Pros and Cons of Living In Salem, Massachusetts. Is Salem, MA a Nice Place To Live or Retire?

Salem, Massachusetts

Moving to Salem In Massachusetts ? Is Salem, MA a Nice Place To Live? Pros and Cons of Living in Salem, Massachusetts. Find out the best and worst about to live, raise a family or retire in Salem.

Salem ( SAY-ləm) is a historic coastal city in Essex County, Massachusetts, United States, located on the North Shore of Greater Boston. Continuous settlement by Europeans began in 1626 with English colonists. Salem was one of the most significant seaports trading commodities in early American history. Prior to the dissolution of county governments in Massachusetts in 1999, it served as one of two county seats for Essex County, alongside Lawrence.

Today, Salem is a residential and tourist area that is home to the House of Seven Gables, Salem State University, Pioneer Village, the Salem Maritime National Historic Site, Salem Willows Park, and the Peabody Essex Museum....

DEMOGRAPHICS

Population
43350
Unemployment
4.6%
2% NAT AVG.
Poverty
15.9%
14% NAT AVG.
Cost Of Living
132
32% NAT AVG.

ECONOMICS

Median Home Cost
$379400
65% NAT AVG.
Median Income
$66428
2% NAT AVG.
Median Rent
$1325
14% NAT AVG.
Overall Score
7

CRIME REPORT

Total Crime
758
25% NAT. AVG.
29% STATE AVG.
Violent Crime
108
35% NAT. AVG.
19% STATE AVG.
Property Crime
650
23% NAT. AVG.
43% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 6
Unemployed People
1 in 22
People Earning < $10,000
1 in 18
People Earning < $50,000
39.1%
People With Any Degree
1 in 1.9

ETHNICITY

Ethnicity Salem USA
White 70.6% 60.1%
African American 4.8% 12.2%
American Indian 0.1% 0.6%
Asian 2.6% 5.6%
Hawaiian 0% 0.2%
Multiracial 3.2% 2.8%
Hispanic 18.3% 18.2%
Other 0.3% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Salem USA
Less than $10,000 5.7% 5.8%
$10,000 to $14,999 7.1% 4.1%
$15,000 to $24,999 9.6% 8.5%
$25,000 to $34,999 8.7% 8.6%
$35,000 to $49,999 8% 12.0%
$50,000 to $74,999 16% 17.2%
$75,000 to $99,999 11.9% 12.8%
$100,000 to $149,999 17.2% 15.6%
$150,000 to $199,999 8.1% 7.1%

EDUCATION

Education Salem USA
< 9th Grade 4% 5.0%
9-12th Grade 4% 7.0%
High School or GED 23% 27.0%
Other College 17% 20.0%
Associate's Degree 7% 9%
Bachelor's Degree 28% 20.0%
Master's Degree 13% 9.0%
Professional Degree 2% 2.0%
Doctorate Degree 2% 1.0%
Salem is a city in Massachusetts state in USA with a population of 43350 residents.. The poverty rate of Salem is 15.9%, which is 14% higher than national average. The typical household in Salem earns $66428 a year, compared to the national median of $67,500. Nearly 39.1% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Salem remained 4.6%, which is 2% lower than national rate.

Cost of living in Salem is 132, which is 32% higher than national average. In Salem, only 45% of adults have a bachelor's degree and 24% have some college but no degree. Median home value in Salem is $379400 , which is 65% higher than national average. While median income in Salem remained $66428, which is 2% lower than national average.
Salem Scorecard

Jobs80%

Housing90%

Affordability40%

Safety60%

Amenities95%

Diversity85%

Education85%

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