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Salem, New Mexico

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
916
Population
$31,386
Median Income
$61,500
Home Value
30.0
Median Age

Demographics

Salem has a population of 916 with a median age of 30.0. Here is the racial and ethnic breakdown of the population:

Hispanic
97.7%
White
2.3%
Demographic Value
Total Population916
Median Age30.0
White2.3%
Hispanic or Latino97.7%
Salem, New Mexico — racial composition (Census ACS 2024)Donut chart of 2 segments totaling 100.Hispanic/Latino: 97.7%White: 2.3%916PopulationHispanic/LatinoHispanic/Latino97.7%WhiteWhite2.3%

Income & Economy

The median household income in Salem is $31,386, which is 61.1% below the national median of $80,610. The per capita income is $12,653. The poverty rate is 54.1%.

$31,386
Median Household Income
$12,653
Per Capita Income
54.1%
Poverty Rate

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Education

In Salem, 40.7% of residents age 25+ have a high school diploma or higher, and 2.5% hold a bachelor's degree or higher.

HS Diploma+
40.7%
Bachelor's+
2.5%
Education Level % of Adults (25+)
High School Diploma or Higher40.7%
Bachelor's Degree or Higher2.5%

Housing

The median home value in Salem is $61,500, below the national median of $303,400. The homeownership rate is 74.9%.

$61,500
Median Home Value
74.9%
Homeownership Rate
Housing Metric Value
Median Home Value$61,500
Homeownership Rate74.9%
Vacancy Rate7.6%

Salaries in New Mexico

Explore salary data for popular occupations in New Mexico:

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Other Cities in New Mexico

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Frequently Asked Questions

What is the population of Salem, New Mexico?
The population of Salem, New Mexico is 916 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Salem, New Mexico?
The median household income in Salem, New Mexico is $31,386. This is 61.1% below the national median of $80,610.
What is the median home value in Salem, New Mexico?
The median home value in Salem, New Mexico is $61,500.
What percentage of people in Salem have a college degree?
In Salem, New Mexico, 2.5% of adults age 25 and older hold a bachelor's degree or higher, and 40.7% have a high school diploma or higher.
Is Salem, New Mexico an affordable place to live?
The home price-to-income ratio in Salem, New Mexico is 2.0x (median home value $61,500 vs. median income $31,386), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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