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North Carolina · Census place 58740

Salem CDP, NC

Quick answer

Salem CDP has 2,035 residents, ranking #337 of 777 places in North Carolina. Median household income is $66,653, the median home is worth $159,300 and median gross rent runs $772 a month.

Population
2,035Salem CDP residents
Median household income
$66,653Past 12 months, inflation adjusted
Median home value
$159,300Owner-occupied units
Median gross rent
$772Rent plus utilities, monthly
Median age
42.8 yrsAll residents
Homeownership rate
74.2%Owner-occupied households

What the numbers mean in Salem CDP

Housing cost measured against local earnings.

A household earning the Salem CDP median would spend about 13.9% 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 2.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 19.9% of residents and 74.2% 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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