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ZipNumbers

Indiana · Census place 67464

Salem city, IN

Quick answer

Salem city has 6,484 residents, ranking #111 of 976 places in Indiana. Median household income is $51,786, the median home is worth $136,800 and median gross rent runs $736 a month.

Population
6,484Salem city residents
Median household income
$51,786Past 12 months, inflation adjusted
Median home value
$136,800Owner-occupied units
Median gross rent
$736Rent plus utilities, monthly
Median age
40.9 yrsAll residents
Homeownership rate
74.1%Owner-occupied households

What the numbers mean in Salem city

Housing cost measured against local earnings.

A household earning the Salem city median would spend about 17.1% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.6× the median household income; nationally that ratio sits near 4.5×. Poverty affects 26% of residents and 74.1% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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