Salem, IN Housing
As of 2010-2014, median price of a house in Salem is $84,800, which is lower than the state average of $122,700 and is much lower than the national average of $175,700. The Salem median house value has grown by 26.19% since 2000. The growth rate for the price of a house in Salem is lower than the state average rate of 30.12% and is lower than the national average rate of 46.91%. The median year that a house in Salem was built is 1964, which is older than the median year for a house built in the state which is 1972 and is older than the median year for a house built in the USA which is 1976.
House Value
Median Value of a Total of 1,633 Owner Occupied Houses in Salem, IN, #335Salem, IN | 84,800 USD |
Indiana | 122,700 USD |
U.S. | 175,700 USD |
Salem, IN | 26.19% |
Indiana | 30.12% |
U.S. | 46.91% |
*Based on 2010-2014 data. View historical house value data.
Housing Occupancy
Salem, IN | Indiana | U.S. | |
Total Housing Units | 2,927, see rank, 100% | 2,811,617 | 132,741,033 |
Occupied Housing Units | 2,507, 85.65%, see rank | 88.64% | 87.55% |
Owner Occupied | 1,633, 55.79%, see rank | 61.56% | 56.34% |
Renter Occupied | 874, 29.86%, see rank | 27.07% | 31.21% |
Vacant Housing Units | 420, 14.35%, see rank | 11.36% | 12.45% |
For Rent | 76, 2.60%, see rank | 2.40% | 2.34% |
For Sale Only | 69, 2.36%, see rank | 1.47% | 1.20% |
Rented or Sold, Not Occupied | 83, 2.84%, see rank | 1.24% | 0.92% |
For Seasonal, Recreational, or Occasional Use | 0, 0.00%, see rank | 1.64% | 3.97% |
For Migrant Workers | 0, 0.00%, see rank | 0.02% | 0.03% |
Other Vacant | 192, 6.56%, see rank | 4.59% | 4.00% |
*Based on 2010-2014 data. View historical housing occupancy data.
Year Structure Built
Median Built Year, #253Salem, IN | Indiana | U.S. |
1964 | 1972 | 1976 |
*Based on 2010-2014 data. View historical year structure built data.
Mortgage Status
Salem, IN | % | Indiana | U.S. | |
Owner-Occupied Units | 1,633 | 100% | 1,730,954 | 74,787,460 |
With a Mortgage | 974 | 59.64%, see rank | 68.12% | 65.58% |
Without a Mortgage | 659 | 40.36%, see rank | 31.88% | 34.42% |
*Based on 2010-2014 data. View historical mortgage status data.
Monthly Owner Costs for Housing Units with a Mortgage
Median Owner Costs, see rank
Salem, IN | 855 USD |
Indiana | 1,119 USD |
U.S. | 1,522 USD |
Owner Costs Distribution
Monthly Owner Costs | Salem, IN | % | Indiana | U.S. |
$299 or Less | 0 | 0.00%, see rank | 0.35% | 0.20% |
$300 to $499 | 68 | 6.98%, see rank | 3.15% | 1.59% |
$500 to $699 | 209 | 21.46%, see rank | 9.90% | 5.01% |
$700 to $999 | 430 | 44.15%, see rank | 26.58% | 14.32% |
$1,000 to $1,499 | 215 | 22.07%, see rank | 35.46% | 27.90% |
$1,500 to $1,999 | 44 | 4.52%, see rank | 14.79% | 20.35% |
$2,000 to $2,999 | 8 | 0.82%, see rank | 7.60% | 19.52% |
$3,000 or More | 0 | 0.00%, see rank | 2.17% | 11.12% |
Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Salem, IN | 23.00% of the Total Income |
Indiana | 20.40% of the Total Income |
U.S. | 23.70% of the Total Income |
Owner Cost as a Percentage of the Total Income, Distribution
Salem, IN | % | Indiana | U.S. | |
10% or Less | 41 | 4.21%, see rank | 7.60% | 5.86% |
10% to 20% | 357 | 36.65%, see rank | 41.01% | 31.95% |
20% to 30% | 297 | 30.49%, see rank | 26.38% | 27.64% |
30% to 40% | 135 | 13.86%, see rank | 10.90% | 13.74% |
40% or More | 122 | 12.53%, see rank | 13.68% | 20.29% |
*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.
Monthly Owner Costs for Housing Units without a Mortgage
Median Owner Costs, see rank
Salem, IN | 336 USD |
Indiana | 375 USD |
U.S. | 457 USD |
Owner Costs Distribution
Monthly Owner Costs | Salem, IN | % | Indiana | U.S. |
$199 or Less | 105 | 15.93%, see rank | 8.65% | 7.76% |
$200 to $299 | 112 | 17.00%, see rank | 22.03% | 14.70% |
$300 to $499 | 378 | 57.36%, see rank | 44.41% | 34.63% |
$500 to $699 | 47 | 7.13%, see rank | 17.12% | 21.16% |
$700 or More | 17 | 2.58%, see rank | 7.80% | 21.75% |
Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Salem, IN | 13.10% of the Total Income |
Indiana | 10.90% of the Total Income |
U.S. | 12.30% of the Total Income |
Owner Cost as a Percentage of the Total Income, Distribution
Salem, IN | % | Indiana | U.S. | |
10% or Less | 225 | 34.14%, see rank | 45.90% | 40.19% |
10% to 20% | 241 | 36.57%, see rank | 31.56% | 31.47% |
20% to 30% | 63 | 9.56%, see rank | 10.56% | 12.24% |
30% to 40% | 74 | 11.23%, see rank | 4.39% | 5.64% |
40% or More | 56 | 8.50%, see rank | 6.50% | 9.16% |
*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.
Units in Structure
Salem, IN | Indiana | U.S. | |
Total Housing Units | 2,927, 100% | 2,811,617 | 132,741,033 |
1-unit, Detached | 2,019, 68.98%, see rank | 72.70% | 61.65% |
1-unit, Attached | 44, 1.50%, see rank | 3.65% | 5.82% |
2 Units | 154, 5.26%, see rank | 2.59% | 3.75% |
3 or 4 Units | 154, 5.26%, see rank | 3.58% | 4.43% |
5 to 9 Units | 26, 0.89%, see rank | 4.55% | 4.78% |
10 or More Units | 198, 6.76%, see rank | 7.83% | 13.08% |
Mobile Home, Boat, RV, Van, etc. | 332, 11.34%, see rank | 5.11% | 6.49% |
*Based on 2010-2014 data. View historical units in structure data.
Rooms
Salem, IN | Indiana | U.S. | |
Total Housing Units | 2,927, 100% | 2,811,617 | 132,741,033 |
1 Room | 89, 3.04%, see rank | 1.26% | 1.95% |
2 Rooms | 18, 0.61%, see rank | 1.46% | 2.48% |
3 Rooms | 231, 7.89%, see rank | 6.64% | 9.13% |
4 Rooms | 536, 18.31%, see rank | 14.31% | 16.60% |
5 Rooms | 701, 23.95%, see rank | 21.67% | 20.41% |
6 Rooms | 444, 15.17%, see rank | 20.12% | 18.06% |
7 Rooms | 521, 17.80%, see rank | 13.67% | 12.27% |
8 Rooms | 137, 4.68%, see rank | 9.17% | 8.48% |
9 Rooms or More | 250, 8.54%, see rank | 11.69% | 10.60% |
Median Rooms | 5.30, see rank | 5.70 | 5.50 |
*Based on 2010-2014 data. View historical rooms data.
Bedrooms
Salem, IN | Indiana | U.S. | |
Total Housing Units | 2,927, 100% | 2,811,617 | 132,741,033 |
No Bedroom | 89, 3.04%, see rank | 1.38% | 2.17% |
1 Bedroom | 310, 10.59%, see rank | 9.26% | 11.16% |
2 Bedrooms | 938, 32.05%, see rank | 26.57% | 26.69% |
3 Bedrooms | 1,169, 39.94%, see rank | 44.05% | 39.70% |
4 Bedrooms | 396, 13.53%, see rank | 15.33% | 16.05% |
5 or More Bedrooms | 25, 0.85%, see rank | 3.40% | 4.22% |
*Based on 2010-2014 data. View historical bedrooms data.
House Heating Fuel
Salem, IN | Indiana | U.S. | |
Total Housing Units | 2,507, 100% | 2,492,183 | 116,211,092 |
Utility Gas | 1,476, 58.88%, see rank | 61.00% | 48.85% |
Bottled, Tank, or LP Gas | 7, 0.28%, see rank | 7.17% | 4.86% |
Electricity | 952, 37.97%, see rank | 27.77% | 36.68% |
Fuel Oil, Kerosene, etc. | 24, 0.96%, see rank | 0.96% | 5.86% |
Coal or Coke | 0, 0.00%, see rank | 0.14% | 0.12% |
Wood | 48, 1.91%, see rank | 2.21% | 2.12% |
Solar Energy | 0, 0.00%, see rank | 0.02% | 0.05% |
Other Fuel | 0, 0.00%, see rank | 0.46% | 0.47% |
No Fuel Used | 0, 0.00%, see rank | 0.27% | 1.00% |
*Based on 2010-2014 data. View historical house heating fuel data.
Gross Rent
Monthly Rental | Salem, IN | Indiana | U.S. |
Occupied Units Paying Rent | 800, 100% | 716,461 | 39,201,928 |
$199 or Less | 20, 2.50%, see rank | 1.90% | 1.50% |
$200 to $299 | 65, 8.13%, see rank | 3.46% | 3.18% |
$300 to $499 | 179, 22.38%, see rank | 10.51% | 7.37% |
$500 to $699 | 310, 38.75%, see rank | 27.49% | 16.01% |
$700 to $999 | 180, 22.50%, see rank | 37.65% | 29.17% |
$1,000 to $1,499 | 46, 5.75%, see rank | 15.48% | 26.88% |
$1,500 to $1,999 | 0, 0.00%, see rank | 2.39% | 9.79% |
$2,000 or More | 0, 0.00%, see rank | 1.13% | 6.10% |
Median | $578, see rank | $741 | $920 |
*Based on 2010-2014 data. View historical gross rent data.
Vehicle Available
Salem, IN | Indiana | U.S. | |
Occupied Housing Units | 2,507, 100% | 2,492,183 | 116,211,092 |
No Vehicles Available | 309, 12.33%, see rank | 6.86% | 9.12% |
1 Vehicles Available | 1,061, 42.32%, see rank | 32.87% | 33.80% |
2 Vehicles Available | 611, 24.37%, see rank | 38.90% | 37.48% |
3 or More Vehicles Available | 526, 20.98%, see rank | 21.37% | 19.61% |
*Based on 2010-2014 data. View historical vehicle available data.