West Newbury is a town in Essex County, Massachusetts and on the Merrimack River. Over the last forty or so years, West Newbury has evolved from a farming town into an affluent community. West Newbury’s status as an affluent community can be attributed to its location. In 2006, Essex County received the dubious honor of being named number one on Forbes magazine’s list of most overpriced places to live in the U.S.
The town’s oldest continually-operating farm is Long Hill Orchard. The farm has been active since 1896, and has a long and intriguing history. Today, in addition to the apple orchard, the farm is home to a popular agricultural program and farm to dining events.
The population of West Newbury is 4,325. The real estate in the town is distributed into 1,392 households, and 1,183 families.
The racial makeup of the town was 98.5% White, 0.2% African American, 0.5% Asian, 0.4% from other races, and 0.4% from two or more races.
The median income for a household in the town was $112,828, and the median income for a family was $128,050. Males had a median income of $100,670 versus $80,189 for females. The per capita income for the town was $35,323. About 2.8% of families and 3.8% of the population were below the poverty line, including 3.8% of those under the age of 18 and 9.8% of those 65 and older.
West Newbury, MA Multi-family Property Market Data for 2017
The following set of numbers are the key indicators for the West Newbury multifamily market. The city of West Newbury has roughly 78 properties according public records. We will update this list on a monthly basis with the three primary market drivers. To view West Newbury listings click here.