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Salem Lakes, WI
Full City Profile · Wisconsin · McHenry County County
3.5
/5.0
B+
Good
14,521
Population
478/sq mi density
$94,554
Median Income
$46,879 per capita
$281,500
Home Value
$307,938 Zillow
$1,132
Median Rent
23.8% income on rent
47°F
Avg Temperature
260 sunny days/yr
49
Violent Crime/100K
1,195 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$94,554 median income, 3.2% unemployment
A+
Affordability
5.0 / 5.0
$281,500 home value, $1,132/mo rent
F
Safety
1.0 / 5.0
49 violent crimes/100K
B
Education
3.2 / 5.0
27.8% bachelor's degree or higher
Housing Overview
Median Home Value
$281,500
0% below
US avg: $281,900
Median Rent
$1,132/mo
3% below
US avg: $1,163/mo
Homeownership Rate
85.6%
31% above US avg (65.4%)
Total Housing Units
6,332
Median year built: 1986
Home Value by Source
Census Median
$281,500
Zillow (ZHVI)
$307,938
Median Sale Price
$335,000
Median List Price
$395,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
85.6%
Owner-Occupied
14.4%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$797/mo
1 Bedroom
$872/mo
2 Bedroom
$1,097/mo
3 Bedroom
$1,405/mo
4 Bedroom
$1,572/mo
Census median rent:
$1,132/mo
Market Indicators (Redfin)
Median Days on Market
51 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
11
Price Drops
14.3%
of listings with price reduction
Price Per Sq Ft
$216
Active Inventory
14
homes for sale
Affordability & Housing Stock
Rent Burden
23.8%
of renters spending 30%+ of income on housing
23% below US avg (31.0%)
Median Year Built
1986
Average age of housing stock: 40 years
Homeownership Rate
85.6%
Complete Housing Data
Home Values
| Census Median Value | $281,500 |
| Zillow Home Value (ZHVI) | $307,938 |
| Median Sale Price | $335,000 |
| Median List Price | $395,000 |
| Price Per Sq Ft | $216 |
Rent
| Census Median Rent | $1,132 |
| FMR Studio | $797 |
| FMR 1-Bedroom | $872 |
| FMR 2-Bedroom | $1,097 |
| FMR 3-Bedroom | $1,405 |
| FMR 4-Bedroom | $1,572 |
Market
| Days on Market | 51 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 14.3% |
| Homes Sold | 11 |
| Active Inventory | 14 |
| Price Per Sq Ft | $216 |
Ownership & Stock
| Owner-Occupied | 85.6% |
| Renter-Occupied | 14.4% |
| Homeownership Rate | 85.6% |
| Total Housing Units | 6,332 |
| Median Year Built | 1986 |
| Rent Burden | 23.8% |