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Peabody ranked as one of Money Magazine's 100 Best Places to Live

Posted by Ryan Mooney  November 1, 2012 11:28 AM

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Peabody was one of five Massachusetts communities recently ranked as one of the 100 Best Places to Live by Money Magazine.

The Tanner City came in at No. 100 on the list released in the magazine's September issue, which ranks small cities across the nation based on what Money Magazine believes American families care most about: strong job opportunities, great schools, low crime, quality health care, and plenty to do.

Needless to say Mayor Ted Bettencourt, a lifelong resident of Peabody, is proud.

"This is a great national distinction for the city of Peabody and one I feel is well deserved," Bettencourt said in a statement. "In terms of all the attributes used to measure quality of life, Peabody stacks up extremely well. Those of us who live here already know that and now the rest of the country knows it as well."

Newton (No. 4), Brookline (No. 31), Framingham (No. 36), and Weymouth (No. 86) also made the list.

Money Magazine used statistics compiled by data services company Onboard Informatics - including median family income, job rates, demographics, education, housing, health care, and crime rates - and travel to each community to interview residents and get a sense of traffic, leisure space and intangibles such as "community spirit."

The magazine focused on small cities with populations between 50,000 and 300,000 this year. Last year, it focused on small towns with populations between 8,500 and 50,000.

For a detailed breakdown of how the list is compiled, click here. For the complete list of the 100 Best Places Places to Live in 2012, click here.

"Peabody is truly an exceptional value in terms of livability," Bettencourt said. "We offer an affordable tax rate, accessibility to all major highways, senior services which are second to none, good public schools, outstanding shopping and dining in every corner of the city, and a youth sports and recreation program which is the envy of the region."

Ryan Mooney can be reached at globe.mooney@yahoo.com. Follow him on Twitter @mooney_ryan.

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