Salem, KY Housing Statistics

A

59%

Med. Home Val. NAT. AVG.

41%

Rent NAT. AVG.

16%

Owner Occ. NAT. AVG.

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Salem Housing Information

Index	Salem	Kentucky	National
Median home price	$75,400	$126,100	$184,700
Median rent asked	$560	$690	$949
Avg. people per household	2.0	2.5	2.6
Owner occupied households	73.6%	66.8%	63.6%
Renter occupied households	26.4%	33.2%	36.4%

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Housing Quick Facts

The median home price in Salem is 59% lower than the national average.
The median rent asked in Salem is 41% lower than the national average.
The average number of people per household in Salem is 22% lower than the national average.
The number of owner occupied households in Salem is 16% higher than the national average.
The number of renter occupied households in Salem is 27% lower than the national average.

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Nearby cities with low home prices

	Population	Home Price	National Avg.
Dycusburg, KY	62	$0	100%
Tolu, KY	18	$0	100%
Cave-In-Rock, IL	199	$46,700	75%
Elizabethtown, IL	300	$51,500	72%
Rosiclare, IL	1,020	$57,300	69%
Salem, KY	653	$75,400	59%

Cities with similar population

	Population	Home Price	National Avg.
Armour, SD	653	$82,700	55%
Rocky Ripple, IN	653	$135,700	27%
Cattle Creek, CO	653	$0	100%
Holiday Hills, IL	653	$156,100	15%
Hagerman, NM	653	$67,500	63%
Salem, KY	653	$75,400	59%

Source: The Salem, KY housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS).