What percentage of people rent in Salem, NC?

28.2% (±12.1 points) of the occupied homes in Salem, NC are rented (2020–2024 American Community Survey).

That is 295 renting households against 750 that own their home.

In Salem, the share of households that rent went from 21.5% in 2015–2019 to 28.2% in 2020–2024 (+6.7 percentage points), not a measurable change.

Figures last updated on .

Households that rent
28.2% (±12.1 points)
Renting households
295 (±141)
Median renter income
$74,769 (±$47,100)

Who rents and who owns in Salem

Tenure, estimate (90% margin of error)
SalemBurke CountyNorth CarolinaUnited States
Renter-occupied share28.2% (±12.1 points)25.5% (±1.9 points)33.4% (±0.2 points)34.8%
Renting households295 (±141)9,252 (±734)1,428,852 (±8,279)45,017,354
Owning households750 (±163)27,054 (±741)2,853,493 (±14,473)84,210,142
Average renter household size2.0 (±0.5)2.3 (±0.1)2.3 (±0.0)2.3
Average owner household size2.4 (±0.3)2.4 (±0.0)2.5 (±0.0)2.6
Median renter household income$74,769 (±$47,100)$42,241 (±$5,701)$48,010 (±$418)$52,966
Median owner household income$68,016 (±$15,516)$67,247 (±$3,967)$88,911 (±$521)$100,009

In Salem, the renter share is not measurably different from Burke County (25.5%).

It is not measurably different from North Carolina (33.4%).

It is not measurably different from the national figure (34.8%).

In Burke County, Salem ranks 4 of 10 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 363 of 663.

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 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent21.5% (±9.5 points)28.2% (±12.1 points)+6.7 percentage pointsNot a measurable change
Median gross rent$622 (±$56)$856 (±$164)+37.6%No measurable change after inflation
Median household income$49,375 (±$11,990)$68,988 (±$13,864)+39.7%No measurable change 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

Nearest places with a published estimate, compared with Salem
PlaceDistanceHouseholds that rentCompared with this place
Salem—28.2% (±12.1 points)—
Morganton2.8 mi45.3% (±4.5 points)Higher
Glen Alpine5.1 mi15.3% (±7.4 points)Not measurably different
Drexel6.5 mi28.0% (±8.5 points)Not measurably different
Valdese8.1 mi27.1% (±7.8 points)Not measurably different
Rutherford College10 mi26.9% (±12.0 points)Not measurably different
Connelly Springs12 mi41.2% (±14.9 points)Not measurably different
Nebo12 mi25.1% (±19.9 points)Not measurably different
Gamewell13 mi38.8% (±12.6 points)Not measurably different

Nearby places with a measurably higher figure: Morganton, NC (45.3%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Burke County, place by place

RankPlaceHouseholds that rent
1Morganton45.3% (±4.5 points)
2Connelly Springs41.2% (±14.9 points)
3Hildebran34.9% (±10.9 points)
4Salem28.2% (±12.1 points)
5Drexel28.0% (±8.5 points)
6Valdese27.1% (±7.8 points)
7Rhodhiss27.0% (±10.8 points)
8Rutherford College26.9% (±12.0 points)
9Icard23.9% (±12.7 points)
10Glen Alpine15.3% (±7.4 points)

Salem is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Salem

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Questions about Salem

How many renters are there in Salem?

Salem has an estimated 295 (±141) renting households, 28.2% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Salem?

In Salem, the share of households that rent went from 21.5% in 2015–2019 to 28.2% in 2020–2024 (+6.7 percentage points), not a measurable change.

How big are renting households in Salem?

A renting household in Salem has 2.0 people on average, against 2.4 in an owned home.

How much do renters earn in Salem?

The median renting household in Salem, NC has an income of $74,769 (±$47,100) a year, against $68,016 for households that own their home.

Sources

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 CDP, North Carolina (place:58740, in state:37).

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.

Request a Census API 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 .

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