Quick facts: North salem, NH

Quick Facts

106.6
Cost of Living
above US average
5,476
Population
9.13
Crime Rate per 1000
below US average
$102,000
Median Income
above US average
Median home price Data is updating, will be available soon
$1989
Average Rent
above US average
2%
Poverty Rate
below US average
3.0%
Unemployment Rate
below US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $102,000.

🏠

Income Needed to Buy

Home price data is updating, will be available soon
🏒

Income Needed to Rent

βœ“ Affordable
$85k/year
Based on $1989/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($102,000) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for North salem, NH

North Salem, New Hampshire, is a charming town located in Rockingham County, with a population of just over 5,000 residents. Nestled in the scenic landscapes of southern New Hampshire, it offers a quaint and peaceful rural atmosphere while being conveniently situated near larger urban areas. The town is known for its beautiful natural surroundings, including several lakes such as Canobie Lake and an abundance of wooded areas, making it a great spot for outdoor activities like hiking, fishing, and boating. North Salem is also home to parks and recreational facilities, catering to families and nature enthusiast alike. The community has a strong sense of local identity, with various events held throughout the year, fostering a tight-knit environment. The educational system is well-regarded, with schools serving the local population and promoting a focus on quality education. Proximity to Salem and the greater Boston area provides residents with access to shopping, dining, and cultural opportunities while still enjoying the tranquility of small-town life in North Salem. Its blend of natural beauty, community spirit, and accessibility makes it an appealing place to live and visit.

πŸ” Search & Compare Places

First Location πŸ“