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The total population of Salem is estimated to be 879 with 428 males (48.69%) and 451 females (51.31%). There are 23 more females than males in Salem.
The median household income in Salem was $41,517 in 2021, which marked an a decrease of 4,022(8.83%) from $45,539 in 2020. This income is 55.65% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Salem sees its highest median household income among householders in the age group of 25 to 44 years old, at $103,266. Overall, the median household income for the city of Salem stands at $41,517.
In Salem, the median income for all workers aged 15 years and older, regardless of work hours, was $23,645 for males and $15,613 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $63,053 for males and $40,728 for females.
In Salem, population is primarily represented by White households, reporting a median income of $41,394.
In 2022, the population of Salem was 721, a 0.28% decrease year-by-year from 2021. Previously, in 2021, Salem's population was 723, an increase of 0.84% compared to a population of 717 in 2020.
The median age in Salem, KY is 50.6, as per 2021 ACS 5-Year Estimates. Of the total population, 14.24% were under the age of 15, 14.10% aged 15 to 29, 42.44% aged 30 to 64, 24.96% aged 65 to 84, and 4.26% were 85 years of age and older.
Racial distribution of Salem population: 90.46% are White, 5.58% are Black or African American, 0.73% are Asian and 3.23% are multiracial.