Last updated: 2024 BLS data · Page refreshed:
Salem has a population of 44,795 with a median age of 39.3. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 44,795 |
| Median Age | 39.3 |
| White | 72.8% |
| Black or African American | 4.9% |
| Asian | 3.4% |
| Hispanic or Latino | 20.7% |
The median household income in Salem is $85,153, which is 5.6% above the national median of $80,610. The per capita income is $50,339. The poverty rate is 12.1%.
The unemployment rate in Salem is 4.0%, compared to the national rate of 4.1%.
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In Salem, 91.9% of residents age 25+ have a high school diploma or higher, and 47.8% hold a bachelor's degree or higher (20.5% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 91.9% |
| Bachelor's Degree or Higher | 47.8% |
| Graduate or Professional Degree | 20.5% |
The median home value in Salem is $542,800, above the national median of $303,400. The median monthly rent is $1,836. The homeownership rate is 49.7%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $542,800 |
| Median Monthly Rent | $1,836 |
| Homeownership Rate | 49.7% |
| Vacancy Rate | 5.7% |
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