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Townhomes for Sale in Central Business District, Salem

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  • Demographics

About Central Business District

The Central Business District of Salem is a vibrant hub known for its historic charm and dynamic atmosphere. This district boasts an array of attractions, including boutique shops, art galleries, and unique dining options that reflect the local flavor. Residents and visitors can enjoy scenic waterfront views along the harbor while exploring cultural landmarks. With convenient access to public transportation and major roadways, commuting to the greater Boston-Cambridge-Newton metro area is a breeze, making it an ideal location for both work and leisure.

Central Business District Market Summary

The condo mix runs from luxury high-rises to restored mid-rises, many with bay or ocean views, concierge, pools, and fitness centers.

Average Condo Sizes

No average condo size data available.

Pricing and Liquidity

No price and liquidity data available.

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Pet-Friendly Townhomes

Unable to find pet-friendly townhomes in Central Business District.

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Luxury Townhomes

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Schools

New Liberty Innovation School

F
Public|Grades 912
2 E India Square Mall Ste 200

The Neighbourhood: Central Business District

Central Business District, located in Essex County, MA, thrives as a bustling hub of commerce and culture. This area offers an array of attractions, including upscale dining establishments and unique shopping boutiques. The district boasts several green spaces for relaxation, while business professionals appreciate the proximity to top corporate offices. Reliable public transportation, including buses and train services, makes commuting convenient within and beyond its borders. With a vibrant mix of amenities and efficient connectivity, it's no wonder this locale is highly favored by both residents and visitors alike.

Demographics

Average Resident age38 years old
Average household Income$63,483 /year
Average HouseHold Composition2 People
button icon What to know about Central Business District demographics:
  • Approximately 27.4% of the population holds a bachelor's degree or higher.
  • The average age in the area is around 38 years.
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Frequently Asked Questions about Central Business District

What is it like to live in Central Business District, Salem, MA?

Living in the Central Business District of Salem provides residents with a bustling urban environment characterized by a mix of historic architecture, shops, restaurants, and cultural attractions. The area is walkable and offers convenient access to public transportation and amenities. Residents can enjoy a vibrant community atmosphere with year-round events and festivals.

Is Central Business District, Salem, MA expensive?

The Central Business District in Salem is relatively affordable compared to other urban areas in Massachusetts, but it has seen rising property values and rent prices in recent years due to popular demand and tourism. The cost of living can vary, with more expensive options closer to the waterfront and historic sites.

What is the weather of Central Business District, Salem, MA?

The Central Business District in Salem experiences a humid continental climate, characterized by cold winters with temperatures often dropping below freezing and warm summers with average highs in the 80s°F. Precipitation is distributed throughout the year, with more rain in the spring and fall, and occasional snowfall during winter months.

How safe is Central Business District, Salem, MA?

The Central Business District in Salem, MA, has a relatively low crime rate compared to the national average, contributing to its reputation as a safe area for residents and visitors. Local law enforcement is active in the community, enhancing safety measures.