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New Salem, IL
Full City Profile · Illinois · Pike County County
2.6
/5.0
C+
Fair
131
Population
125/sq mi density
$118,800
Home Value
$111,575 Zillow
$667
Median Rent
51.0% income on rent
54°F
Avg Temperature
293 sunny days/yr
C+
Overall
2.6 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Safety
2.5 / 5.0
0 violent crimes/100K
C+
Education
2.7 / 5.0
21.5% bachelor's degree or higher
Housing Overview
Median Home Value
$118,800
58% below
US avg: $281,900
Median Rent
$667/mo
43% below
US avg: $1,163/mo
Homeownership Rate
60.0%
8% below US avg (65.4%)
Total Housing Units
85
Median year built: 1938
Home Value by Source
Census Median
$118,800
Zillow (ZHVI)
$111,575
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
60.0%
Owner-Occupied
40.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent:
$667/mo
Affordability & Housing Stock
Rent Burden
51.0%
of renters spending 30%+ of income on housing
65% above US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
60.0%
Complete Housing Data
Home Values
| Census Median Value | $118,800 |
| Zillow Home Value (ZHVI) | $111,575 |
Rent
| Census Median Rent | $667 |
| FMR Studio | $774 |
| FMR 1-Bedroom | $854 |
| FMR 2-Bedroom | $1,063 |
| FMR 3-Bedroom | $1,370 |
| FMR 4-Bedroom | $1,561 |
Market
Ownership & Stock
| Owner-Occupied | 60.0% |
| Renter-Occupied | 40.0% |
| Homeownership Rate | 60.0% |
| Total Housing Units | 85 |
| Median Year Built | 1938 |
| Rent Burden | 51.0% |