Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 41.0 yrs |
|---|---|
| Avg HH Size | 2.51 |
| Below Poverty | 15.3% ▲ 53% above avg |
| College Grads | 25.2% ▼ 35% below avg |
| Unemployment | 4.5% ▼ 8% below avg |
| No HS Diploma | 90 (0.9%) |
| HS Graduate | 4,180 (42.9%) |
| Some College | 1,689 (17.3%) |
| Associates | 1,333 (13.7%) |
| Bachelors | 1,024 (10.5%) |
| Graduate Degree | 1,437 (14.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $57,697 ▼ 24% below avg |
|---|---|
| Median Home Value | $161,500 ▼ 42% below avg |
| Home/Income Ratio | 2.8x (nat avg ~3.5x) |
| Median Rent | $726/mo |
| Total Housing Units | 6,547 |
| Vacant Units | 462 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Salem is a city in Indiana, located in Washington County. The city spans 1 ZIP code and is home to approximately 15,573 residents. It is a middle-aged city, with a median age of 41 years.
Economically, Salem is a solidly middle-class community. The median household income of $57,697 is below the national average. Approximately 15.3% of residents live below the poverty line. The unemployment rate is 4.5%, near the national average.
The real estate market in Salem is an affordable housing market. Median home values stand at $161,500, which is below the national average. Renters typically pay around $726 per month. Homeownership is high at 79.4%, typical of suburban and family-oriented communities.
The population of Salem is moderately educated. 25.2% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (95.85%).
Salem, IN offers residents a cost-conscious lifestyle within Indiana.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 47167 | 15,573 | $57,697 | $161,500 | $726 | 4.5% | 25.2% | 79.4% |