Salem, IL
7,236Residents
$59,728Median household income
$774/moMedian gross rent
$106,100Median home value
39.1Median age
16%Adults with a bachelor’s degree or higher
65%Homes lived in by their owners
1.8×Home value to household income
Median rent takes about 16% of the median household income in Salem.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $31,000 a year. In Illinois that leaves roughly $2,130 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.