Salem, IN
Population 6,484 · Indiana
About Salem, IN
Salem is a small community in Indiana with a population of 6,484 residents. The median household income is $51,786 per year, which is near the national average. The median age in Salem is 40.9 years.
Housing in Salem has a median home value of $136,800 and median monthly rent of $736. Of the 2,765 total housing units, the majority are owner-occupied, with 1,939 owner-occupied and 677 renter-occupied units.
The unemployment rate in Salem is 4.7% and the poverty rate is 26.0%. 14.5% of residents hold a bachelor's degree or higher. The average commute time is 27.2 minutes.
Cost of Living in Salem, IN
Compared to national averages, Salem has a median household income of $51,786 (31% below the national median of $75,149). Home values average $136,800, which is 44% below the national median. Monthly rent at $736 is 37% below the US average of $1,163. Within Indiana, Salem's income is 25% below the state average of $69,330, and home values are 16% below the state median of $163,409.
Why Live in Salem, IN?
Salem offers affordable housing with a median home value of $136,800, below the US average of $244,900, and rent that’s lower than the national average at $736/month.
Potential considerations include median household income ($51,786) that falls below the national average. However, Salem’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Salem has a population of 6,484 with a median age of 40.9 years. Compare Salem with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Salem
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Huntingburg | 6,504 | $52,327 | $126,500 | Compare |
| Mount Vernon | 6,431 | $61,527 | $164,200 | Compare |
| Garrett | 6,540 | $65,611 | $142,800 | Compare |
| Dunlap | 6,602 | $86,641 | $208,400 | Compare |
| Portland | 6,341 | $45,431 | $90,600 | Compare |
| Ellettsville | 6,653 | $82,238 | $224,400 | Compare |
| Boonville | 6,681 | $62,500 | $143,100 | Compare |
| Rochester | 6,244 | $60,304 | $135,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Indiana
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Salem
What is the population of Salem, IN?
The population of Salem, IN is 6,484 according to the latest Census data.
What is the median household income in Salem?
The median household income in Salem, IN is $51,786 per year.
What is the median home value in Salem?
The median home value in Salem, IN is $136,800.
What is the average rent in Salem?
The median monthly rent in Salem, IN is $736.
What is the unemployment rate in Salem?
The unemployment rate in Salem, IN is 4.7%.