Small Business in Peabody

The city's median age is 47, and the average household size is 2.38, indicating a mix of young professionals, families, and retirees contributing to local economic activity. The median household income stands at $95,278, reflecting the community’s purchasing power and potential demand for various services. Peabody supports a diverse small business ecosystem, this particular report covers 26 home service industries, with 4716 operating businesses.