Apartments for rent in Salem, VA

A small city located in Virginia, Salem has just under 26,000 residents. Retirees make up a greater percentage of the population (19%) here than nationally (14%), while young professionals appear in smaller numbers. Renters tend to be in the minority in the city, and 66% of residents own their homes. Renting remains an affordable option, though, as the city boasts a relatively low average rent of $922 per month. Over the course of a year, renters in Salem will save around $4,300 compared to the state average.

Salem has a relatively high concentration of residents over the age of 25 with an Associate's degree (7%) compared to the national average (5%). In addition, 12% possess a Bachelor's degree and 6% have a Master's or Doctoral degree. There are three primary industries in Salem: retail, healthcare, and education. Together, these industries account for 22% of the city's workforce. Meanwhile, looking at job function, 9% of the city's population works in sales, making it the top field in the city. With an average annual income of about $68,000, Salem workers earn around $20,000 less than their peers elsewhere in Virginia. Salem's average income also trails the national average of $73,345.

With an average commute time of about 21 minutes, shorter than most cities in the state, Salem residents are well aware that it isn't overly time-consuming to travel to work. Driving a car or truck is the typical means of commuting to work, chosen by 43% of commuters, while public transportation isn't extensively used. Relatively few residents (2%) walk to work, though the number surpasses the national average.