New Salem, IL
93Residents
$46,875Median household income
$732/moMedian gross rent
$84,000Median home value
34.5Median age
24%Adults with a bachelor’s degree or higher
68%Homes lived in by their owners
1.8×Home value to household income
Median rent takes about 19% of the median household income in New Salem.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $29,000 a year. In Illinois that leaves roughly $2,004 a month after tax. See the full paycheck breakdown for $30,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.