Newburyport Newburyport Massachusetts
Average Household Income in Newburyport Live within a 25 mile trade area Median Home Sale Price in 2023 1.33 Million Residents $949,900
NEWBURYPORT DEVELOPMENT 2
$187,088
Opportunity
Newburyport’s vibrant waterside setting offers some of New England’s best fishing, boating, dining, and shopping.
Located 35 miles north of Boston, Newburyport is just minutes from I-95, I- 495 and Route 1 and easily accessible for both Massachusetts and New Hampshire residents. MBTA access is also available via Commuter Rail service.
As one of Newburyport’s leading property owners and property managers, Newburyport Development owns more than 45 prime retail locations throughout downtown Newburyport, over 60 offices, 34 residential units, Michael’s Harborside Restaurant and four marinas.
The Newburyport Development portfolio includes Native Sun, Lively Kids, Best of British, Talbots, M.K. Benatti Jewelers, SOAK & Shoreline and many more. Dining selections feature Michael’s Harborside, Tuscan Sea Grill & Bar, BRINE Oyster Bar, The Poynt, Oregano Pizzeria and Ristorante, The Angry Donut and The Goat.
» Numerous festivals fill the city with consumers year-round. These include the Newburyport Art Festival, Art Walks, Yankee Homecoming, Invitation Nights and more.
» Ideally located in a desirable suburb with plenty of parking and commuter rail access.
» New England Development has 45 of the prime retail locations in the Downtown area.
» Nearby beaches, some of Massachusetts’ best, draw thousands of visitors to the area each year.
NEWBURYPORT, MASSACHUSETTS NEWBURYPORT 3
Location
Access
» There is excellent regional and local access via Routes 1 and 1A, Interstates 95 & 495 and by the commuter rail service directly from North Station in nearby Boston
» Located 35 miles away, Boston Logan International Airport is less than an hour drive from downtown Newburyport
» Manchester Regional Airport is 50 miles north and an estimated 58 minute drive
NEWBURYPORT DEVELOPMENT 4
LIBERTYSTREET STATE STREET INN STREET FAIR STREET
MIDDLESTREET
ESSEX STREET PLEASANT STREET CENTER STREET GREEN STREET TITCOMB STREET MARKET STREET SUMMER STREET 1 NEWBURYPORT, MASSACHUSETTS NEWBURYPORT 5
WATER STREET
MERRIMAC
STREET
MICHAEL’S HARBORSIDE
TUSCAN SEA GRILL
THE
THE
CLIPPER CITY RAIL
WATERFRONT PARK
POYNT
GOAT
TRAIL
PURE BLISS
TALBOTS
BOBBLES & LACE NATIVE SUN OREGANO PIZZERIA THE ANGRY DONUT
FATFACE
SEA BAGS
PORT VIDA
M.K. BENATTI JEWLERS
SOAK & SHORELINE
BRINE
CHAMBER OF COMMERCE
CENTER FOR THE ARTS THE BASIN APPAREL COMPANY
HOUSE MARITIME MUSEUM
NAUTI PEARL
FIREHOUSE
CUSTOM
OLDIE’S
MARKETPLACE
New England Development Property/Marina Downtown Commercial/Residential Buildings
Merrimack River
Strong Retail, Residential, Office & Tourism Markets
» Greater Newburyport has more than 30,000 year-round residents
» 13,083 people work in the city of Newburyport
» More than 1.33 million people live within 25 miles of Newburyport
» Annual visitors exceed 500,000 and add to the strong, year-round customer base
MAINE HAMPTON BURLINGTON TOPSFIELD MARBLEHEAD BOSTON LOGAN INTERNATIONAL AIRPORT IPSWICH GLOUCESTER BOSTON ANDOVER PEABODY KITTERY PORTSMOUTH EXETER BOXFORD COMMUTER RAIL ROUTE COMMUTER RAIL STATION Newburyport 93 93 128 127 95 95 95 495 495 1 1 NEW HAMPSHIRE MASSACHUSETTS 25MILERADIUS 20MILE RADIUS 15MILE RADIUS T NEWBURYPORT DEVELOPMENT 6 Market
TRADE AREA
Demographic Analysis
INCOME (2023)
BUSINESS (2023)
Demographics
NEWBURYPORT, MASSACHUSETTS NEWBURYPORT 7 POPULATION 15 MILES 20 MILES 25 MILES 2023 Estimated Population 328,035 794,918 1.33 M 2028 Projected Population 336,784 812,056 1.35 M 2023 Adj. Daytime Population (Age 16 Years+) 217,765 607,574 977,691 2023 Median Age 44.4 42.7 41.6
25+
Some College 15.6% 15.5% 15.1% Associates Degree Only 8.9% 8.5% 8.3% Bachelors Degree Only 28.5% 27.1% 26.6% Graduate Degree 19.5% 18.3% 18.4%
EDUCATION AGE
(2023)
Estimated Average Household Income $159,333 $155,201 $153,868 Estimated Median Household Income $126,077 $119,295 $118,725
Total Businesses 15,429 39,560 62,415 Total Employees 124,167 377,200 601,054 HOUSEHOLDS 2023 Estimated Households 133,911 316,353 516,621 2028 Projected Households 136,765 321,885 525,667
Charming
NEWBURYPORT DEVELOPMENT 8
Destination
NEWBURYPORT, MASSACHUSETTS NEWBURYPORT 9
NEWBURYPORT DEVELOPMENT 54 Inn Street | Newburyport, MA 01950 | 978.465.8571 | Newburyportdevelopment.com 04.16.24
