Living in Salem, South Dakota

Cost of living, income, home prices, rent and demographics of Salem · Census data 2020–2024

Salem has 1,216 residents with a median age of 39.6. The median household income is $74,881 (about the same as the South Dakota median), the median home value is $166,700, the median rent is $965/month.

Salem is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Salem at a glance

Population
1,216
Median age
39.6State: 38
Median household income
$74,881State: $75,081
Median home value
$166,700State: $257,400
Median rent
$965/moState: $946
Homeowners
68%
Bachelor's degree or higher
26.6%
Average commute
23 min

Is Salem a good place to live?

Pros: Home values 35% lower than the state median; unemployment of 0.8%; a poverty rate of 5.6%.

Cons: Median household income about the same as the South Dakota median; an average commute of 23 minutes.

The weather is best in June to September.

Cost of living in Salem

Housing is the biggest part of the cost of living. In Salem the median home value is $166,700, 50% lower than the U.S. median. Renters pay a median of $965 per month, which is 28.4% of household income. Homeowners with a mortgage pay $1,186 a month in housing costs.

Median home value

Salem$166,700
South Dakota$257,400
United States$332,700

Median monthly rent

Salem$965
South Dakota$946
United States$1,413

Salem median household income

The median household income in Salem is $74,881 and the income per person is $36,486. 5.6% of residents live below the poverty line (South Dakota: 11.9%).

Median household income

Salem$74,881
South Dakota$75,081
United States$80,734

Housing in Salem: homes for sale and rent

Housing units
627
Owner-occupied
68%
Renter-occupied
32%
Vacant
17.4%Includes seasonal homes
Median year built
1974
Average household size
2.28

Salem demographics

Population
1,216
Median age
39.6
Under 18
27.6%
65 and older
23.1%
Households
518
Foreign-born
0%
Veterans
6.7%Adults 18+

Race and ethnicity

White88.5%
Hispanic or Latino6.4%
Black0%
Asian0%

Hispanic or Latino can be of any race. Population history of Salem ›

Education in Salem

26.6% of adults 25 and older in Salem have a bachelor's degree or higher (South Dakota: 31.9%), and 10% have a graduate or professional degree.

Bachelor's degree or higher

Salem26.6%
South Dakota31.9%
United States35.7%

Jobs and commute in Salem

Unemployment rate
0.8%State: 2.9%
Average commute
23 minState: 18 min
Work from home
7%
Drive alone
82.7%
Public transit
0%
Walk to work
4.3%
Homes with broadband
92.1%

Salem vs nearby towns

TownPopulationMedian incomeHome valueRent
Salem1,216$74,881$166,700$965
Canistota711$76,250$137,000$975
Spencer103$67,188$155,600$440
Montrose483$78,125$239,700$663
Canova159$63,125——
Bridgewater451$47,083$116,100$729
Emery539$67,321$152,400$675
Humboldt732$95,469$227,700$745
Monroe233$51,250$48,900$750

More for people moving to Salem

Salem ZIP code ›Weather and climate ›

Living in Salem: FAQ

What is the median household income in Salem, SD?

The median household income in Salem is $74,881, about the same as the South Dakota median of $75,081 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Salem?

The median home value in Salem is $166,700, compared with $257,400 in South Dakota.

How much is rent in Salem?

The median gross rent in Salem is $965 per month, about 28.4% of household income.

Is Salem, SD a good place to live?

Pluses: home values 35% lower than the state median; unemployment of 0.8%; a poverty rate of 5.6%. Minuses: median household income about the same as the South Dakota median; an average commute of 23 minutes.

What is the median age in Salem?

The median age in Salem is 39.6 years (South Dakota: 38).

How long is the commute in Salem?

The average commute to work in Salem is 23 minutes; 7% of workers work from home.

What is the unemployment rate in Salem?

The unemployment rate in Salem is 0.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Salem?

26.6% of adults in Salem have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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