Beverly is a city in Massachusetts state in USA with a population of 42062 residents.. The poverty rate of Beverly is 10.3%, which is 26% lower than national average. The typical household in Beverly earns $84354 a year, compared to the national median of $67,500. Nearly 32.1% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Beverly, only 95% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Beverly remained 2.6%, which is 45% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Beverly, only 49% of adults have a bachelor's degree and 23% have some college but no degree.

Cost of living in Beverly is 139, which is 39% higher than national average. Median home value in Beverly is $463000 , which is 101% higher than national average. While median income in Beverly remained $84354, which is 25% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.