C+

Salem, VA

Source:

Affordability Score: 61/100

Population: 37,761 · 1 ZIP codes

The affordability dashboard for Salem, VA aggregates Census ACS 5-Year Estimates across 1 ZIP code covering 37,761 residents, then layers in county-level federal data to produce an overall grade of C+ (61/100). The headline inputs are median household income of $74,260, median home value of $266,500, median rent of $1,124 per month, and 31.3% of adults holding a bachelor's degree or higher. These four metrics alone explain most of the variance between city dashboards.

Cross-agency feeds widen the picture beyond Census demographics. HUD publishes a Fair Market Rent for a 2-bedroom in this county at $1,254 per month (studio $1,004, 1BR $1,053, 3BR $1,743, 4BR $2,104). Department of Labor data lists infant center-based childcare at $12,125 per year, consuming 16% of the local median household income.

Reading the overall grade requires reading all seven dimensions together. The score weights Income 20%, Safety 20%, Housing 15%, Rent 15%, Education 10%, Commute 10%, and Childcare 10%, with each sub-score benchmarked against national percentiles rather than state averages — so the grade is genuinely comparable across any city in the country. Strengths visible in the raw data for Salem, VA include rent. Unemployment currently reads 4.0% and poverty 9.9% — numbers worth keeping alongside the headline grade.

Score Breakdown

Income C+
$74,260
Median household income
Education C-
31.3%
Bachelor's degree or higher
Housing D
3.6x
Home value $266,500 vs income
Commute B
20 min
Average commute time
Rent B+
$1,254/mo
2BR fair market rent (20% of income)
Safety N/A
N/A
Violent crime rate (county)
Childcare D
$12,125/yr
Center-based infant care (16% of income)

Income & Employment

Median Income
$74,260
▲ 20% vs national
Per Capita Income
$40,856
Unemployment Rate
4.0%
Poverty Rate
9.9%

Housing

Median Home Value
$266,500
▼ 3% vs national
Median Rent
$1,124/mo
Owner Occupied
71.3%
2BR Fair Market Rent
$1,254/mo
▲ 5% vs national

Fair Market Rents by Bedroom

Studio
$1,004
1BR
$1,053
2BR
$1,254
3BR
$1,743
4BR
$2,104

Safety

Violent Crime Rate
Data Source
FBI UCR (county-level)

Education & Family

Bachelor's Degree+
31.3%
▲ 1 ppt vs national
High School+
63.6%
Median Age
42.3
Avg. Commute
20 min
▼ 6 min vs national

Childcare Costs

Infant (Center)
$12,125/yr
16% of income
Toddler (Center)
$8,823/yr
Preschool (Center)
$8,105/yr
School-Age (Center)
$7,949/yr

What This Means

Salem, VA receives an overall affordability grade of C+ (61/100), aggregated from 1 ZIP codes with a total population of 37,761. This area performs well in rent. Data was unavailable for safety — these dimensions were excluded from the overall score.

Nearby City Dashboards

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What are common questions about this dashboard?

Is Salem, VA affordable?
Salem, VA receives an overall affordability grade of C+ (61/100) based on Census, HUD, FBI, and DOL data. Median household income is $74,260. Median home value is $266,500.
What is the cost of living in Salem?
Key cost metrics: Median rent $1,124/mo. 2BR fair market rent $1,254/mo. Infant childcare $12,125/yr. Median home value $266,500.
How is the affordability score calculated?
The score evaluates 7 dimensions weighted by importance: Income (20%), Safety (20%), Housing (15%), Rent (15%), Education (10%), Commute (10%), and Childcare (10%). Each metric is compared against national percentile benchmarks from Census, HUD, FBI, and DOL data.

Data as of 2024. Source: U.S. Census Bureau ACS 5-Year Estimates. Source: HUD Fair Market Rents. Source: FBI Uniform Crime Report. Source: DOL National Database of Childcare Prices. Verify with HUD →