Salem at a Glance
Population
4,673
Median Home Value
$87,200
Nat'l avg: $281,900
Median Rent
$607
Nat'l avg: $1,163
Median Income
$35,413
Nat'l avg: $74,580
Violent Crime
0.2 per 1K
Nat'l avg: 3.6 per 1K
Walk Score
N/A
N/A
Air Quality
N/A
N/A
Climate Risk
N/A
Explore Salem
Dive deeper into Salem with specialized neighborhood guides and rankings.
Best Neighborhoods
Top-rated neighborhoods in Salem ranked by Kurby Score
Affordable Neighborhoods
Most budget-friendly areas to live in Salem
Up & Coming Neighborhoods
Emerging neighborhoods with growth potential in Salem
Young Professionals
Best neighborhoods for career starters in Salem
Retiree Neighborhoods
Best neighborhoods for retirees in Salem
Living In Guide
Complete guide to life in Salem — cost, safety, schools & more
All Neighborhoods
Browse every neighborhood in Salem with detailed data
About Salem
If you're seeking a life unburdened by the crushing weight of modern expenses, Salem, Missouri, might just be your hidden gem. With a population just shy of 5,000, this close-knit community offers an escape to a simpler way of life. Imagine owning a home for a fraction of the national average, with median home values hovering around a remarkably affordable $87,200. While the median household income of $35,413 reflects the lower cost of living, it also underscores the incredible value proposition. Salem is a place where your dollar stretches, offering a lifestyle centered around community, tranquility, and the peace of mind that comes with knowing you’re building a secure financial future. From an investment perspective, Salem presents a compelling opportunity, particularly for those seeking an affordable entry point into homeownership or looking to build a rental portfolio. While specific unemployment figures fluctuate, the overall cost of living is significantly lower than the national standard. This means your income goes further here. Salem is ideal for first-time homebuyers, retirees looking to downsize, or anyone seeking a slower pace of life. The town’s size fosters a sense of safety and neighborly connection, making it a welcoming environment for families and individuals alike.