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Salem, MO

Full City Profile · Missouri

3.0 /5.0
B Good
4,673 Population 1,343/sq mi density
$39,200 Median Income $24,636 per capita
$97,200 Home Value $184,221 Zillow
$593 Median Rent 28.6% income on rent
55°F Avg Temperature 259 sunny days/yr
123 Violent Crime/100K 1,839 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.5 / 5.0
$39,200 median income, 2.6% unemployment
A+
Affordability
5.0 / 5.0
$97,200 home value, $593/mo rent
F
Safety
1.0 / 5.0
123 violent crimes/100K
C
Education
2.4 / 5.0
17.2% bachelor's degree or higher

Housing Overview

Median Home Value
$97,200
66% below
US avg: $281,900
Median Rent
$593/mo
49% below
US avg: $1,163/mo
Homeownership Rate
53.4%
18% below US avg (65.4%)
Total Housing Units
2,316
Median year built: 1969

Home Value by Source

Census Median
$97,200
Zillow (ZHVI)
$184,221
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

53.4%
Owner-Occupied
46.6%
Renter-Occupied
53%
47%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$732/mo
1 Bedroom
$775/mo
2 Bedroom
$970/mo
3 Bedroom
$1,265/mo
4 Bedroom
$1,457/mo
Census median rent: $593/mo

Affordability & Housing Stock

Rent Burden
28.6%
of renters spending 30%+ of income on housing
8% below US avg (31.0%)
Median Year Built
1969
Average age of housing stock: 57 years
Homeownership Rate
53.4%

Complete Housing Data

Home Values

Census Median Value$97,200
Zillow Home Value (ZHVI)$184,221

Rent

Census Median Rent$593
FMR Studio$732
FMR 1-Bedroom$775
FMR 2-Bedroom$970
FMR 3-Bedroom$1,265
FMR 4-Bedroom$1,457

Market

Ownership & Stock

Owner-Occupied53.4%
Renter-Occupied46.6%
Homeownership Rate53.4%
Total Housing Units2,316
Median Year Built1969
Rent Burden28.6%