Interested in purchasing investment houses in the 01970 zip code in Salem, MA?
The zip code 01970 is in Essex county with a latitude of -70.903760000000 and longitude of 42.512600000000, is in the state of Massachusetts. The average asking price of houses and condos is $307,172.00 and the average sale price was $248,235.00. this regions is classified as the Boston metro area and consists of the following area codes: 351 and 978. The location in degrees is 42° 30' 45.36" N, 70° 54' 13.536" W. The county F.I.P.S. is 25009. The total land area is 8.1 square miles and the water area is 5.5 square miles. The elevation in this area is 13 - 85 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 01970 is in county number 009 and is L. Sector 00, L. Segment 01, H. Sector 09, and H. Segment 09. The population was 43,502 in 2019 and 41,109 in 2010. This further breaks down to 19,769 males (45.4%) and 23,734 females (54.6%). The median age of residents is 37.4 years. The population of the greater Boston-Cambridge-Quincy, MA-NH area is 4,568,927. The population density (people per square mile) is 5,365. This zip code has a combined total of 19,886 houses and condos. There are 8,991 rented appartments. 48% of residents rent versus the 48% of residents in the state who rent.
The financial status of those living in this area is considered middle class. The average individual gross adjusted income is $54,852 and the average salary is $49,516. The median household income of individuals is $57,756.00 and the average is $67,100.00. This zip code has a mean commute time to work of 31.8 minutes. The unemployment rate is 3.4%. Income earners by percent breakdown as 43.40% (Under $50,000), 33.60% ($50,000-$100,000), and 23.10% earn over $100,000. 13.5% of residents live below poverty line versus the 9.4% in the state that are below this line. The cost of living index is 136.2. The educational breakdown is 92.3% have a high school education or higher, 44.6% have a bachelor's degree or higher, and 18.1% have some kind of profesional degree.
This area has 17,781 households and the average size is 2.2 people. Individuals who are single and have never been married are 41.5%, 40.9% are now married, 1.7% are separated, 5.4% are widowed, and 10.5% are divorced. The average yearly contribution amount given by people to charity was $1,961 versus the state average of $4,208. The percent of residents who gave to charity was 27.4%.
The estimated median value of houses and condos is $406,030. The median monthly owner costs of mortgage holders was $2,225, where as the costs for those who don't have a mortgage are $889. The median number of rooms in houses and condos are 5.9 versus apartments which had a median number of 4.0.
The real estate tax percent rate is 1.3% which equated to an average real estate tax amount payment of $5,351. In comparision, the average real estate tax percent rate in the state is 1.2% which equated to an average real estate tax amount payment in the state of $4,899. The median housing property tax percent for residents with mortgages was 1.3% which amounted to an average tax amount of $5,341. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.3% which amounted to an average tax amount of $5,400. Reported taxable interest for persons was $927, dividends $3,518, capital gains +$6,714, and itemized deductions $21,073. The average earned income tax credit is $2,028. The percent of individuals that use a tax preparer is 55.3%. The total average income taxes paid by individuals was $8,865. Businesses reported an average profit of $15,897.
Finz Seafood Restaurant
76 Wharf St, Salem, MA 01970
Dube's Seafood
317 Jefferson Ave, Salem, MA 01970
King's Famous Roast Beef & Sea
145 North St, Salem, MA 01970
The Lobster Shanty
25 Front St, Salem, MA 01970
Turner Seafood
43 Church St, Salem, MA 01970
Bella Verona
107 Essex St, Salem, MA 01970
Bertini's Inc
284 Canal St, Salem, MA 01970
Ristorante Gioia
140 Washington St, Salem, MA 01970
Thai Place Restaurant
2 E India Square Mall, Salem, MA 01970
Bonchon Salem
299 Essex St, Salem, MA 01970
Rockafellas
231 Essex St, Salem, MA 01970
Tin Whistle
241 Jefferson Ave, Salem, MA 01970
Ugly Mug Diner
122 Washington St, Salem, MA 01970
Ledger Restaurant
125 Washington St, Salem, MA 01970
Settler
2 Lynde St, Salem, MA 01970
In A Pig's Eye Restaurant
148 Derby St, Salem, MA 01970
Casa Tequila
300 Derby St, Salem, MA 01970
Howling Wolf Taqueria
76 Lafayette St, Salem, MA 01970
Adriatic Restaurant
155 Washington St, Salem, MA 01970
Blue Fez
118 Washington St, Salem, MA 01970
The Landing
81 Front St, Marblehead, MA 01945 (2.1 miles away)