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New Salem, Massachusetts

town · Franklin County

At a glance

1,054
Population
$359,000
Median home value (all homes)
18% above U.S. median
$414,262
Typical market value
Zillow, 2026-07
$1,194/mo
Median rent
11% below U.S. median
$79,688
Median household income
1% above U.S. median
23.2 min
Average commute
97.9%
Homes with broadband
1.9%
Unemployment

Cost of living (Clay Affordability Index)

CAI 110 — 10% above the national average. how it's computed

Housing36% above
Goods & services0% above
Utilities7% above
Taxes7% below
Insurance5% above
Commute cost14% below
For business: Massachusetts is CBII band 3/5 · time to build band 3/5. See state page for the breakdown.

Living here

Nearest 4-year college13 mi
Nearest community college17 mi
Nearest technical college24 mi
High school graduates95.9%
College graduates35.4%

Doing business here

Economic development contacts, most local first:

county Franklin Regional Council of Gov
state Executive Office Of Housing and Economic Development
state MassDevelopment
MassDevelopment provides financing, real estate, and community development solutions to grow businesses, create opportunity, and energize cities and towns across Massachusetts. It aims to revitalize communities, expand housing, and create jobs.
state Massachusetts Alliance for Economic Development
MassEcon is a private, non-profit partnership of business, industry leaders, and government dedicated to the economic growth of Massachusetts. MassEcon's mission is to promote and champion Massachusetts as the best place to start, grow and locate a business.
state Massachusetts Eco Dev Council
state Massachusetts Office of Business Development
State sales taxYes
State income taxYes
Right-to-work stateNo

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