driving is modeled from distance with corridor adjustments, and station access is a flat allowance. Not measured by a routing API.Measured + modeled

This town’s prices and tax rate are sourced as described in our methodology. Data last reviewed . Full detail on every source is in the methodology.

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