Beverly, MA
Population 42,408 · Massachusetts
About Beverly, MA
Beverly is a mid-sized city in Massachusetts with a population of 42,408 residents. The median household income is $103,739 per year, which is above the national average. The median age in Beverly is 39.5 years.
Housing in Beverly has a median home value of $621,900 and median monthly rent of $1,683. Of the 17,665 total housing units, the majority are owner-occupied, with 10,172 owner-occupied and 6,743 renter-occupied units.
The unemployment rate in Beverly is 3.6% and the poverty rate is 9.9%. 52.3% of residents hold a bachelor's degree or higher. The average commute time is 29.8 minutes.
How Beverly Ranks in Massachusetts
Cost of Living in Beverly, MA
Compared to national averages, Beverly has a median household income of $103,739 (38% above the national median of $75,149). Home values average $621,900, which is 154% above the national median. Monthly rent at $1,683 is 45% above the US average of $1,163. Within Massachusetts, Beverly's income is 2% below the state average of $105,630, and home values are 11% above the state median of $561,296.
Why Live in Beverly, MA?
Beverly offers a strong local economy with a median household income of $103,739, well above the national average, and a strong job market with an unemployment rate of just 3.6%, and a well-educated community where 52.3% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 9.9%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $621,900. However, Beverly’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Beverly has a population of 42,408 with a median age of 39.5 years. Compare Beverly with other cities to see how it stacks up, or explore all cities in Massachusetts.
Similar Cities Near Beverly
Cities in Massachusetts with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Fitchburg | 41,633 | $70,659 | $295,500 | Compare |
| Marlborough | 41,398 | $95,047 | $485,400 | Compare |
| Pittsfield | 43,559 | $68,386 | $233,700 | Compare |
| Woburn | 41,205 | $107,754 | $641,800 | Compare |
| Leominster | 43,697 | $81,556 | $345,000 | Compare |
| Westfield | 40,673 | $82,847 | $295,500 | Compare |
| Salem | 44,241 | $85,137 | $497,400 | Compare |
| Chelsea | 39,460 | $72,220 | $476,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Massachusetts
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Beverly
What is the population of Beverly, MA?
The population of Beverly, MA is 42,408 according to the latest Census data.
What is the median household income in Beverly?
The median household income in Beverly, MA is $103,739 per year.
What is the median home value in Beverly?
The median home value in Beverly, MA is $621,900.
What is the average rent in Beverly?
The median monthly rent in Beverly, MA is $1,683.
What is the unemployment rate in Beverly?
The unemployment rate in Beverly, MA is 3.6%.