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These days, finding an affordable place to live in the Salem Center area can be challenging. Home prices in Salem Center are now at a median cost of $193,929, lower than the Indiana average of $232,932.
The average cost of rent is $986/mo in Salem Center, primarily driven by the current value of real estate in the Salem Center area. In Salem Center, 11.80% of households rent, and 33.34% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Salem Center is $6,572 per month. Households that rent pay about 15.00% of their income on rent here. Salem Center’s most expensive areas are in the eastern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Hudson, IN: less expensive homes
- Helmer, IN: higher priced homes
- Flint, IN: equally priced homes
- Pleasant Lake, IN: equally priced homes
- Ashley, IN: less expensive homes
- Steubenville, IN: higher priced homes
- Angola, IN: higher priced homes
- Mount Pisgah, IN: higher priced homes
- Indianola, IN: higher priced homes
- York, IN: higher priced homes
Cities with Similar Populations
- Talma, IN: less expensive homes
- Eldred, NY: higher priced homes
- Elk Garden, VA: less expensive homes
- Ellington, NY: less expensive homes
- Ellis, OH: higher priced homes
- Fairview, KS: less expensive homes
- Fickling Mill, GA: less expensive homes
- Fields, NC: less expensive homes
- Figg, KY: higher priced homes
- Findley Lake, NY: equally priced homes
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