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ZipNumbers

Iowa · Census place 70230

Salem city, IA

Quick answer

Salem city has 363 residents, ranking #559 of 1026 places in Iowa. Median household income is $59,583, the median home is worth $75,000 and median gross rent runs $850 a month.

Population
363Salem city residents
Median household income
$59,583Past 12 months, inflation adjusted
Median home value
$75,000Owner-occupied units
Median gross rent
$850Rent plus utilities, monthly
Median age
48.2 yrsAll residents
Homeownership rate
83.2%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 1.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 10.2% of residents and 83.2% 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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