Local Data Search

 
USA.com / Indiana / Washington County / Salem, IN / Housing

Salem, IN Housing

 
Hot Rankings
Fastest / Slowest Growing Cities Nearby
Best / Worst Cities by Crime Rate Nearby
Richest / Poorest Cities by Income Nearby
Expensive / Cheapest Homes Nearby
Most / Least Educated Cities Nearby
Fastest / Slowest Growing Cities in IN
High / Low IN Cities by Males Employed
High / Low IN Cities by Females Employed
Best / Worst Cities by Crime Rate in IN
Richest / Poorest Cities by Income in IN
Expensive / Cheapest Homes by City in IN
Most / Least Educated Cities in IN

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.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 1,633 Owner Occupied Houses in Salem, IN, #335
Salem, IN
84,800 USD
Indiana
122,700 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #207
Salem, IN
26.19%
Indiana
30.12%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Salem, INIndianaU.S.
Total Housing Units2,927, see rank, 100%2,811,617132,741,033
Occupied Housing Units2,507, 85.65%, see rank88.64%87.55%
Owner Occupied1,633, 55.79%, see rank61.56%56.34%
Renter Occupied874, 29.86%, see rank27.07%31.21%
Vacant Housing Units420, 14.35%, see rank11.36%12.45%
For Rent76, 2.60%, see rank2.40%2.34%
For Sale Only69, 2.36%, see rank1.47%1.20%
Rented or Sold, Not Occupied83, 2.84%, see rank1.24%0.92%
For Seasonal, Recreational, or Occasional Use0, 0.00%, see rank1.64%3.97%
For Migrant Workers0, 0.00%, see rank0.02%0.03%
Other Vacant192, 6.56%, see rank4.59%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #253
Salem, INIndianaU.S.
196419721976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Salem, IN%IndianaU.S.
Owner-Occupied Units1,633100%1,730,95474,787,460
With a Mortgage97459.64%, see rank68.12%65.58%
Without a Mortgage65940.36%, see rank31.88%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 CostsSalem, IN%IndianaU.S.
$299 or Less00.00%, see rank0.35%0.20%
$300 to $499686.98%, see rank3.15%1.59%
$500 to $69920921.46%, see rank9.90%5.01%
$700 to $99943044.15%, see rank26.58%14.32%
$1,000 to $1,49921522.07%, see rank35.46%27.90%
$1,500 to $1,999444.52%, see rank14.79%20.35%
$2,000 to $2,99980.82%, see rank7.60%19.52%
$3,000 or More00.00%, see rank2.17%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%IndianaU.S.
10% or Less414.21%, see rank7.60%5.86%
10% to 20%35736.65%, see rank41.01%31.95%
20% to 30%29730.49%, see rank26.38%27.64%
30% to 40%13513.86%, see rank10.90%13.74%
40% or More12212.53%, see rank13.68%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 CostsSalem, IN%IndianaU.S.
$199 or Less10515.93%, see rank8.65%7.76%
$200 to $29911217.00%, see rank22.03%14.70%
$300 to $49937857.36%, see rank44.41%34.63%
$500 to $699477.13%, see rank17.12%21.16%
$700 or More172.58%, see rank7.80%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%IndianaU.S.
10% or Less22534.14%, see rank45.90%40.19%
10% to 20%24136.57%, see rank31.56%31.47%
20% to 30%639.56%, see rank10.56%12.24%
30% to 40%7411.23%, see rank4.39%5.64%
40% or More568.50%, see rank6.50%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Salem, INIndianaU.S.
Total Housing Units2,927, 100%2,811,617132,741,033
1-unit, Detached2,019, 68.98%, see rank72.70%61.65%
1-unit, Attached44, 1.50%, see rank3.65%5.82%
2 Units154, 5.26%, see rank2.59%3.75%
3 or 4 Units154, 5.26%, see rank3.58%4.43%
5 to 9 Units26, 0.89%, see rank4.55%4.78%
10 or More Units198, 6.76%, see rank7.83%13.08%
Mobile Home, Boat, RV, Van, etc.332, 11.34%, see rank5.11%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Salem, INIndianaU.S.
Total Housing Units2,927, 100%2,811,617132,741,033
1 Room89, 3.04%, see rank1.26%1.95%
2 Rooms18, 0.61%, see rank1.46%2.48%
3 Rooms231, 7.89%, see rank6.64%9.13%
4 Rooms536, 18.31%, see rank14.31%16.60%
5 Rooms701, 23.95%, see rank21.67%20.41%
6 Rooms444, 15.17%, see rank20.12%18.06%
7 Rooms521, 17.80%, see rank13.67%12.27%
8 Rooms137, 4.68%, see rank9.17%8.48%
9 Rooms or More250, 8.54%, see rank11.69%10.60%
Median Rooms5.30, see rank5.705.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Salem, INIndianaU.S.
Total Housing Units2,927, 100%2,811,617132,741,033
No Bedroom89, 3.04%, see rank1.38%2.17%
1 Bedroom310, 10.59%, see rank9.26%11.16%
2 Bedrooms938, 32.05%, see rank26.57%26.69%
3 Bedrooms1,169, 39.94%, see rank44.05%39.70%
4 Bedrooms396, 13.53%, see rank15.33%16.05%
5 or More Bedrooms25, 0.85%, see rank3.40%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Salem, INIndianaU.S.
Total Housing Units2,507, 100%2,492,183116,211,092
Utility Gas1,476, 58.88%, see rank61.00%48.85%
Bottled, Tank, or LP Gas7, 0.28%, see rank7.17%4.86%
Electricity952, 37.97%, see rank27.77%36.68%
Fuel Oil, Kerosene, etc.24, 0.96%, see rank0.96%5.86%
Coal or Coke0, 0.00%, see rank0.14%0.12%
Wood48, 1.91%, see rank2.21%2.12%
Solar Energy0, 0.00%, see rank0.02%0.05%
Other Fuel0, 0.00%, see rank0.46%0.47%
No Fuel Used0, 0.00%, see rank0.27%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalSalem, INIndianaU.S.
Occupied Units Paying Rent800, 100%716,46139,201,928
$199 or Less20, 2.50%, see rank1.90%1.50%
$200 to $29965, 8.13%, see rank3.46%3.18%
$300 to $499179, 22.38%, see rank10.51%7.37%
$500 to $699310, 38.75%, see rank27.49%16.01%
$700 to $999180, 22.50%, see rank37.65%29.17%
$1,000 to $1,49946, 5.75%, see rank15.48%26.88%
$1,500 to $1,9990, 0.00%, see rank2.39%9.79%
$2,000 or More0, 0.00%, see rank1.13%6.10%
Median$578, see rank$741$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Salem, INIndianaU.S.
Occupied Housing Units2,507, 100%2,492,183116,211,092
No Vehicles Available309, 12.33%, see rank6.86%9.12%
1 Vehicles Available1,061, 42.32%, see rank32.87%33.80%
2 Vehicles Available611, 24.37%, see rank38.90%37.48%
3 or More Vehicles Available526, 20.98%, see rank21.37%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
The USA.com website and domain are privately owned and are not operated by or affiliated with any government or municipal authority.
© 2024 World Media Group, LLC.
about us | contact us | terms of use | privacy policy