Interested in purchasing investment houses in the 01960 zip code in Peabody, MA?
The zip code 01960 is in Essex county with a latitude of -70.972230000000 and longitude of 42.533720000000, is in the state of Massachusetts. The average asking price of houses and condos is $362,086.00 and the average sale price was $280,648.00. this regions is classified as the Boston metro area and consists of the following area codes: 351 and 978. The location in degrees is 42° 32' 1.392" N, 70° 58' 20.028" W. The county F.I.P.S. is 25009. The total land area is 16.0 square miles and the water area is 0.6 square miles. The elevation in this area is 26 - 108 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 01960 is in county number 009 and is L. Sector 08, L. Segment 01, H. Sector 33, and H. Segment 33. The population was 53,202 in 2019 and 50,944 in 2010. This further breaks down to 25,558 males (48.0%) and 27,644 females (52.0%). The median age of residents is 46.4 years. The population of the greater Boston-Cambridge-Quincy, MA-NH area is 4,568,927. The population density (people per square mile) is 3,326. This zip code has a combined total of 22,714 houses and condos. There are 7,524 rented appartments. 34% of residents rent versus the 34% of residents in the state who rent.
The financial status of those living in this area is considered middle class. The average individual gross adjusted income is $59,513 and the average salary is $53,654. The median household income of individuals is $71,022.00 and the average is $71,230.00. This zip code has a mean commute time to work of 28.4 minutes. The unemployment rate is 3.3%. Income earners by percent breakdown as 35.00% (Under $50,000), 33.00% ($50,000-$100,000), and 32.00% earn over $100,000. 8.0% of residents live below poverty line versus the 9.4% in the state that are below this line. The cost of living index is 136.5. The educational breakdown is 90.9% have a high school education or higher, 35.0% have a bachelor's degree or higher, and 12.2% have some kind of profesional degree.
This area has 21,128 households and the average size is 2.4 people. Individuals who are single and have never been married are 29.6%, 49.5% are now married, 1.3% are separated, 8.9% are widowed, and 10.8% are divorced. The average yearly contribution amount given by people to charity was $2,089 versus the state average of $4,208. The percent of residents who gave to charity was 32.1%.
The estimated median value of houses and condos is $428,588. The median monthly owner costs of mortgage holders was $2,067, where as the costs for those who don't have a mortgage are $664. The median number of rooms in houses and condos are 6.4 versus apartments which had a median number of 3.7.
The real estate tax percent rate is 1.0% which equated to an average real estate tax amount payment of $4,171. In comparision, the average real estate tax percent rate in the state is 1.2% which equated to an average real estate tax amount payment in the state of $4,899. The median housing property tax percent for residents with mortgages was 0.9% which amounted to an average tax amount of $4,245. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.0% which amounted to an average tax amount of $4,086. Reported taxable interest for persons was $1,297, dividends $4,232, capital gains +$9,636, and itemized deductions $21,622. The average earned income tax credit is $1,843. The percent of individuals that use a tax preparer is 60.8%. The total average income taxes paid by individuals was $8,512. Businesses reported an average profit of $14,632.
Pellana
9 Sylvan St, Peabody, MA 01960
Outback Steakhouse
300 Andover St, Peabody, MA 01960
The Wardhurst Restaurant
31 Lynnfield St, Peabody, MA 01960
Legal Sea Foods
210 Andover St, Peabody, MA 01960
Toscana's Ristorante
3 Bourbon St, Peabody, MA 01960
Carrabba's Italian Grill
1a Newbury St, Peabody, MA 01960
Taste of Italy
136 Newbury St, Peabody, MA 01960
Petrillo's Italian Kitchen
6 Foster St, Peabody, MA 01960
K Restaurant
100 Lynn St, Peabody, MA 01960
Misono Japanese Steakhouse
82 Newbury St, Peabody, MA 01960
Smokey Bones Bar & Fire Grill
210 Andover St, Peabody, MA 01960
Red's Kitchen & Tavern
131 Newbury St, Peabody, MA 01960
Bagel World Bakery & Deli
10 Sylvan St, Peabody, MA 01960
Tasty Foods
49 A Lowell Street, Peabody, MA 01960
Burtons Grill
210 Andover St, Peabody, MA 01960
Charleys Philly Steaks
210 Andover St Ste E108, Peabody, MA 01960
Cafe Bistro
210 Andover St, Peabody, MA 01960
Perfecto's Caffe
515 Lowell St, Peabody, MA 01960
Grecian Diner
136 Newbury St, Peabody, MA 01960
Brodie's Pub
10 1/2 Lowell St, Peabody, MA 01960
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