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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
78%
22%
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-Occupied78.3%
Renter-Occupied21.7%
Homeownership Rate78.3%
Total Housing Units252
Median Year Built1985
Rent Burden29.3%