Salem, IL
Full City Profile · Illinois · Marion County County
2.9
/5.0
C+
Fair
7,341
Population
1,050/sq mi density
$57,083
Median Income
$31,213 per capita
$99,800
Home Value
$143,214 Zillow
$752
Median Rent
23.9% income on rent
55°F
Avg Temperature
293 sunny days/yr
298
Violent Crime/100K
4,736 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$57,083 median income, 1.6% unemployment
A+
Affordability
5.0 / 5.0
$99,800 home value, $752/mo rent
F
Safety
1.0 / 5.0
298 violent crimes/100K
C
Education
2.2 / 5.0
14.8% bachelor's degree or higher
Housing Overview
Median Home Value
$99,800
65% below
US avg: $281,900
Median Rent
$752/mo
35% below
US avg: $1,163/mo
Homeownership Rate
62.8%
4% below US avg (65.4%)
Total Housing Units
3,276
Median year built: 1970
Home Value by Source
Census Median
$99,800
Zillow (ZHVI)
$143,214
Median Sale Price
$125,000
Median List Price
$99,250
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
62.8%
Owner-Occupied
37.2%
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:
$752/mo
Market Indicators (Redfin)
Median Days on Market
168 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
1
Price Drops
25.0%
of listings with price reduction
Price Per Sq Ft
$124
Active Inventory
16
homes for sale
Affordability & Housing Stock
Rent Burden
23.9%
of renters spending 30%+ of income on housing
23% below US avg (31.0%)
Median Year Built
1970
Average age of housing stock: 56 years
Homeownership Rate
62.8%
Complete Housing Data
Home Values
| Census Median Value | $99,800 |
| Zillow Home Value (ZHVI) | $143,214 |
| Median Sale Price | $125,000 |
| Median List Price | $99,250 |
| Price Per Sq Ft | $124 |
Rent
| Census Median Rent | $752 |
| FMR Studio | $774 |
| FMR 1-Bedroom | $854 |
| FMR 2-Bedroom | $1,063 |
| FMR 3-Bedroom | $1,370 |
| FMR 4-Bedroom | $1,561 |
Market
| Days on Market | 168 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 25.0% |
| Homes Sold | 1 |
| Active Inventory | 16 |
| Price Per Sq Ft | $124 |
Ownership & Stock
| Owner-Occupied | 62.8% |
| Renter-Occupied | 37.2% |
| Homeownership Rate | 62.8% |
| Total Housing Units | 3,276 |
| Median Year Built | 1970 |
| Rent Burden | 23.9% |
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