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New Salem-Wendell

Learn about the people, housing, costs and businesses in New Salem-Wendell, Massachusetts

Median Home$336,391
Median Rent$1,304/month
Population1,897
Leading IndustriesPublic Administration · Wholesale Trade · Professional Services33% public administration
Home Value Growth⬆⬆+15.5% over 2 years
Retirees25% of residentswell above average
Homeowners87% of occupied units
New Salem-Wendell
MA

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Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in New Salem-Wendell?

As of today, the 30-year fixed mortgage rate for New Salem-Wendell is approximately 6.860% (6.895% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for New Salem-Wendell
What is the median home price in New Salem-Wendell?

The median home value in New Salem-Wendell is $336k. The median monthly rent is $1,304. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in New Salem-Wendell?

Home values in New Salem-Wendell have increased 15.5% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in New Salem-Wendell?

Based on a typical all-in ownership cost of $1,398/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $60k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in New Salem-Wendell is $88k/year.

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What industries drive the economy in New Salem-Wendell?

The largest employment sectors in New Salem-Wendell are public administration (33%) and wholesale trade (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.