Fay Estate Salem, MA Overview

Summary

Population Growth (since 2000)2%
Population Density (ppl / mile)3,099.30
Household Size (ppl)3
Households w/ Children32%

Housing Stability

Annual Residential Turnover9%
5+ Years in Residency64%
Median Year in Residency9.25

Housing Inventory

Fay Estate Salem, MA Housing Inventory 52791,0811,08152791,081

Market Overview

7 listings with an estimated median price of $584,900

PriceCount
$100K - 200K1
$300K - 400K1
$500K - 600K2
$600K - 700K3
Property TypeCount
Single Family4
Condo1
Rental1
Lots and Land1
Multi Family1

(Data as of 5/30/2024)

Population Demographics

The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.

Fay Estate Salem, MA Population Demographics

Total: 3,108

Households:1,159

Median Age: 43.34

Climate and Weather

The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.

Temperature (degrees F)

Fay Estate Salem, MA Temperature

Weather Risk

Fay Estate Salem, MA Weather Risk

Education

The Community Educational Index chart is based on the U.S. Census Bureau's Socioeconomic Status (SES) elements. Factors used in creating the index below are income, educational achievement, and occupation of persons within the selected ZIP code. Since this index is based on the population of an entire Zip code, it may not reflect the nature of an individual school.

Education Climate Index

Fay Estate Salem, MA Education Climate Index

Highest Education Level Attained

Fay Estate Salem, MA Highest Education Level Attained 6994861196521343823969948611965213

Employment and Finance

Workforce

Fay Estate Salem, MA Workforce

Income by dollar range (Median Income: $77,382)

Fay Estate Salem, MA Income by dollar range 3027412240363140388717216420510962212510

Fair Market Rents

The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).

Studio
$1,036
One Bedroom
$1,099
Two Bedroom
$1,290
Three Bedroom
$1,543
Four Bedroom
$1,696

Smoking Ban

The Smoking Ban data indicates whether an area has a smoking ban in place for workplaces, restaurants or bars. This information represents that of the search area and may not reflect that of the whole County or State.

Workplaces
Yes
Restaurants
Yes
Bars
Yes

Crime

The Crime Index compares the risk or probability of future occurrence of certain types of crime in this community as compared to the national average. The national average for each type of crime equals a score of 1.0, so a score of 2.0 would represent twice the risk as the national average, and a score of 0.50 would represent half the risk of the national average.

Fay Estate Salem, MA Crime

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Property Details
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