Salem, KY Housing Market & City Data

Explore key insights and real experiences from people who call Salem home. Use the data below as a starting point to compare and discover what makes this city a great place to live.

723

Population Estimate

$78,085

Median Home Value

94.2%

Employment Rate

12.8%

Bachelor's Degree+

Housing & Demographic Overview

Key insights about the community

Data as of October 2026

HOUSING DATA (October 2026)

Median Price per SqFt$115

Median Listing Price$229,900

Median Days on Market47

Active Listings7

New Listings0

Total Listings (Active + Pending)7

Avg Listing Price$846,371

Avg Listing Price Change MoM-32%

Avg Listing Price Change YoY390%

HOUSEHOLD OVERVIEW

Family Size2.92

Family Dual Income41.2

Median Household Income$37,206

Median Individual Income$19,348

Home Ownership73.8%

Home Value$78,085

Median Rent$558

Rent Burden-

Poverty11.5%

EDUCATION, GENDER & MARITAL STATUS

EDUCATION

No Highschool Degree or GED19.1%
Highschool Education39.0%
Some College29.1%
Bachelors Degree7.1%
Graduate Degree5.7%
Total College or Above12.8%
Stem Degree20.8%

GENDER BREAKDOWN

Male46.3%
Female53.7%

MARITAL STATUS

Married55.4%
Divorced14.7%
Never Married14.5%
Widowed15.5%

CITY DATA & AGE BREAKDOWN

CITY DATA

CitySalem

State IDKY

Population723

AGE BREAKDOWN

Age Group	% of Population
Under 18	17.9%
19–29	7.3%
30–39	9.1%
40–49	7.7%

Age Group	% of Population
50–59	16.5%
60–69	15.9%
70–79	14.6%
80+	11.1%

WORKFORCE, ETHNICITY & OTHER

WORKFORCE

Labor Force Participation39.8%

Unemployment Rate5.8%

Disabled32.2%

ETHNICITY

White94.6%

Black1.4%

Asian0.4%

Native American0.0%

Pacific Islander0.4%

Other0.0%

Multiple3.1%

OTHER

Hispanic1.6%

Limited English0.0%

Health Uninsured11.5%

Veteran7.2%

Local Discussions

Community questions and conversations about living in Salem, KY.

Is Salem, KY a good place to buy a house?
Local perspectives on Salem home prices, buyer demand, neighborhoods, and what to consider before buying a home.
0
What are the best neighborhoods in Salem, KY for families?
Local insights on Salem neighborhoods, schools, parks, commute times, and other factors families may want to consider.
0
What should home buyers know about the Salem, KY housing market?
Local insights on Salem home prices, housing inventory, buyer competition, and current real estate market conditions.
0
Is it better to buy or rent a home in Salem, KY?
Compare Salem home prices, rents, monthly housing costs, and other factors that can affect the decision to buy or rent.
0
What are the most affordable neighborhoods in Salem, KY?
Explore Salem neighborhoods where home buyers may find more affordable housing options and better value for their budget.
0
How much income do you need to buy a house in Salem, KY?
Learn how Salem home prices, down payments, mortgage costs, and other expenses can affect how much income buyers may need.
0
How much are property taxes on a home in Salem, KY?
Learn how Salem property taxes are calculated and how they can affect the overall cost of owning a home.
0
What are the best neighborhoods in Salem, KY for first-time home buyers?
Explore Salem neighborhoods first-time home buyers may consider based on home prices, location, amenities, and lifestyle.
0
What is it like to live in Salem, KY?
Local perspectives on Salem neighborhoods, cost of living, weather, commuting, things to do, and everyday life.
0
What should I know before moving to Salem, KY?
What newcomers should know about Salem housing costs, neighborhoods, transportation, weather, and everyday expenses.
0