Last updated: 2024 BLS data · Page refreshed:
Salem has a population of 4,677 with a median age of 42.3. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 4,677 |
| Median Age | 42.3 |
| White | 91.7% |
| Black or African American | 1.0% |
| Asian | 0.2% |
| Hispanic or Latino | 1.7% |
| Other / Two or More Races | 5.4% |
The median household income in Salem is $43,923, which is 45.5% below the national median of $80,610. The per capita income is $29,524. The poverty rate is 11.1%.
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In Salem, 83.8% of residents age 25+ have a high school diploma or higher, and 15.1% hold a bachelor's degree or higher (4.4% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 83.8% |
| Bachelor's Degree or Higher | 15.1% |
| Graduate or Professional Degree | 4.4% |
The median home value in Salem is $115,000, below the national median of $303,400. The median monthly rent is $639. The homeownership rate is 50.0%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $115,000 |
| Median Monthly Rent | $639 |
| Homeownership Rate | 50.0% |
| Vacancy Rate | 16.9% |
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