ZIP 01940 · Peabody, Massachusetts
2026 Edition · 8 cards · data as of Oct 30, 2026
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Population
13,285 people call ZIP 01940 home.
13,285
people.
Census ACS 5-year, 2020-2024. Sources: Census ACS 5-year
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Rent
Median rent is up 121% since the 2010–2014 survey, before inflation.
$2,676
a month. Massachusetts's median is $1,762.
Census ACS 5-year, 2020-2024 (latest), with earlier 5-year windows. Sources: Census ACS 5-year
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Room to build
The median rent is above what local wages can carry.
$1,122–$1,683
is the monthly rent range local workforce wages support.
- $2,676 median
Supportable rent computed by the Almanac from 2023 source wage data. Median rent: Census ACS 5-year, 2020-2024. Sources: Computed by the Almanac, Census ACS 5-year
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Building
Most of the housing here is older than 2000.
- 85% of all homes were built before 2000
Census ACS 5-year, 2020-2024. Sources: Census ACS 5-year
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Units needed
Closing the gap would add 0.1–1.4% to the 4,815 homes here.
7–66
is the estimated number of missing housing units, from the lowest to the highest of three estimates.
Range computed by the Almanac from 2023 jobs and household data, using three demand models: 1% of jobs located here, 1% of renter households, and a rate by town size applied to renters. The low end is the lowest of the three and the high end the highest. It is an estimate, not a count. Sources: Computed by the Almanac
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Home value
A median home costs 61% more than Massachusetts's.
$905,400
median home value in ZIP 01940.
- $905,400 ZIP 01940
- $562,100 Massachusetts
- $332,700 U.S.
Census ACS 5-year, 2020-2024. Sources: Census ACS 5-year