2024 Compare Cities Economy:
Peabody, MA vs Salem, MA

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Highlights
- Household income in Salem, is 13% less than it is in Peabody and is 5% above the National Average.
- Peabody unemployment rate is 6.5%.
- Salem unemployment rate is 7.1%.
 Peabody, MASalem, MAUnited States
 Unemployment Rate6.5%7.1%6.0%
 Recent Job Growth3.0%3.0%1.6%
 Future Job Growth35.6%36.3%33.5%
 Sales Taxes6.3%6.3%6.2%
 Income Taxes5.1%5.1%4.6%
 Income per Cap.$44,056$42,944$37,638
 Household Income$83,570$72,884$69,021
 Family Median Income$106,692$90,663$85,028
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 Est. Households By Income
 Peabody, MASalem, MAUnited States
 Income Less Than 15K8.5%10.6%9.4%
 Income between 15K and 20K1.8%6.0%3.8%
 Income between 20K and 30K8.7%7.9%8.1%
 Income between 30K and 40K6.6%6.4%8.0%
 Income between 40K and 50K4.7%5.4%7.6%
 Income between 50K and 60K6.3%5.6%7.2%
 Income between 60K and 75K8.9%10.4%9.6%
 Income between 75K and 100K13.5%11.1%12.8%
 Income between 100K and 150K20.4%17.6%16.3%
 Income between 150K and 200K10.3%9.0%7.8%
 Income greater than 200K10.4%10.1%9.5%
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 Population By Occupation
 Peabody, MASalem, MAUnited States
 Management, business, finance16.1%22.1%16.4%
 Engineering, computers, science7.1%5.4%6.5%
 Community, social services1.4%2.6%1.8%
 Legal1.0%1.1%1.2%
 Education, library5.7%8.1%6.2%
 Arts, design, media, sports, entertainment1.7%2.3%2.0%
 Healthcare practitioners and technology8.2%4.9%6.2%
 Healthcare support3.1%3.3%3.3%
 Firefighters, law enforcement2.4%2.0%2.1%
 Food preparation, serving6.8%5.3%5.4%
 Building maintenance3.2%3.9%3.6%
 Personal care3.7%3.3%2.6%
 Sales, office, administrative support22.4%22.9%20.9%
 Farming, fishing, forestry0.0%0.0%0.6%
 Construction, extraction, maintenance/repair7.7%4.6%8.1%
 Production, transportation, material moving9.5%8.0%13.1%
Reviews for Peabody    0 Reviews

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Reviews for Salem    4 Reviews

I've been in Salem, Massachusetts for a year now because it brought me up here for my husband's job. Salem may be a great place to visit during Halloween but other  More

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Over 11 years ago

My husband and I move to Salem, MA from Long Island NY five years ago and we love it! We kept on visiting for Halloween and we just decided to move here for the hell of  More

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Over 17 years ago

We are family friendly, albeit strange. We celebrate Halloween for a month. Check out the Haunted Happenings  More

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