Salem vs Boston: Housing
| Salem | Boston | |
|---|---|---|
| Median Home Value | $542,800 | $731,700 |
| Median Gross Rent | $1,836/mo | $2,147/mo |
| Homeownership Rate | 49.7% | 35.7% |
| Rent as Share of Income | 25.9% | 26.5% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.
| Salem | Boston | |
|---|---|---|
| Median Home Value | $542,800 | $731,700 |
| Median Gross Rent | $1,836/mo | $2,147/mo |
| Homeownership Rate | 49.7% | 35.7% |
| Rent as Share of Income | 25.9% | 26.5% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.