What percentage of people rent in Salem, IN?
26.3% (±5.3 points) of the occupied homes in Salem, IN are rented (2020–2024 American Community Survey).
That is 713 renting households against 1,993 that own their home.
In Salem, the share of households that rent went from 34.9% in 2015–2019 to 26.3% in 2020–2024 (−8.6 percentage points), a measurable decrease.
Figures last updated on .
- Households that rent
- 26.3% (±5.3 points)
- Renting households
- 713 (±131)
- Median renter income
- $26,250 (±$6,742)
Who rents and who owns in Salem
| Salem | Washington County | Indiana | United States | |
|---|---|---|---|---|
| Renter-occupied share | 26.3% (±5.3 points) | 17.9% (±2.1 points) | 29.4% (±0.3 points) | 34.8% |
| Renting households | 713 (±131) | 2,015 (±250) | 799,766 (±7,038) | 45,017,354 |
| Owning households | 1,993 (±305) | 9,214 (±269) | 1,916,243 (±9,865) | 84,210,142 |
| Average renter household size | 2.6 (±0.9) | 2.6 (±0.4) | 2.2 (±0.0) | 2.3 |
| Average owner household size | 2.2 (±0.1) | 2.5 (±0.1) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $26,250 (±$6,742) | $36,514 (±$6,373) | $42,811 (±$480) | $52,966 |
| Median owner household income | $67,369 (±$10,353) | $72,884 (±$5,399) | $87,459 (±$395) | $100,009 |
In Salem, the renter share is higher than in Washington County (17.9%).
It is not measurably different from Indiana (29.4%).
It is lower than the national figure (34.8%).
In Washington County, Salem ranks 4 of 19 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 465 of 1,600.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Salem has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 34.9% (±5.3 points) | 26.3% (±5.3 points) | −8.6 percentage points | Measurable decrease |
| Median gross rent | $557 (±$165) | $690 (±$113) | +23.9% | No measurable change after inflation |
| Median household income | $36,339 (±$6,105) | $56,538 (±$6,839) | +55.6% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Households that rent in places near Salem
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Salem | — | 26.3% (±5.3 points) | — |
| Washington Township (Washington County) | 0.7 mi | 23.8% (±4.2 points) | Not measurably different |
| Pierce Township | 6.3 mi | 19.8% (±8.2 points) | Not measurably different |
| Jefferson Township (Washington County) | 7.9 mi | 34.5% (±19.5 points) | Not measurably different |
| Howard Township (Washington County) | 8.3 mi | 3.2% (±4.8 points) | Lower |
| Franklin Township (Washington County) | 8.3 mi | 12.4% (±9.7 points) | Lower |
| Vernon Township (Washington County) | 8.3 mi | 0.0% (±10.6 points) | Lower |
| New Pekin | 8.4 mi | 37.8% (±10.0 points) | Higher |
| Monroe Township (Washington County) | 8.7 mi | 11.6% (±14.2 points) | Not measurably different |
Nearby places with a measurably lower figure: Howard Township (Washington County), IN (3.2%), Franklin Township (Washington County), IN (12.4%), Vernon Township (Washington County), IN (0.0%).
Nearby places with a measurably higher figure: New Pekin, IN (37.8%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Washington County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Campbellsburg | 39.1% (±13.6 points) |
| 2 | New Pekin | 37.8% (±10.0 points) |
| 3 | Jefferson Township (Washington County) | 34.5% (±19.5 points) |
| 4 | Salem | 26.3% (±5.3 points) |
| 5 | Washington Township (Washington County) | 23.8% (±4.2 points) |
| 6 | Polk Township (Washington County) | 20.7% (±11.3 points) |
| 7 | Pierce Township | 19.8% (±8.2 points) |
| 8 | Brown Township (Washington County) | 19.7% (±8.3 points) |
| 9 | Posey Township (Washington County) | 17.4% (±10.3 points) |
| 10 | Gibson Township | 16.4% (±12.0 points) |
Showing 10 of 19 places in Washington County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Salem
How many renters are there in Salem?
Salem has an estimated 713 (±131) renting households, 26.3% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Salem?
In Salem, the share of households that rent went from 34.9% in 2015–2019 to 26.3% in 2020–2024 (−8.6 percentage points), a measurable decrease.
How big are renting households in Salem?
A renting household in Salem has 2.6 people on average, against 2.2 in an owned home.
How much do renters earn in Salem?
The median renting household in Salem, IN has an income of $26,250 (±$6,742) a year, against $67,369 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Salem city, Indiana
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Salem city, Indiana
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Salem city, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Salem city, Indiana
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Salem city, Indiana
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Salem city, Indiana (place:67464, in state:18).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Salem at a glance
- Median rent in Salem
- Rent by bedrooms in Salem
- Rent burden in Salem
- Income and affordability in Salem
- Home values in Salem
- Homeowner costs in Salem
- Property taxes in Salem
- Types of homes in Salem
- Bedrooms in Salem
- Age of homes in Salem
- Heating fuel in Salem
- Commute and cars in Salem
- Population growth in Salem
- How long people stay in Salem
- Crowding and facilities in Salem
- Indiana landlord and tenant rules
- Housing across Washington County
- Indiana places ranked by share of renters
- Housing data for every place in Indiana