Income percentages in Newburyport from 1989-2010 from the City of Newburyport’s website

It is really hard to find a place to rent in Newburyport these days. If you go to Zillow and look for rentals in Newburyport, it’s very depressing.  That is why the city is so hopeful about the proposed 40R, which is a real effort to bring back rental units back to Newburyport.

Here is a document from the city that articulates with data the gentrification that has taken place since Urban Renewal, especially interesting is the “Income Distribution by Household, 1989 to 2010″ on page 20 (an image of the table is in this post), that document can be read here.

In 1989 the largest percentage of income was $10,000-24,999. In 2010 the largest percentage is $150,000+, and that is in 2010, when we were still in the “great recession,” and I would think in 2015 that percentage would be much, much greater now.

And here is Jerry Mullins’, over at Brick and Tree, worst fears about what would happen to the proposed 40R. That post can be read here.

And here is a link to the discussion on The Newburyport Blog’s Facebook page, it can be read here.

Previous post on the proposed 40R District can be found here.

Here are some more table from the City of Newburyport’s report “Income Distribution by Household, 1989 to 2010.”

Renters and Owners

Housing values

Rental costs

And here is a map of the proposed 40R Smart Growth District.

A map of Newburyport’s proposed 40R District.