Salem
Salem has roughly average household income, with a median household income of $66,428. Population has held roughly steady since 2000. 45% of adults hold a bachelor's degree or higher. Median home value has more than doubled since 2000, reaching $379,400. Despite a median home value of $379,400, the poverty rate sits 24% above the US average — a pattern often seen in resort and college towns.
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How many people live in Salem, Massachusetts?
Salem, Massachusetts has about 44,480 residents according to the 2020 American Community Survey.
What is the median household income in Salem, Massachusetts?
The typical household in Salem, Massachusetts earns about $66,428 a year. Half of households make more than that, and half make less.
Is Salem, Massachusetts expensive?
In Salem, Massachusetts, the median home is worth about $379,400, and the typical rent is about $1,325 a month.
How educated are people in Salem, Massachusetts?
About 45.1% of adults age 25 and over in Salem, Massachusetts hold a bachelor's degree or higher.
What is the poverty rate in Salem, Massachusetts?
About 15.9% of people in Salem, Massachusetts live below the federal poverty line.
Has Salem, Massachusetts grown since 1990?
Yes, Salem, Massachusetts has grown since 1990. The population has added about 6,389 residents, a change of about 17 percent over that period.
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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024