Real Estate details: Methuen MA vs Newark NJ
RE Insights
| Metric | Methuen | Newark |
|---|---|---|
| Population | 53,241 | 305,344 |
| Median Home Price | $491,000 | $327,000 |
| Rent | 26% | 76% |
| Own | 74% | 24% |
Real Estate Insights Comparison: Methuen vs Newark
- The population in Newark is greater at 305,344 compared to 53,241 in Methuen.
- A higher median home price of $491,000 is found in Methuen compared to $327,000 in Newark.
- The rent percentage in Newark is higher at 76% compared to 26% in Methuen.
- A greater percentage of homeowners in Methuen at 74% compared to 24% in Newark.
Environmental Insights
Understanding environmental factors is crucial for assessing the sustainability and quality of life in a city or town. Environmental conditions can vary significantly, influenced by factors such as air quality, green spaces, and local climate. Evaluating these aspects helps in making informed decisions about living and investing in a community.