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Salem, MA

Salem is a small city in Massachusetts with a population of slightly more than 43,000. With an average age of just over 39, the city's population skews younger than most cities in Massachusetts. In terms of housing, residents are fairly evenly split between owning (51%) and renting (49%) their home. At $1,150 a month, the average rent is a bit below the state average.

Compared to the national average (7%), Salem has a large percentage of residents over the age of 25 with advanced degrees, as 10% have earned a Master's or a Doctoral degree. Further, 18% possess a Bachelor's degree, which also outpaces the national average. Workers are spread across a plethora of industries in Salem. The four most common are healthcare, retail, entertainment, and education. Combined, these industries account for 29% of the workforce in the city. Meanwhile, looking at job function, 8% of residents work in management, making it the top profession in the city. Salem workers earn an average annual income of around $77K, a bit less than the average Massachusetts resident. Salem's average income, however, is just about on par with the national average ($73,345).

Salem has an average commute time of about 33 minutes. Many residents (39%) commute to work by car, while public transportation is used by just 6% of the population. Walking (4%) isn't a common way to get to work, though the number surpasses the national average.

Average Rent in Salem

Studio1 Bed2 Bed3 Bed
Jan 20$1,200$1,450$1,650
Dec 191,2002,1151,650
Nov 191,2002,1652,895
Oct 191,2002,5202,967
Sep 191,2002,6502,892
Aug 191,2002,6303,222
Jul 191,2002,6522,515
Jun 191,2002,0022,472
May 191,2002,0302,515
Apr 191,2001,9852,467
Mar 191,1001,8472,345
Feb 191,1001,8002,317
*The rent information included in this summary is based on a median calculation of multifamily rental property inventory on Apartment Guide and Rent.com over the past 12-months and is for illustrative purposes only. This information does not constitute a pricing guarantee or financial advice related to the rental market.
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Frequently Asked Questions About Salem

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Information is copyrighted and school data provided by GreatSchools.org. Information is deemed reliable but not guaranteed. Schools listed above are based on distance from the selected location and are just a sampling of the schools in the area. To find a particular school district, and how it relates to a specific apartment, please contact the apartment manager.

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