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Salem, NE

Full City Profile · Nebraska · Richardson County County

3.1 /5.0
B Good
84 Population 135/sq mi density
$46,563 Median Income $35,573 per capita
$45,900 Home Value $105,252 Zillow
53°F Avg Temperature 275 sunny days/yr
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.5 / 5.0
$46,563 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$45,900 home value, /mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
F
Education
1.2 / 5.0
2.6% bachelor's degree or higher

Housing Overview

Median Home Value
$45,900
84% below
US avg: $281,900
Homeownership Rate
65.9%
1% above US avg (65.4%)
Total Housing Units
60
Median year built: 1938

Home Value by Source

Census Median
$45,900
Zillow (ZHVI)
$105,252
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

65.9%
Owner-Occupied
34.1%
Renter-Occupied
66%
34%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$706/mo
1 Bedroom
$791/mo
2 Bedroom
$1,001/mo
3 Bedroom
$1,274/mo
4 Bedroom
$1,409/mo

Affordability & Housing Stock

Rent Burden
21.5%
of renters spending 30%+ of income on housing
31% below US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
65.9%

Complete Housing Data

Home Values

Census Median Value$45,900
Zillow Home Value (ZHVI)$105,252

Rent

FMR Studio$706
FMR 1-Bedroom$791
FMR 2-Bedroom$1,001
FMR 3-Bedroom$1,274
FMR 4-Bedroom$1,409

Market

Ownership & Stock

Owner-Occupied65.9%
Renter-Occupied34.1%
Homeownership Rate65.9%
Total Housing Units60
Median Year Built1938
Rent Burden21.5%