The median home value in North Salem, IN is $289,300. This is lower than the county median home value of $307,300. The national median home value is $338,100. The average price of homes sold in North Salem, IN is $289,300. Approximately 73.91% of North Salem homes are owned, compared to 15.42% rented, while 10.67% are vacant. North Salem real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a North Salem real estate agent to arrange a tour today!
Learn More About North Salem Real EstateNorth Salem has a population of approximately 611 and experiences a population change rate of 3.38%. The population density is 2,350 / sq mi.
The median household income for North Salem is $53,194, with 226 households and an average household size of 2.7.
The cost of living index in North Salem is 97.8%.
The median value of a home in North Salem is $289,300 with an appreciation rate of 17.9%. 73.9% of housing in the city is owned while 15.4% is rented.
The unemployment rate in North Salem is 2.10%, and recent job growth is at 2.54%. Future job growth is projected at 48.55%.
The sales tax rate in North Salem is 7.00%, while the income tax rate is 3.23%.
School expenditures in North Salem are $13,510, and the school ratio is 16.9:1.
The average high temperature in July is 83.7 degrees, with an average low temperature in January of 17.5 degrees. The average rainfall is approximately 42.5 inches per year, with 16.2 inches of snow per year.
Metric | City | County |
---|---|---|
High School Graduates | 85.68 | 95.12 |
College Degree - 2 year | 23.96 | 8.44 |
College Degree - 4 year | 17.45 | 39.46 |
Graduate Degree | 1.3 | 10.67 |
Expenditures per Student | $13,510 | $13,510 |
Students per Teacher | 16.90 | 16.90 |
School | Grades | Students | P/T Ratio | ZIP |
---|---|---|---|---|
Granville Wells Elementary School | PK - 06 | 488 | 24.4 | 46147 |
North Elementary School | PK - 05 | 564 | 17.1 | 46122 |
North Salem Elementary School | PK - 05 | 248 | 17.3 | 46165 |
Roachdale Elementary School | KG - 05 | 255 | 15 | 46172 |
South Elementary School | 03 - 04 | 356 | 19.2 | 46122 |
School | Grades | Students | P/T Ratio | ZIP |
---|---|---|---|---|
Danville Middle School | 04 - 08 | 806 | 19.5 | 46122 |
North Putnam Middle School | 06 - 08 | 358 | 14.3 | 46172 |
Tri-West Middle School | 06 - 08 | 451 | 19.6 | 46149 |
School | Grades | Students | P/T Ratio | ZIP |
---|---|---|---|---|
Danville Community High School | 09 - 12 | 805 | 18.3 | 46122 |
North Putnam Senior High School | 09 - 12 | 484 | 14.2 | 46172 |
Tri-West Senior High School | 09 - 12 | 595 | 21.3 | 46149 |