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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
Housing Overview
Median Home Value
$75,000
73% below
US avg: $281,900
Median Rent
$850/mo
27% below
US avg: $1,163/mo
Homeownership Rate
83.2%
27% above US avg (65.4%)
Total Housing Units
149
Median year built: 1947
Home Value by Source
Census Median
$75,000
Zillow (ZHVI)
$201,913
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
83.2%
Owner-Occupied
16.8%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$738/mo
1 Bedroom
$788/mo
2 Bedroom
$989/mo
3 Bedroom
$1,282/mo
4 Bedroom
$1,420/mo
Census median rent:
$850/mo
Affordability & Housing Stock
Rent Burden
33.3%
of renters spending 30%+ of income on housing
7% above US avg (31.0%)
Median Year Built
1947
Average age of housing stock: 79 years
Homeownership Rate
83.2%
Complete Housing Data
Home Values
| Census Median Value | $75,000 |
| Zillow Home Value (ZHVI) | $201,913 |
Rent
| Census Median Rent | $850 |
| FMR Studio | $738 |
| FMR 1-Bedroom | $788 |
| FMR 2-Bedroom | $989 |
| FMR 3-Bedroom | $1,282 |
| FMR 4-Bedroom | $1,420 |
Market
Ownership & Stock
| Owner-Occupied | 83.2% |
| Renter-Occupied | 16.8% |
| Homeownership Rate | 83.2% |
| Total Housing Units | 149 |
| Median Year Built | 1947 |
| Rent Burden | 33.3% |