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North Salem, Indiana

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
741
Population
$68,214
Median Income
$186,500
Home Value
29.7
Median Age

Demographics

North Salem has a population of 741 with a median age of 29.7. Here is the racial and ethnic breakdown of the population:

White
95.4%
Hispanic
3.5%
Other
1.1%
Demographic Value
Total Population741
Median Age29.7
White95.4%
Hispanic or Latino3.5%
Other / Two or More Races1.1%
North Salem, Indiana — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 95.4%Hispanic/Latino: 3.5%Other: 1.1%741PopulationWhiteWhite95.4%Hispanic/LatinoHispanic/Latino3.5%OtherOther1.1%

Income & Economy

The median household income in North Salem is $68,214, which is 15.4% below the national median of $80,610. The per capita income is $27,416. The poverty rate is 2.6%.

$68,214
Median Household Income
$27,416
Per Capita Income
2.6%
Poverty Rate

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Education

In North Salem, 88.9% of residents age 25+ have a high school diploma or higher, and 20.2% hold a bachelor's degree or higher (3.8% with a graduate or professional degree).

HS Diploma+
88.9%
Bachelor's+
20.2%
Graduate+
3.8%
Education Level % of Adults (25+)
High School Diploma or Higher88.9%
Bachelor's Degree or Higher20.2%
Graduate or Professional Degree3.8%

Housing

The median home value in North Salem is $186,500, below the national median of $303,400. The median monthly rent is $1,160. The homeownership rate is 87.9%.

$186,500
Median Home Value
$1,160/mo
Median Rent
87.9%
Homeownership Rate
Housing Metric Value
Median Home Value$186,500
Median Monthly Rent$1,160
Homeownership Rate87.9%
Vacancy Rate10.5%

Salaries in Indiana

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Other Cities in Indiana

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Frequently Asked Questions

What is the population of North Salem, Indiana?
The population of North Salem, Indiana is 741 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in North Salem, Indiana?
The median household income in North Salem, Indiana is $68,214. This is 15.4% below the national median of $80,610.
What is the median home value in North Salem, Indiana?
The median home value in North Salem, Indiana is $186,500. The median monthly rent is $1,160.
What percentage of people in North Salem have a college degree?
In North Salem, Indiana, 20.2% of adults age 25 and older hold a bachelor's degree or higher, and 88.9% have a high school diploma or higher.
Is North Salem, Indiana an affordable place to live?
The home price-to-income ratio in North Salem, Indiana is 2.7x (median home value $186,500 vs. median income $68,214), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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