Last updated: 2024 BLS data · Page refreshed:
Salem has a population of 1,216 with a median age of 39.6. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 1,216 |
| Median Age | 39.6 |
| White | 88.5% |
| Hispanic or Latino | 6.4% |
| Other / Two or More Races | 5.1% |
The median household income in Salem is $74,881, which is 7.1% below the national median of $80,610. The per capita income is $36,486. The poverty rate is 5.6%.
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In Salem, 91.4% of residents age 25+ have a high school diploma or higher, and 26.6% hold a bachelor's degree or higher (10.0% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 91.4% |
| Bachelor's Degree or Higher | 26.6% |
| Graduate or Professional Degree | 10.0% |
The median home value in Salem is $166,700, below the national median of $303,400. The median monthly rent is $965. The homeownership rate is 68.0%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $166,700 |
| Median Monthly Rent | $965 |
| Homeownership Rate | 68.0% |
| Vacancy Rate | 17.4% |
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