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Salem, UT
Full City Profile · Utah · Utah County County
3.8
/5.0
B+
Good
9,893
Population
818/sq mi density
$107,617
Median Income
$37,916 per capita
$547,000
Home Value
$606,997 Zillow
$1,691
Median Rent
25.6% income on rent
53°F
Avg Temperature
308 sunny days/yr
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$107,617 median income, 2.8% unemployment
B+
Affordability
3.8 / 5.0
$547,000 home value, $1,691/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A
Education
4.1 / 5.0
39.0% bachelor's degree or higher
Housing Overview
Median Home Value
$547,000
94% above
US avg: $281,900
Median Rent
$1,691/mo
45% above
US avg: $1,163/mo
Homeownership Rate
94.0%
44% above US avg (65.4%)
Total Housing Units
2,580
Median year built: 2002
Home Value by Source
Census Median
$547,000
Zillow (ZHVI)
$606,997
Median Sale Price
$597,495
Median List Price
$589,990
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
94.0%
Owner-Occupied
6.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$981/mo
1 Bedroom
$1,082/mo
2 Bedroom
$1,313/mo
3 Bedroom
$1,746/mo
4 Bedroom
$2,105/mo
Census median rent:
$1,691/mo
Market Indicators (Redfin)
Median Days on Market
49 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
25
Price Drops
24.2%
of listings with price reduction
Price Per Sq Ft
$192
Active Inventory
99
homes for sale
Affordability & Housing Stock
Rent Burden
25.6%
of renters spending 30%+ of income on housing
17% below US avg (31.0%)
Median Year Built
2002
Average age of housing stock: 24 years
Homeownership Rate
94.0%
Complete Housing Data
Home Values
| Census Median Value | $547,000 |
| Zillow Home Value (ZHVI) | $606,997 |
| Median Sale Price | $597,495 |
| Median List Price | $589,990 |
| Price Per Sq Ft | $192 |
Rent
| Census Median Rent | $1,691 |
| FMR Studio | $981 |
| FMR 1-Bedroom | $1,082 |
| FMR 2-Bedroom | $1,313 |
| FMR 3-Bedroom | $1,746 |
| FMR 4-Bedroom | $2,105 |
Market
| Days on Market | 49 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 24.2% |
| Homes Sold | 25 |
| Active Inventory | 99 |
| Price Per Sq Ft | $192 |
Ownership & Stock
| Owner-Occupied | 94.0% |
| Renter-Occupied | 6.0% |
| Homeownership Rate | 94.0% |
| Total Housing Units | 2,580 |
| Median Year Built | 2002 |
| Rent Burden | 25.6% |