Salem, VA
25,618Residents
$66,725Median household income
$1,133/moMedian gross rent
$258,600Median home value
40.0Median age
33%Adults with a bachelor’s degree or higher
63%Homes lived in by their owners
3.9×Home value to household income
Median rent takes about 20% 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 $45,000 a year. In Virginia that leaves roughly $2,989 a month after tax. See the full paycheck breakdown for $45,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.