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Peabody is a solidly affluent North Shore community with a median household income of $94,378 and median home values around $535,300. With nearly 64% owner-occupied housing and 39% of residents holding bachelor's degrees or higher, you're looking at a stable, educated neighborhood where people tend to put down roots. The demographics suggest a community that values homeownership and has the means to maintain properties—something that typically translates to well-kept streets and neighborhoods.
The one environmental factor to be aware of is radon. Peabody sits in EPA Zone 1, which designates it as a high-radon area. If you buy here, radon testing and mitigation should be on your checklist before closing. It's manageable with proper ventilation systems, but it's not something to overlook. On the positive side, seismic activity is essentially a non-issue—the area has experienced minimal earthquake risk with only three small events in the past decade, none exceeding magnitude 3.8.
This is a community where people stay, where property values hold steady, and where the tax base supports good schools and services. It's not flashy, but it's reliable—the kind of place where your investment is more likely to appreciate steadily than spectacularly.
Tonight: 57°F — Mostly Cloudy. Wind 3 to 7 mph N.
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