Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 55.8 yrs |
|---|---|
| Avg HH Size | 2.41 |
| Below Poverty | 10.6% ≈ Avg |
| College Grads | 48.9% ▲ 26% above avg |
| Unemployment | 1.5% ▼ 69% below avg |
| HS Graduate | 160 (21.4%) |
| Some College | 89 (11.9%) |
| Associates | 134 (17.9%) |
| Bachelors | 86 (11.5%) |
| Graduate Degree | 280 (37.4%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $80,327 ≈ Avg |
|---|---|
| Median Home Value | $357,400 ▲ 28% above avg |
| Home/Income Ratio | 4.4x (nat avg ~3.5x) |
| Median Rent | $1,180/mo |
| Total Housing Units | 460 |
| Vacant Units | 61 |
Income Distribution
How People Get to Work
Commute Time
Year Built
New Salem is a city in Massachusetts, located in Franklin County. The city spans 1 ZIP code and is home to approximately 963 residents. It is an older city, with a median age of 55.8 years.
Economically, New Salem is a middle-income community. The median household income of $80,327 is near the national average. Approximately 10.6% of residents live below the poverty line. The unemployment rate is 1.5%, well below the national average.
The real estate market in New Salem is a mid-range housing market. Median home values stand at $357,400, which is above the national average. Renters typically pay around $1,180 per month. Homeownership is high at 87.5%, typical of suburban and family-oriented communities.
The population of New Salem is well-educated. 48.9% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (79.23%).
New Salem, MA offers residents above-average earning potential within Massachusetts.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 01355 | 963 | $80,327 | $357,400 | $1,180 | 1.5% | 48.9% | 87.5% |