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Salem, AL 36874 has a population of approximately 8,117 and experiences a population change rate of 26.28%. The population density is 72.9 / sq mi .
The median household income for Salem, AL 36874 is $59,985, with 3,487 households and an average household size of 2.72.
The median value of a home in Salem, AL 36874 is $258,700 with an appreciation rate of 13.50%. 76.34% of housing in the state is owned while 7.08% is rented.
The cost of living in Salem, AL 36874 is 97.2 %.
The unemployment rate in Salem, AL 36874 is 1.60%, and recent job growth is at 2.97%. Future job growth is projected at 48.92%.
The sales tax rate in Salem, AL 36874 is 8.00%, while the income tax rate is 5.00% .
School expenditures in Salem, AL 36874 are $12,328, and the school ratio is 19.3:1.
The average high temperature in July is 91.8 degrees, with an average low temperature in January of 34.6 degrees. The average rainfall is approximately 50.3 inches per year, with 0.4 inches of snow per year.