Salem, KY Profile: Facts & Data

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Salem, Kentucky - Basic Facts

The City of Salem had a population of 732 as of July 1, 2024.

The primary coordinate point for Salem is located at latitude 37.2645 and longitude -88.2442 in Livingston County. The formal boundaries for the City of Salem encompass a land area of 0.85 sq. miles and a water area of 0 sq. miles. Livingston County is in the Central time zone (GMT -6).

The City of Salem has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Kentucky is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The City of Salem is located within Salem Division of Livingston County.


Jump to... (On This Page!)
  1. Salem 2024 Demographic Data
  2. Growth Rates for Salem (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Kentucky Research Tools (Easy Tools & Current Data)
  3. Kentucky Data Comparison Tool - 2024 Demographics
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Salem, KY Data & Demographics (As of July 1, 2024)

POPULATION

Total Population 732 (100%)
Population in Households 679 (92.8%)
Population in Families 570 (77.9%)
Population in Group Quarters1 53 ( 7.2%)
Population Density 860
Diversity Index2 18
 
 

INCOME

Median Household Income $45,559
Average Household Income $66,148
% of Income for Mortgage4 15%
Per Capita Income $27,051
Wealth Index5 49
Socioeconomic Status Index6 Low (44.6)
 

HOUSING

Total HU (Housing Units) 355 (100%)
Owner Occupied HU 233 (65.6%)
Renter Occupied HU 65 (18.3%)
Vacant Housing Units 57 (16.1%)
Median Home Value $111,058
Average Home Value $154,077
Housing Affordability Index3 170
 

HOUSEHOLDS

Total Households 298
Average Household Size 2.28
Family Households 201
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

2020-2024 2024-2029
Population 0.32% 0.00%
Households -0.16% -0.13%
Families   -0.50%
Median Household Income   2.84%
Per Capita Income   2.11%
Owner Occupied HU   -0.26%

Salem, KY - Peer Comparisons by Rank and Percentile

The table below compares Salem to the other 555 incorporated cities, towns and CDPs in Kentucky by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 286 49th
Population Density # 269 52nd
Median Household Income # 424 24th
Housing Affordability Index # 453 82nd
Per Capita Income # 376 32nd
Diversity Index # 344 38th

Additional comparisons and rankings can be made with a VERY EASY TO USE Kentucky Census Data Comparison Tool.

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