Salem has a population of approximately 716 and experiences a population change rate of -9.94%. The population density is 596.7 / sq mi .
Salem, NM
Salem has a population of approximately 716 and experiences a population change rate of -9.94%. The population density is 596.7 / sq mi .
The median household income for Salem is $18,586, with 237 households and an average household size of 3.02.
The median value of a home in Salem is $46,600 with an appreciation rate of 12.50%. 44.30% of housing in the state is owned while 55.70% is rented.
The cost of living in Salem is 79.3 %.
The unemployment rate in Salem is 3.90%, and recent job growth is at 1.54%. Future job growth is projected at 41.29%.
The sales tax rate in Salem is 6.63%, while the income tax rate is 4.90% .
School expenditures in Salem are $12,307, and the school ratio is 15.1:1.
The average high temperature in July is 95.4 degrees, with an average low temperature in January of 24.5 degrees. The average rainfall is approximately 11 inches per year, with 3.3 inches of snow per year.