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Salem Illinois Real Estate By Jennifer Hershey

Salem Illinois Real Estate

Salem, Illinois, is located in Marion County, 72 miles E of St. Louis, Missouri and 170 miles SW of Indianapolis, Indiana. Salem has a population of 7,909.

Salem Homes

Salem properties pool is 3,279 residential properties including Salem new homes. Median age of real estate in Salem is 1965. Average Household size is 2.91 people. 2% are one bedroom homes, 24% are 2 bedroom homes, 59% are 3 bedroom homes, 10% are 4 bedroom homes, and 4% are 5+ bedroom homes.

Salem Mortgage Statistics

Salem mortgages vs. USA median statistics

Homes Salem USA
Homes With No Mortgage 39%
30%
Homes With Mortgage 61%
70%
First Mortgage Only 50%
54%
First & Second Mortgage or HELOC 11%
16%

Salem Area Real Estate Tax

Salem Real estate Tax: Median Real Estate Taxes (2000) were $1,053 comparing to 1999 Median Family income $ 42,070. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Salem School District: Children make up 23.5% of Salem population. Salem has 1,859 under 18 years old residents, or 0.53 kids per one worker, or 0.57 kids per one household.

Salem Real Estate & Salem Homeownership

There are 1049.28 or 32% one person households, 1114.86 or 34% two person households, and 459.06 or 14% three person households in Salem, Illinois. Median residents age is 39.3, Senior citizens (65+) make up 1,553 or 19.6%% of Salem population.

There are 3,489 workers (over 16 years of age) in Salem. Of these, 94.55% drive to work. Approximately 0% of workers in Salem take public transportation. An estimated 2.92% walk to work.

Median Salem homeowner's housing expences are 15.3%

Crime in Salem (2003), crimes per 10,000 residents per year

Type of Crime Salem USA, 2003
Violent Crimes
NaN
47.5
Robberies
NaN
14.2
Aggravated Assaults
NaN
29.5
Property Crimes
NaN
358.8
Burglaries
NaN
74.0
Larceny-Thefts
NaN
241.5
Motor Vehicle Thefts
NaN
43.3

Invest in Salem Properties

When making a decision about buying real estate in Salem Illinois area, you should consider following statistical data:

Category Salem USA
Near Medium City
St. Louis, Missouri
-
Near Large City
Indianapolis, Indiana
-
Salem Zip Codes
62881
-
Salem Area Codes
618
-
White population
97.13%
75.1%
African-American population
0.72%
12.3%
Asian
1.15%
3.6%
American Indian & Alaskan
0.3%
0.9%
Hispanic (of any race)
0.72%
12.5%
Median Family Income (1999)
$ 42,070%
$42,000
Population Below Poverty Level
8.81%
12.4%

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