Salem
Salem city, Illinois
Alright, let me paint you a picture of Salem, Illinois, a place where life moves at a comfortable pace and your hard-earned dollars stretch further than you might imagine. Picture this: a charming community of just over 7,200 residents, where the median home value sits at a remarkably affordable $95,300. That's a far cry from the national median, offering an incredible opportunity to own property without breaking the bank. Salem isn't about the hustle and bustle; it's about a friendly atmosphere and a slower way of life. It’s the kind of place where neighbors know each other and community events are a big deal.
From an investment perspective, Salem offers a compelling value proposition. While the median household income is around $55,536, below the national average, the low cost of living significantly offsets this. The housing market is stable and accessible, making it an attractive option for first-time homebuyers or those looking to downsize. Salem is known for being a safe place, where you can feel at ease. Families, retirees, and those seeking a financially sensible lifestyle will find Salem to be a welcoming and practical choice.
Salem, Illinois at a Glance
Salem is a city in Salem city, Illinois with a population of approximately 7,228. The median home value is $95,300 and the median household income is $55,536. It has a Walk Score of 0 out of 100, indicating car dependency. The violent crime rate is 1.2 per 1,000 residents, which is 67% below the national average. Air quality is rated Good. The overall climate risk is rated as "Relatively Moderate." Median rent is $729 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$95,300
Median Income
$55,536
Population
7,228
Walk Score
0
Air Quality
AQI 43
Good
Climate Risk
Relatively Moderate
Good
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- Population
- 7,228
- Median Age
- N/A
- Median Household Income
- $55,536
26% below nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 20.9%
69% above nat'l avg
- Median Home Value
- $95,300
66% below nat'l avg
- Median Rent
- $729
37% below nat'l avg
- Homeownership Rate
- 60.8%
8% below nat'l avg
- Affordability Index
- N/A
- Violent Crime Rate
- 1.2 per 1K
67% below nat'l avg
- Property Crime Rate
- 3.7 per 1K
81% below nat'l avg
- AQI
- 43
Near nat'l avg
- Category
- Good
- Overall Risk
- Relatively Moderate
- Risk Score
- 73.10
Top Hazards
- Overall
- N/A
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- 15.0¢/kWh
10% below nat'l avg
- Est. Monthly Electric
- $135
Near nat'l avg
- Unemployment Rate
- 4.5%
22% above nat'l avg
- Poverty Rate
- 20.9%
69% above nat'l avg
Weather & Climate in Salem
Avg High
63°F
Avg Low
45°F
Annual Rainfall
37.7"
Avg Humidity
69%
Political Landscape
→ Politically stable
Based on McLean County county-level presidential election data
Culture & Things to Do in Salem
Salem Halloween Parade
A large annual parade with floats and costumes.
Marion County Fair
A traditional county fair with agricultural exhibits, rides, and entertainment.
Salem Christmas Parade
A festive parade celebrating the holiday season.
Fall Festival
A community event with crafts, food vendors, and entertainment.
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