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The total population of Beverly is estimated to be 42,414 with 20,361 males (48.01%) and 22,053 females (51.99%). There are 1,692 more females than males in Beverly.
The median household income in Beverly was $97,155 in 2021, which marked an an increase of 1,570(1.64%) from $95,585 in 2020. This income is 130.22% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Beverly sees its highest median household income among householders in the age group of 45 to 64 years old, at $122,146. Overall, the median household income for the city of Beverly stands at $97,155.
In Beverly, the median income for all workers aged 15 years and older, regardless of work hours, was $61,233 for males and $32,476 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $91,234 for males and $71,255 for females.
In Beverly, the demographic landscape is diverse, spanning 4 distinct racial categories among households. Among these, White households have the highest median household income at $100,271, while Black or African American households represent the opposite end with the lowest median household income of $62,477.
In 2022, the population of Beverly was 42,235, a 0.37% decrease year-by-year from 2021. Previously, in 2021, Beverly's population was 42,391, a decline of 0.48% compared to a population of 42,596 in 2020.
The median age in Beverly, MA is 40.4, as per 2021 ACS 5-Year Estimates. Of the total population, 16.27% were under the age of 15, 21.89% aged 15 to 29, 43.53% aged 30 to 64, 15.09% aged 65 to 84, and 3.22% were 85 years of age and older.
Racial distribution of Beverly population: 89.44% are White, 2.66% are Black or African American, 0.24% are American Indian and Alaska Native, 2.70% are Asian, 0.01% are Native Hawaiian and other Pacific Islander, 0.98% are some other race and 3.97% are multiracial.