Salem, IN
Full City Profile · Indiana · Washington County County
2.9
/5.0
C+
Fair
6,484
Population
1,536/sq mi density
$51,786
Median Income
$25,661 per capita
$136,800
Home Value
$202,273 Zillow
$736
Median Rent
32.6% income on rent
55°F
Avg Temperature
293 sunny days/yr
33
Violent Crime/100K
3,439 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$51,786 median income, 2.8% unemployment
A+
Affordability
5.0 / 5.0
$136,800 home value, $736/mo rent
F
Safety
1.0 / 5.0
33 violent crimes/100K
C
Education
2.2 / 5.0
14.5% bachelor's degree or higher
Housing Overview
Median Home Value
$136,800
51% below
US avg: $281,900
Median Rent
$736/mo
37% below
US avg: $1,163/mo
Homeownership Rate
74.1%
13% above US avg (65.4%)
Total Housing Units
2,693
Median year built: 1966
Home Value by Source
Census Median
$136,800
Zillow (ZHVI)
$202,273
Median Sale Price
$174,500
Median List Price
$182,950
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
74.1%
Owner-Occupied
25.9%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$816/mo
1 Bedroom
$882/mo
2 Bedroom
$1,096/mo
3 Bedroom
$1,391/mo
4 Bedroom
$1,590/mo
Census median rent:
$736/mo
Market Indicators (Redfin)
Median Days on Market
74 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
4
Price Drops
26.1%
of listings with price reduction
Price Per Sq Ft
$151
Active Inventory
23
homes for sale
Affordability & Housing Stock
Rent Burden
32.6%
of renters spending 30%+ of income on housing
5% above US avg (31.0%)
Median Year Built
1966
Average age of housing stock: 60 years
Homeownership Rate
74.1%
Complete Housing Data
Home Values
| Census Median Value | $136,800 |
| Zillow Home Value (ZHVI) | $202,273 |
| Median Sale Price | $174,500 |
| Median List Price | $182,950 |
| Price Per Sq Ft | $151 |
Rent
| Census Median Rent | $736 |
| FMR Studio | $816 |
| FMR 1-Bedroom | $882 |
| FMR 2-Bedroom | $1,096 |
| FMR 3-Bedroom | $1,391 |
| FMR 4-Bedroom | $1,590 |
Market
| Days on Market | 74 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 26.1% |
| Homes Sold | 4 |
| Active Inventory | 23 |
| Price Per Sq Ft | $151 |
Ownership & Stock
| Owner-Occupied | 74.1% |
| Renter-Occupied | 25.9% |
| Homeownership Rate | 74.1% |
| Total Housing Units | 2,693 |
| Median Year Built | 1966 |
| Rent Burden | 32.6% |
All Countries























































































































































































































































