ZIP comparison · Boston-Cambridge-Newton, MA-NH
01970 vs 02341
Side-by-side comparison of two ZIP codes — typical home value, rent, yield, taxes, schools, and demographics. The greener number on each row signals which ZIP comes out ahead on that metric.
| Metric | ZIP01970Salem, MA | ZIP02341Hanson CDP, MA |
|---|---|---|
| Home value | ||
| Typical home value | Better: $607,500 | $607,133 |
| 1-year appreciation | +0.5% | Better: +3.5% |
| 5-year CAGR | +4.7% | Better: +5.6% |
| 10-year CAGR | +6.3% | Better: +6.4% |
| Rent & investment | ||
| Monthly rent | $2,624 | — |
| Gross yield | 5.2% | — |
| Cap rate | 3.1% | — |
| Property tax | ||
| Effective tax rate | Better: 1.1% | 1.2% |
| Typical annual tax | Better: $6,871 | $7,191 |
| Demographics | ||
| Population | 44,738 | 10,542 |
| Median household income | $85,041 | Better: $132,250 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively High | Relatively Moderate |
| Net migration | -1,940 | Better: -307 |
| Schools | ||
| Public schools | 12 | 2 |
| Students enrolled | 4,299 | 922 |