Salem
Salem city, Indiana
Thinking about a fresh start? Salem, Indiana, offers a compelling blend of small-town charm and remarkable affordability. Imagine settling in a community where the median home value is a stunning $132,800, a fraction of the national average, allowing you to achieve homeownership without breaking the bank. With a population of just over 6,300, Salem offers a tight-knit community feel, perfect for those seeking a slower pace of life. Here, you'll find a welcoming atmosphere where neighbors know each other and the cost of living allows for a comfortable lifestyle.
From an investment perspective, Salem presents a unique opportunity. While the median household income sits at $48,205, reflecting the area's affordability, the housing market's potential for growth is undeniable. Though specific employment data isn't available, the town's proximity to larger cities offers diverse job opportunities. Salem is known for its safety and family-friendly environment. This makes it an ideal spot for first-time homebuyers, retirees, or anyone seeking a peaceful, budget-conscious lifestyle.
Salem, Indiana at a Glance
Salem is a city in Salem city, Indiana with a population of approximately 6,330. The median home value is $132,800 and the median household income is $48,205. It has a Walk Score of 47 out of 100, indicating car dependency. The violent crime rate is 0.0 per 1,000 residents, which is 100% below the national average. Air quality is rated Good. The overall climate risk is rated as "Relatively High." Median rent is $638 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$132,800
Median Income
$48,205
Population
6,330
Walk Score
47
Air Quality
AQI 24
Good
Climate Risk
Relatively High
Good
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- Population
- 6,330
- Median Age
- N/A
- Median Household Income
- $48,205
35% below nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 25.0%
102% above nat'l avg
- Median Home Value
- $132,800
53% below nat'l avg
- Median Rent
- $638
45% below nat'l avg
- Homeownership Rate
- 69.5%
5% above nat'l avg
- Affordability Index
- N/A
- Violent Crime Rate
- N/A
- Property Crime Rate
- 0.5 per 1K
97% below nat'l avg
- AQI
- 24
43% below nat'l avg
- Category
- Good
- Overall Risk
- Relatively High
- Risk Score
- 84.70
Top Hazards
- Overall
- N/A
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- 14.6¢/kWh
12% below nat'l avg
- Est. Monthly Electric
- $131
4% below nat'l avg
- Unemployment Rate
- 1.9%
49% below nat'l avg
- Poverty Rate
- 25.0%
102% above nat'l avg
Political Landscape
→ Politically stable
Based on Marion County county-level presidential election data
Culture & Things to Do in Salem
Washington County 4-H Fair
Annual fair featuring exhibits, livestock shows, and entertainment.
Salem Old Settlers Days
A community festival with a parade, food vendors, and craft booths.
Christmas City of Salem
Annual holiday celebration with lights, activities, and a Christmas parade.
Washington County Antique Tractor and Engine Show
An annual show featuring antique tractors, engines, and related items.
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