2024 Compare Cities Economy:
Norwood, MA vs Peabody, MA

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Highlights
- Household income in Peabody, is 13% less than it is in Norwood and is 17% above the National Average.
- Norwood unemployment rate is 5.8%.
- Peabody unemployment rate is 6.5%.
 Norwood, MAPeabody, MAUnited States
 Unemployment Rate5.8%6.5%6.0%
 Recent Job Growth4.3%3.0%1.6%
 Future Job Growth40.8%35.6%33.5%
 Sales Taxes6.3%6.3%6.2%
 Income Taxes5.1%5.1%4.6%
 Income per Cap.$54,645$44,056$37,638
 Household Income$96,414$83,570$69,021
 Family Median Income$120,146$106,692$85,028
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 Est. Households By Income
 Norwood, MAPeabody, MAUnited States
 Income Less Than 15K6.5%8.5%9.4%
 Income between 15K and 20K3.1%1.8%3.8%
 Income between 20K and 30K5.0%8.7%8.1%
 Income between 30K and 40K6.9%6.6%8.0%
 Income between 40K and 50K4.9%4.7%7.6%
 Income between 50K and 60K4.4%6.3%7.2%
 Income between 60K and 75K7.8%8.9%9.6%
 Income between 75K and 100K12.6%13.5%12.8%
 Income between 100K and 150K20.4%20.4%16.3%
 Income between 150K and 200K10.9%10.3%7.8%
 Income greater than 200K17.5%10.4%9.5%
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 Population By Occupation
 Norwood, MAPeabody, MAUnited States
 Management, business, finance22.1%16.1%16.4%
 Engineering, computers, science10.5%7.1%6.5%
 Community, social services2.8%1.4%1.8%
 Legal1.4%1.0%1.2%
 Education, library7.1%5.7%6.2%
 Arts, design, media, sports, entertainment2.5%1.7%2.0%
 Healthcare practitioners and technology7.5%8.2%6.2%
 Healthcare support3.2%3.1%3.3%
 Firefighters, law enforcement1.1%2.4%2.1%
 Food preparation, serving4.1%6.8%5.4%
 Building maintenance2.3%3.2%3.6%
 Personal care2.5%3.7%2.6%
 Sales, office, administrative support19.8%22.4%20.9%
 Farming, fishing, forestry0.1%0.0%0.6%
 Construction, extraction, maintenance/repair5.7%7.7%8.1%
 Production, transportation, material moving7.4%9.5%13.1%
Reviews for Norwood    1 Reviews

Norwood is well run and has an excellent police and fire dept. Location is terrific. Halfway between Providence and Boston. 2 rail stations in the town convenience to  More

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Reviews for Peabody    0 Reviews

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