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Salem Apartment Features
For SaleSalem, IN Homes for Sale
Living In Salem, IN
Salem, Indiana is a small town with a population of just over 6,000. Retirees make up a greater percentage of the population (19%) here than nationally (14%). Overall, the town's residents, at an average age of just under 41, are older than most cities in Indiana. Just 33% of residents rent in Salem, as home ownership is common in the town. With a relatively low average rent of $589 a month in the town, renting remains an affordable option, particularly compared to other cities in Indiana. Each month, renters in Salem will pay around $239 less compared to the state average.
Salem has an average commute time of about 28 minutes. Driving is the prevailing way to get to work, chosen by 38% of workers, while public transportation isn't used. Few workers commute on foot.
Compared to the national average, Salem has a high number of residents older than 25 who have earned a high school degree or GED (31%). Furthermore, 10% have earned a Bachelor's, Master's, Professional, or Doctoral degree. Many Salem residents work in one of three industries: manufacturing, healthcare, and retail. Combined, these industries make up 24% of the town's labor force. Meanwhile, in terms of job function, 8% of residents work in transportation, making it the top career path in the town. Salem workers earn an average annual income of about $48,000, around $15,000 less than the state average. The town's average income also falls below the national average ($73,345).
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