Salem, NM
Full City Profile · New Mexico · Luna County County
2.6
/5.0
C+
Fair
834
Population
637/sq mi density
$56,103
Median Income
$15,012 per capita
$55,300
Home Value
$174,124 Zillow
63°F
Avg Temperature
330 sunny days/yr
63
Violent Crime/100K
1,445 property/100K
C+
Overall
2.6 / 5.0
Fair overall score based on economy, affordability, safety and education
D
Economy
1.7 / 5.0
$56,103 median income, 10.3% unemployment
A+
Affordability
5.0 / 5.0
$55,300 home value, /mo rent
F
Safety
1.0 / 5.0
63 violent crimes/100K
C+
Education
2.8 / 5.0
0.0% bachelor's degree or higher
Housing Overview
Median Home Value
$55,300
80% below
US avg: $281,900
Homeownership Rate
78.3%
20% above US avg (65.4%)
Total Housing Units
252
Median year built: 1985
Home Value by Source
Census Median
$55,300
Zillow (ZHVI)
$174,124
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
78.3%
Owner-Occupied
21.7%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$828/mo
1 Bedroom
$927/mo
2 Bedroom
$1,129/mo
3 Bedroom
$1,496/mo
4 Bedroom
$1,758/mo
Affordability & Housing Stock
Rent Burden
29.3%
of renters spending 30%+ of income on housing
5% below US avg (31.0%)
Median Year Built
1985
Average age of housing stock: 41 years
Homeownership Rate
78.3%
Complete Housing Data
Home Values
| Census Median Value | $55,300 |
| Zillow Home Value (ZHVI) | $174,124 |
Rent
| FMR Studio | $828 |
| FMR 1-Bedroom | $927 |
| FMR 2-Bedroom | $1,129 |
| FMR 3-Bedroom | $1,496 |
| FMR 4-Bedroom | $1,758 |
Market
Ownership & Stock
| Owner-Occupied | 78.3% |
| Renter-Occupied | 21.7% |
| Homeownership Rate | 78.3% |
| Total Housing Units | 252 |
| Median Year Built | 1985 |
| Rent Burden | 29.3% |
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