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AREA INFORMATION

Salem, MA

Explore the real estate in Salem, MA

Area Highlights

Salem, MA residents have a median age of 38.1 years old, with employment highest in the healthcare practitioners and administrative support industries.

43,721 Population

19,360 Households

$74,865 /yr
Median Household Income

$625,000
Median Home Sale Price

28m Median Commute Time

Most people in this area drive to work.

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Median Age

Median age is the age that divides a population into two numerically equally sized groups; that is, half the people are younger than this age and half are older. It is a single index that summarizes the age distribution of a population.

LEGEND

  • 61+ years old
  • 51 to 60 years old
  • 41 to 50 years old
  • 31 to 40 years old
  • 21 to 30 years old
  • 11 to 20 years old
  • 0 to 10 years old

Median Home Price

The median sale price measures the “middle” price of homes that sold, meaning that half of the homes sold for a higher price and half sold for less.

LEGEND

  • $2,000,000+
  • $1,000,000 to $2,000,000
  • $800,000 to $1,000,000
  • $600,000 to $800,000
  • $400,000 to $600,000
  • $200,000 to $400,000
  • $0 to $200,000

Median Household Income

The median household income is the income amount that divides a population into two equal groups, half having a household income above that amount, and half having a household income below that amount.

LEGEND

  • $500,000+ per year
  • $250,000 to $500,000 per year
  • $150,000 to $250,000 per year
  • $100,000 to $150,000 per year
  • $75,000 to $100,000 per year
  • $50,000 to $75,000 per year
  • $0 to $50,000 per year

Family & Education

38.1 Median Age

Average Household Size

2.2
persons per
household

35.2%

Married Households

Community Population By Education

Bachelors Degree 31%
High School Graduate 20%
Graduate Degree 20%
Some College 16%
Some High School 7%
Associates Degree 7%
Of the total people surveyed, the most prevalent educational attainment level is Bachelors Degree, representing 30.55% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
20.7% of households have children

Economics

$74,865 /yr
Median Household Income
$625,000
Median Sales Price
28 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 15.25% of the households.

Transportation to Work

  • Drive 68%
  • Work from Home 14%
  • Walk or Bike 10%
  • Public Transit 8%

Occupancy by Type

Owned 10,072 49%
Rented 9,288 46%
Vacant 1,032 5%

White vs Blue Collar Jobs







White Collar 85%
Blue Collar 15%

Employment

Employees by Industry

Employees by Occupation

Demographics

Community Population By Age

The median age for this area is 38.1 years old. The smallest percentage group is 25-34 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 70%
Hispanic 20%
Other 10%
Black 5%
Asian 3%
Native American <1%
The most prevalent ethnicity is White at 70%, followed by Hispanic at 20%, Other at 10%, and Black at 5%.

Crime & Pollution

Crime vs National Average

This location’s average annual crime rates compared to the national average. Index score (100=National Average)

Pollution vs National Average

This location’s average annual pollution rates compared to the national average. Index score (100=National Average)

Weather

81° July
Hottest Average Month
20° January
Coldest Average Month

Severe Weather

This location’s average annual severe weather events compared to the national average. Index score (100=National Average)

Average Temperature by Month

Low (°F)
High (°F)
Jan
20°
36°
Feb
21°
38°
Mar
29°
45°
Apr
38°
56°
May
47°
66°
Jun
57°
76°
Jul
62°
81°
Aug
61°
79°
Sep
54°
72°
Oct
44°
62°
Nov
36°
51°
Dec
25°
40°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

Listings in the Area

$2,200
For sale
3 beds • 1 baths • 1,598 sqft

14 Abbott Street , 2
Salem, MA 01970

$779,000
For sale
4 beds • 2 baths • 2,474 sqft

3 Saltonstall Parkway Parkway
Salem, MA 01970

$1,100,000
For sale
11 beds • 4 baths • 4,632 sqft

32 Prince
Salem, MA 01970

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Data powered by Attom Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.

* Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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