Salem vs Lowell
| Salem | Lowell | |
|---|---|---|
| Population | 44,541 | 114,737 |
| Median Household Income | $85,153 | $78,658 |
| Median Home Value | $542,800 | $429,200 |
| Median Gross Rent | $1,836/mo | $1,625/mo |
| Homeownership Rate | 49.7% | 43.2% |
| Unemployment Rate | 5.1% | 5.7% |
| Bachelor's Degree or Higher | 47.8% | 30.0% |
| Median Age | 39.3 | 35.6 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.