Living in Salem, Utah
Cost of living, income, home prices, rent and demographics of Salem · Census data 2020–2024
Salem has 10,324 residents with a median age of 29.3. The median household income is $111,117 (17% higher than the Utah median), the median home value is $605,700, the median rent is $1,592/month.
Salem at a glance
- Population
- 10,324
- Median age
- 29.3State: 32
- Median household income
- $111,117State: $95,166
- Median home value
- $605,700State: $489,400
- Median rent
- $1,592/moState: $1,496
- Homeowners
- 93.7%
- Bachelor's degree or higher
- 39%
- Average commute
- 24 min
Is Salem a good place to live?
Pros: Median household income 17% higher than the Utah median; a poverty rate of 4.2%.
Cons: Home values 24% higher than the state median; an average commute of 24 minutes; unemployment of 4.7%.
The weather is best in May–June and September–October.
Cost of living in Salem
Housing is the biggest part of the cost of living. In Salem the median home value is $605,700, 82% higher than the U.S. median. Renters pay a median of $1,592 per month, which is 23.4% of household income. Homeowners with a mortgage pay $2,217 a month in housing costs.
Salem median household income
The median household income in Salem is $111,117 and the income per person is $38,521. 4.2% of residents live below the poverty line (Utah: 8.5%).
Housing in Salem: homes for sale and rent
- Housing units
- 2,992
- Owner-occupied
- 93.7%
- Renter-occupied
- 6.3%
- Vacant
- 0.7%Includes seasonal homes
- Median year built
- 2005
- Average household size
- 3.48
Salem demographics
- Population
- 10,324
- Median age
- 29.3
- Under 18
- 35.8%
- 65 and older
- 9.8%
- Households
- 2,970
- Foreign-born
- 2.7%
- Veterans
- 3.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Salem ›
Education in Salem
39% of adults 25 and older in Salem have a bachelor's degree or higher (Utah: 37.7%), and 12.6% have a graduate or professional degree.
Jobs and commute in Salem
- Unemployment rate
- 4.7%State: 3.6%
- Average commute
- 24 minState: 22 min
- Work from home
- 14.3%
- Drive alone
- 75.9%
- Public transit
- 0.5%
- Walk to work
- 0%
- Homes with broadband
- 96.1%
Salem vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Salem | 10,324 | $111,117 | $605,700 | $1,592 |
| Woodland Hills | 1,559 | $151,964 | $812,500 | $1,750 |
| Elk Ridge | 4,898 | $143,167 | $614,800 | — |
| Payson | 23,039 | $89,905 | $429,600 | $1,549 |
| Spanish Fork | 44,946 | $104,844 | $481,500 | $1,489 |
| Benjamin | 864 | $69,632 | $687,500 | $1,401 |
| Spring Lake | 657 | $94,936 | $554,900 | — |
| Palmyra | 301 | $97,188 | $687,500 | — |
| West Mountain | 1,282 | $111,791 | $658,100 | — |
More for people moving to Salem
Salem ZIP code ›Weather and climate ›Living in Salem: FAQ
What is the median household income in Salem, UT?
The median household income in Salem is $111,117, 17% higher than the Utah median of $95,166 (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 $605,700, compared with $489,400 in Utah.
How much is rent in Salem?
The median gross rent in Salem is $1,592 per month, about 23.4% of household income.
Is Salem, UT a good place to live?
Pluses: median household income 17% higher than the Utah median; a poverty rate of 4.2%. Minuses: home values 24% higher than the state median; an average commute of 24 minutes; unemployment of 4.7%.
What is the median age in Salem?
The median age in Salem is 29.3 years (Utah: 32).
How long is the commute in Salem?
The average commute to work in Salem is 24 minutes; 14.3% of workers work from home.
What is the unemployment rate in Salem?
The unemployment rate in Salem is 4.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Salem?
39% 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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