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HELLOCONDO BUYER'S BRIEF

1-Bedroom Condos with Mountain View and Pool Under 400k in Derby StreetWaterfront District Salem, MA

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  • The Derby Street/Waterfront District is home to a diverse population with a significant number of residents aged 45 to 49 who earn up to $44,919. This demographic offers a blend of stability and community experience.
  • The largest age group in the neighborhood, 45 to 49, represents a segment that typically enjoys moderate income levels, making it appealing to both homeowners and local businesses.

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Frequently Asked Questions About Salem, MA

What is it like to live in Derby Street/Waterfront District, Salem, MA?

Living in the Derby Street/Waterfront District offers a unique blend of historic charm and modern amenities. Residents enjoy waterfront views, access to parks, and proximity to the vibrant downtown area filled with shops and restaurants. The district is known for its walkability and community events, fostering a tight-knit atmosphere.

Is Derby Street/Waterfront District, Salem, MA expensive?

The Derby Street/Waterfront District in Salem, MA, tends to have higher property values compared to other areas in the city, reflecting its waterfront views and proximity to downtown amenities. Rentals and real estate prices can be on the pricier side due to demand and location.

What is the weather of Derby Street/Waterfront District, Salem, MA?

Derby Street/Waterfront District in Salem experiences a humid continental climate, with cold winters and warm, humid summers. Average winter temperatures can fall to around 25°F (-4°C), while summer highs often reach the mid-80s°F (around 29°C). Precipitation is distributed fairly evenly throughout the year, with snowfall occurring in winter.

How safe is Derby Street/Waterfront District, Salem, MA?

The Derby Street/Waterfront District in Salem, MA is considered a relatively safe area, with crime rates that are generally lower than the national average. Community policing initiatives and regular patrols contribute to a sense of security for residents and visitors alike.