Median home value is about $569,300 — about 64% above the U.S. median home value ($348,079).
Housing tenure and rents show median gross rent around $1,238 (about 6% above the U.S. median rent ($1,163)), and owner-occupancy near 93.0% (about 27.6 points above the national owner-occupancy rate (65.4%)).
To comfortably buy a median-priced home in ZIP 84653 in Salem, UT, a household would need roughly $157,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $3,657. That is about 41% above the local median household income ($111,420), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.