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Salem, Illinois

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
7,236
Population
$59,728
Median Income
$106,100
Home Value
39.1
Median Age

Demographics

Salem has a population of 7,236 with a median age of 39.1. Here is the racial and ethnic breakdown of the population:

White
91.3%
Other
4.7%
Black
2.6%
Asian
0.9%
Demographic Value
Total Population7,236
Median Age39.1
White91.3%
Black or African American2.6%
Asian0.9%
Hispanic or Latino0.5%
Other / Two or More Races4.7%
Salem, Illinois — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 91.3%Other: 4.7%Black: 2.6%Other: 1.4%7,236PopulationWhiteWhite91.3%OtherOther4.7%BlackBlack2.6%OtherOther1.4%

Income & Economy

The median household income in Salem is $59,728, which is 25.9% below the national median of $80,610. The per capita income is $33,467. The poverty rate is 16.3%.

$59,728
Median Household Income
$33,467
Per Capita Income
16.3%
Poverty Rate

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Education

In Salem, 91.9% of residents age 25+ have a high school diploma or higher, and 15.6% hold a bachelor's degree or higher (3.1% with a graduate or professional degree).

HS Diploma+
91.9%
Bachelor's+
15.6%
Graduate+
3.1%
Education Level % of Adults (25+)
High School Diploma or Higher91.9%
Bachelor's Degree or Higher15.6%
Graduate or Professional Degree3.1%

Housing

The median home value in Salem is $106,100, below the national median of $303,400. The median monthly rent is $774. The homeownership rate is 65.0%.

$106,100
Median Home Value
$774/mo
Median Rent
65.0%
Homeownership Rate
Housing Metric Value
Median Home Value$106,100
Median Monthly Rent$774
Homeownership Rate65.0%
Vacancy Rate9.0%

Salaries in Illinois

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Frequently Asked Questions

What is the population of Salem, Illinois?
The population of Salem, Illinois is 7,236 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Salem, Illinois?
The median household income in Salem, Illinois is $59,728. This is 25.9% below the national median of $80,610.
What is the median home value in Salem, Illinois?
The median home value in Salem, Illinois is $106,100. The median monthly rent is $774.
What percentage of people in Salem have a college degree?
In Salem, Illinois, 15.6% of adults age 25 and older hold a bachelor's degree or higher, and 91.9% have a high school diploma or higher.
Is Salem, Illinois an affordable place to live?
The home price-to-income ratio in Salem, Illinois is 1.8x (median home value $106,100 vs. median income $59,728), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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