01970, Salem, MA

The 1970 zip code of Salem, MA includes a population of around 100,000 people. The median household income in this zip code is $37,500, and the median home value is $115,000. This means that the home equity in this zip code is around $27,000.

However, over the past few years there has been a significant increase in home values in this zip code. In 2007 the home equity in this zip code was only around $21,000. However since then it has increased to over $27,000. This indicates that there is a lot of potential for growth in this area and that homeownership opportunities are definitely available.

One reason for the increase in home values may be due to the fact that there are many new homes being built in Salem. Additionally, many homeowners have been able to refinance their homes and get lower interest rates which has also contributed to the increase in home values.