Median Income
$48,205
household / year
Median Home Value
$132,800
owner-occupied
Median Rent
$638
gross / month
Cost of Living
94
national avg = 100

Is Salem, IN a Good Place to Live?

Salem is a small town of 6,330 in Indiana, with a median household income of $48,205 and a 1.9% unemployment rate. Its cost of living index is 94 (US average = 100), which is 6% below the national average.

Strengths: Salem stands out for an affordable cost of living, below-average home prices, solid school ratings (B).

Trade-offs: No major red flags stand out in the available data. Whether Salem is right for you depends on your priorities — the full breakdown is below.

All Salem city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 94.0

Salem's overall cost of living index is 94.0, where 100 represents the US national average. Living in Salem costs roughly 6% less than the average American city.

Metric Salem, IN National Avg
Median Home Value $132,800 $244,900
Median Monthly Rent $638 $1,163
Homeownership Rate 69.5% 65.9%
Median Household Income $48,205 $74,755

Crime & Safety

Very Safe

Salem's violent crime rate is 167.6 per 100,000 residents — 56% lower than the national average of ~380 per 100,000.

Violent Crime
167.6 /100k
Property Crime
299.6 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Salem is served primarily by Salem Community Schools. The student-to-teacher ratio is 12.2:1 (better than the national average of ~16:1).

Metric Salem, IN National Avg
School District Salem Community Schools
Elementary Schools 1
Middle Schools 1
High Schools 1
Student/Teacher Ratio 12.2:1 16:1
Bachelor's Degree or Higher 15.1% 35.4%
High School Diploma or Higher 85.6% 91.1%

Weather & Climate

Salem sees average highs of 41.0°F in January and 86.6°F in July, with 46.9 inches of annual precipitation and 14.1 inches of snow per year.

MetricSalem, IN
Average High — January41.0°F
Average High — July86.6°F
Annual Precipitation46.9"
Annual Snowfall14.1"

Demographics

MetricSalem, INNational Avg
Population6,330
Median Age40.638.9
Unemployment Rate1.9%3.7%
Avg Commute Time27.1 min26 min
White (non-Hispanic)94.7%59.3%
Black or African American0.0%13.6%
Hispanic or Latino3.2%18.9%
Asian0.1%6.3%
Under 1821.2%22.2%
65 and over20.8%16.8%

Nearby Cities

ZIP Codes in Salem

Salem, IN is covered by 1 ZIP code:

Salem vs Other Cities

Frequently Asked Questions

Salem's cost of living index is 94, where 100 is the national average. That makes Salem roughly 6% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $132,800 and median rent is $638/month.
Salem's violent crime rate is 167.6 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 299.6 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Salem are operated by Salem Community Schools. The district has 1 elementary, 1 middle, and 1 high schools. The student-to-teacher ratio is 12.2:1. 15.1% of adults 25+ hold a bachelor's degree or higher.
Salem, IN has a population of 6,330, a median household income of $48,205, and an unemployment rate of 1.9%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Salem averages 41.0°F in January and 86.6°F in July. Annual rainfall is 46.9 inches with about 14.1 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Salem, IN is covered by 1 ZIP code: 47167.
The population of Salem, Indiana is 6,330 with a median age of 40.6. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Salem: cost of living index 94 (100 = US average), median home $132,800, median household income $48,205, crime index 32 (100 = US average, lower is safer), schools rated B. Whether these are benefits or drawbacks depends on where you're coming from — compare Salem side by side with your current city to see the trade-offs.