Salem
Salem city, Massachusetts
As your local Salem real estate specialist, I can tell you this historic city offers a unique blend of New England charm and modern convenience. Forget the national narrative – here, you'll find a vibrant community where the median home value of $464,200 presents a compelling alternative to the national average. Despite its rich history and thriving tourism, Salem maintains a surprisingly accessible housing market, attracting young professionals and families alike. The city's walkability is a major draw, allowing residents to easily explore the cobblestone streets, waterfront, and numerous local shops and restaurants. With a population of just over 44,500, Salem fosters a close-knit atmosphere, where neighbors know each other and community events are a regular occurrence.
From an investment perspective, Salem offers a stable market with significant growth potential. The median household income of $79,196 reflects a healthy local economy, and the city's proximity to Boston ensures a steady influx of opportunities. While specific employment data varies, Salem's diverse economy includes healthcare, education, and tourism, creating a resilient job market. Furthermore, Salem boasts a reputation as a safe and welcoming city, making it an ideal location for families, retirees, and anyone seeking a high quality of life. Whether you're drawn to its historic charm, its vibrant community, or its sound investment prospects, Salem is a place where you can truly put down roots.
Salem, Massachusetts at a Glance
Salem is a city in Salem city, Massachusetts with a population of approximately 44,541. The median home value is $464,200 and the median household income is $79,196. It has a Walk Score of 29 out of 100, indicating car dependency. The violent crime rate is 0.7 per 1,000 residents, which is 81% below the national average. Air quality is rated Good. The overall climate risk is rated as "Very Low." Median rent is $1,036 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$464,200
Median Income
$79,196
Population
44,541
Walk Score
29
Air Quality
AQI 37
Good
Climate Risk
Very Low
Good
Are you a real estate agent in Salem?
Thousands of homebuyers research this neighborhood every month. Make sure they find you.
Get discovered
Your profile shown to every visitor
Generate leads
Direct calls, emails & website clicks
Build authority
Branded reports & local expert badge
Available on Pro & Enterprise plans
- Population
- 44,541
- Median Age
- N/A
- Median Household Income
- $79,196
6% above nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 13.7%
10% above nat'l avg
- Median Home Value
- $464,200
65% above nat'l avg
- Median Rent
- $1,036
11% below nat'l avg
- Homeownership Rate
- 81.0%
23% above nat'l avg
- Affordability Index
- 124
24% above nat'l avg
- Violent Crime Rate
- 0.7 per 1K
81% below nat'l avg
- Property Crime Rate
- 3.5 per 1K
82% below nat'l avg
- AQI
- 37
12% below nat'l avg
- Category
- Good
- Overall Risk
- Very Low
- Risk Score
- 2.64
Top Hazards
- Overall
- Quiet
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- 14.9¢/kWh
10% below nat'l avg
- Est. Monthly Electric
- $134
Near nat'l avg
- Unemployment Rate
- 5.0%
35% above nat'l avg
- Poverty Rate
- 13.7%
10% above nat'l avg
Weather & Climate in Salem
Avg High
60°F
Avg Low
43°F
Annual Rainfall
48.8"
Avg Humidity
71%
Political Landscape
→ Politically stable
Based on Middlesex County county-level presidential election data
Culture & Things to Do in Salem
Salem Witch Trials Commemoration
Annual event commemorating the victims of the Salem Witch Trials.
Salem's So Sweet Chocolate Festival
A sweet festival featuring chocolate vendors and events.
Haunted Happenings Grand Parade
The annual parade kicking off the month-long Haunted Happenings celebration.
Haunted Happenings
A month-long celebration of Halloween with various events, tours, and attractions.
Similar Cities in Massachusetts
Weymouth
Weymouth Town city, MA
Chelsea
Chelsea city, MA
Amherst
Amherst Town city, MA
Lynn
Lynn city, MA
Marlborough
Marlborough city, MA