Collected and spent
In 2022, Peabody spent about $226.3M. This is a Census of Governments estimate across all of its funds.
Spent
$226.3M
Fiscal year 2022 · Census of Governments estimate, all funds · spending
Where the money comes from
One tax.
Property tax
$9.26 per $1,000 of value
Source · Massachusetts Department of Revenue, Division of Local Services — DLS Gateway Approved Tax Rate report, FY2025, Peabody. Read on October 16, 2026.
Details
Peabody (MA) FY2025 (= tax year 2024 bills) residential property tax rate — $9.26 per $1,000 of assessed value (100% of full and fair cash value as of 1 January 2024; the whole municipal rate, schools included), the Tax Rate RES column for 'Peabody' (DLS code 229, approved 12/13/2024; OS 0, COM 19.02, IND 19.02, PER 19.02) in the Massachusetts Department of Revenue, Division of Local Services — DLS Gateway Approved Tax Rate report, FY2025, read 2026-10-16 by the Who Taxes Me fill lane. the municipality's own tax rate recap has not been openedWhere it goes
Ten service lines.
Schools
$112.0M
Other
$59.0M
Police
$12.3M
Fire
$11.9M
Public works
$10.2M
General government
$7.9M
Parks and recreation
$4.9M
Health and human services
$3.8M
Debt service · past obligation
$2.5M
Library
$1.9M
Bars in both tables share one scale. Hatched lines pay for past obligations, not current services.
Source · 2022 Census of Governments - Estimated service split source. Read on October 20, 2026.
Who decides
Not on file yet.
When decisions happen
Not on file yet.
How to reach it
Not on file yet.
Also on this tax bill
A Peabody address pays these governments too.
On every bill in Peabody
Sources
What it is
Massachusetts Department of Revenue, Division of Local Services — DLS Gateway Approved Tax Rate report, FY2025, Peabody. Read on October 16, 2026.
Details
Peabody (MA) FY2025 (= tax year 2024 bills) residential property tax rate — $9.26 per $1,000 of assessed value (100% of full and fair cash value as of 1 January 2024; the whole municipal rate, schools included), the Tax Rate RES column for 'Peabody' (DLS code 229, approved 12/13/2024; OS 0, COM 19.02, IND 19.02, PER 19.02) in the Massachusetts Department of Revenue, Division of Local Services — DLS Gateway Approved Tax Rate report, FY2025, read 2026-10-16 by the Who Taxes Me fill lane. the municipality's own tax rate recap has not been openedSpent
2022 Census of Governments - Estimated service split source. Read on October 20, 2026.
Taxes
Massachusetts Department of Revenue, Division of Local Services — DLS Gateway Approved Tax Rate report, FY2025, Peabody. Read on October 16, 2026.
Details
Peabody (MA) FY2025 (= tax year 2024 bills) residential property tax rate — $9.26 per $1,000 of assessed value (100% of full and fair cash value as of 1 January 2024; the whole municipal rate, schools included), the Tax Rate RES column for 'Peabody' (DLS code 229, approved 12/13/2024; OS 0, COM 19.02, IND 19.02, PER 19.02) in the Massachusetts Department of Revenue, Division of Local Services — DLS Gateway Approved Tax Rate report, FY2025, read 2026-10-16 by the Who Taxes Me fill lane. the municipality's own tax rate recap has not been openedTo act on what you have read
Who Taxes Me describes. These three tools, made by the same team, are where you can do something about it. Each opens in a new tab.
Go to TaxTrace
Influence what and how much you are taxed
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Compare taxes between two places
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