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Salem, IA

Full City Profile · Iowa · Henry County County

2.9 /5.0
C+ Fair
363 Population 576/sq mi density
$59,583 Median Income $26,012 per capita
$75,000 Home Value $201,913 Zillow
$850 Median Rent 33.3% income on rent
50°F Avg Temperature 275 sunny days/yr
127 Violent Crime/100K 2,921 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$59,583 median income, 1.0% unemployment
A+
Affordability
5.0 / 5.0
$75,000 home value, $850/mo rent
F
Safety
1.0 / 5.0
127 violent crimes/100K
F
Education
1.4 / 5.0
5.2% bachelor's degree or higher

Income Overview

Median Household Income
$59,583
21% below
US avg: $75,149
Per Capita Income
$26,012
33% below
US avg: $39,052
Unemployment Rate
1.0%
72% below
US avg: 3.6%
Poverty Rate
7.5%
40% below
US avg: 12.4%

Income Comparison: Salem vs. U.S. Average

Each bar shows Salem’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$59,583
79%
Per Capita
US: $39,052
$26,012
67%
IRS Avg AGI
US: $72,000
$63,859
89%
Avg Weekly Wage
US: $1,432
$1,008
70%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,008
30% below US avg ($1,432)
Mean Commute Time
26 min
7% below US avg (28 min)
Work From Home
5.2%
66% below US avg (15.2%)
Drive Alone
83.1%
14% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$1,154M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 83.1%
Public Transit 0%
Work From Home 5.2%
Other 11.7%
Average commute time
26 minutes
US avg: 28 min

Business Landscape

Total Establishments
638
Restaurants
36
Healthcare
59
Retail
57
Manufacturing
28

Tax & Financial

IRS Avg Adjusted Gross Income
$63,859
11% below US avg ($72,000)
Avg Property Tax
$4,335
24% above US avg ($3,500)
Cost of Living Index
87.8
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$59,583
Per Capita Income$26,012
IRS Avg Adjusted Gross Income$63,859
Avg Weekly Wage$1,008
County GDP$1,154M

Hardship Indicators

Unemployment Rate1.0%
Poverty Rate7.5%
Gini Coefficient0.396
Cost of Living Index87.8

Commute

Mean Commute26 minutes
Drive Alone83.1%
Public Transit0.0%
Work From Home5.2%

Businesses

Total Establishments638
Restaurants36
Healthcare59
Retail57
Manufacturing28

Tax

IRS Avg AGI$63,859
Avg Property Tax$4,335