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Data from U.S. Census Bureau · 2026 · Methodology
CitySpend

Peabody, MA

Population: 54,204 (2022) · Small Cities (50K–100K)

D
48/100

Below average — significant fiscal challenges in multiple areas

Total Spending
$2.5B
Per Capita
$46,262
Total Revenue
$799.9M
Total Debt
$0

Spending Breakdown

Education
48.9%$1.2B
Other
27.2%$683.1M
Utilities
10.4%$260.4M
Housing & Community Development
4.9%$121.7M
Parks & Recreation
2.2%$55.7M
Highways & Roads
2.0%$50.1M
Public Welfare
1.6%$39.3M
Hospitals
1.1%$28.4M
Fire Protection
0.8%$20.9M
Health
0.8%$20.0M
Sewerage
0.0%$1.0M

Spending data sourced from the Census Bureau's Annual Survey of State & Local Government Finances. Per-capita comparisons use the Lincoln Institute's Fiscally Standardized Cities methodology for fair cross-city benchmarking.

Revenue Sources

Sales Tax
3.5%$27.7M
Intergovernmental
43.5%$348.3M
Charges & Fees
23.9%$191.5M
Other
4.6%$36.6M

Per Capita Spending by Department

Fire Protection$385/person
Highways & Roads$925/person
Parks & Recreation$1,028/person
Education$22,635/person
Health$370/person

Score Breakdown

Budget Balance & Reserves (25%)2/100
Debt Burden (20%)100/100
Pension Funding (20%)76/100
Spending Efficiency (15%)0/100
Revenue Diversity (10%)69/100
Trend Direction (10%)50/100

Compare Cities

See how Peabody stacks up against another city.

vs Boston, MAvs Worcester, MAvs Springfield, MA
Data source: U.S. Census Bureau, Annual Survey of State and Local Government Finances (2023). Population from American Community Survey.

Other Cities in Massachusetts

Boston, MA

Pop. 666K

C
Total Spending
$48.1B
Per Capita
$72,299

Worcester, MA

Pop. 204K

C
Total Spending
$8.6B
Per Capita
$42,049

Springfield, MA

Pop. 155K

D
Total Spending
$10.2B
Per Capita
$65,626

Cambridge, MA

Pop. 118K

C
Total Spending
$15.4B
Per Capita
$130,737

Compare Peabody With

Boston, MA

Spending: $72,299/person · Grade: C

Worcester, MA

Spending: $42,049/person · Grade: C

Springfield, MA

Spending: $65,626/person · Grade: D

Cambridge, MA

Spending: $130,737/person · Grade: C

Frequently Asked Questions

Peabody, MA spends $46,262 per resident, based on total expenditures of $2.5B for a population of 54,204. The city has a Fiscal Health Score of D (48/100).

Peabody, MA has total expenditures of $2.5B and total revenue of $799.9M. The city carries $0 in total debt, based on Census Bureau data from 2023.

Peabody, MA employs 0 government workers, of which 0 are full-time. The average government salary is $0, with 0.0 employees per 10,000 residents.

Peabody, MA has a Fiscal Health Score of D (48/100). This score evaluates budget balance, debt burden, pension funding, spending efficiency, revenue diversity, and 3-year fiscal trajectory compared to peer cities of similar population.

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