Optometrist Salary in Peabody, MA: $155,126 (2026)
Quick Answer:A full-time optometrist in Peabody, MA earns a median $155,126/year (≈ $74.58/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-1041). Once you factor in Peabody's price level (9% above national, BEA RPP 108.5), that paycheck buys what $142,973 would nationally. Nominal pay sits 0.1% above the Massachusetts state average.
Based on BLS state-level estimates · View source
In Peabody, Massachusetts, optometrists can expect to earn a median annual salary of $155,126 in 2026, reflecting a robust market for eye care professionals in the region. This figure significantly surpasses the national median of $140,612, indicating a strong local demand for services typically associated with an expanded scope of practice, including glaucoma management and the use of oral medications. Salaries for optometrists in this area vary widely, ranging from $89,973 at the 10th percentile to $236,836 at the 90th percentile, suggesting diverse opportunities based on experience, practice setting, and area of specialization. The local compensation is projected based on 2025 BLS data and regional cost adjustments, emphasizing Peabody's competitive job market for optometrists.
About the Peabody Market
Salary estimated from Massachusetts average ($150,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $89,973 | $43.25 |
| Lower Range (P25) | $126,848 | $60.98 |
| Median (P50)(typical) | $155,126 | $74.58 |
| Upper Range (P75) | $183,720 | $88.33 |
| Top Earners (P90) | $236,836 | $113.86 |
Median Salary Position
10.32% above the national average
2026 Salary Percentile Distribution in Peabody
In Peabody, MA, the optometrist salary spread from the 10th to 90th percentile is $146,863 (2026 est.). At $155,126, the local median is 10.32% above the national median of $140,612.
Salary Calculator
At 40 hours/week in Peabody: You'd be in the lower-middle range
How Peabody Optometrist Pay Compares
Peabody median: $155,126/year (2026)
| Compared To | Median Salary | Peabody Pays |
|---|---|---|
| Massachusetts Average | $154,971 | +0.10% more |
| National Average | $140,612 | +10.32% more |
Optometrists in Peabody, MA earn a median of $155,126 per year (2026 est.), which is 10.32% higher than the national median of $140,612 and 0.10% above the Massachusetts state average of $154,971.
Cost-of-Living Adjusted Salary
Peabody has a cost of living 8.50% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Peabody, MA has a cost-of-living index of 108.5 (above the national average of 100). While the nominal salary of $155,126 is competitive, the higher cost of living reduces purchasing power to an effective $142,973 — a 7.83% reduction.
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2019 BLS Actual
$127,145
2025 BLS Actual
$150,666
2026 Current Est.
$155,126
2019–2027 Growth
+25.6%
Salary Trajectory for Optometrists in Peabody (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.96% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $127,145 | Actual |
| 2020 | $130,234 | Actual |
| 2021 | $137,130 | Actual |
| 2022 | $138,553 | Actual |
| 2023 | $145,470 | Actual |
| 2024 | $162,908 | Actual |
| 2025 | $150,666 | Actual |
| 2026(current) | $155,126 | Estimated |
| 2027 | $159,717 | Projected |
Based on 7 years of BLS OEWS data for the Peabody metropolitan area, the median optometrist salary grew 18.5% from $127,145 (2019) to $150,666 (2025). At a 2.96% compound annual growth rate, salaries are projected to reach $159,717 by 2027 — a total increase of $32,572 (25.62%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Peabody metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026–2026 figures are current estimates, and 2027 values are projections, calculated using a 2.96% CAGR derived from 7-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Salary by Experience Level
| Experience | Estimated Salary Range |
|---|---|
| 0-2 years (New Graduate) | $89,973 – $126,848 |
| 3-5 years (Mid Career) | $126,848 – $155,126 |
| 5+ years (Experienced) | $155,126 – $183,720 |
| 10+ years (Top Earner) | $183,720 – $236,836 |
OD salary ranges estimated from BLS percentile data. Individual optometrist compensation varies by employer, certifications, and specialization.
Optometrist Job Market in Peabody
Focusing on the local job market, Peabody currently employs eight optometrists, contributing to a supportive professional community. The cost of living index in the area stands at 108.5, indicating that while salaries are higher, everyday expenses are above the national average, potentially impacting take-home pay. Among local employers, private optometry practices and ophthalmology groups generally offer the most competitive salaries. Factors such as practice ownership, residency training, and whether an optometrist is part of a retail chain or private practice can influence earning potential. Optometrists can maximize their pay in Peabody by seeking group practices with shared management responsibilities, pursuing additional training in ocular disease, or engaging in transitional opportunities within the evolving landscape shaped by private equity acquisition of local practices. These strategic approaches could help mitigate the pay spread dictated by various market dynamics.
More salary data for Peabody, MA:
Frequently Asked Questions
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Written by Aisha Patel, OD
Career Analyst
Aisha Patel has 10 years of experience in optometry. She specializes in pediatric vision care. Aisha works in a private practice setting.
Methodology & Data Source
Salary figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. The BLS reported a median annual salary of $150,666 for optometristsin the Peabody metropolitan area. A 2.96% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 compensation. Percentile ranges (P10–P90) represent the full salary distribution across experience levels and practice settings in this market.
Data Sources & Methodology
Salary data for Peabody is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).
2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 2.96%, derived from historical BLS wage trends for optometrists (SOC 29-1041).
Compiled and verified by Aisha Patel, OD, a licensed optometrist with 10+ years of clinical experience. · View source data at BLS.gov