Salem has a population of 175,754 with a median age of 35.9. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 175,754 |
| Median Age | 35.9 |
| White | 72.2% |
| Black or African American | 1.5% |
| Asian | 3.3% |
| Hispanic or Latino | 22.8% |
The median household income in Salem is $67,540, which is 10.1% below the national median of $75,149. The per capita income is $35,469. The poverty rate is 14.6%.
The unemployment rate in Salem is 6.1%, compared to the national rate of 5.4%.
In Salem, 88.5% of residents age 25+ have a high school diploma or higher, and 31.0% hold a bachelor's degree or higher (12.1% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 88.5% |
| Bachelor's Degree or Higher | 31.0% |
| Graduate or Professional Degree | 12.1% |
The median home value in Salem is $349,500, above the national median of $281,900. The median monthly rent is $1,224. The homeownership rate is 54.9%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $349,500 |
| Median Monthly Rent | $1,224 |
| Homeownership Rate | 54.9% |
| Vacancy Rate | 4.3% |
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