Regional Profile
As of 2024 the population of New Salem is 1,009. The population is expected to grow to 1,056 by 2029 - a growth rate of 0.91%.
The median age of New Salem residents is 44.
The diversity index of New Salem is 9.3, meaning that there is a 9% chance that any two people selected out of 100 residents will be of different race or ethnicity from one another.
The average household income in New Salem is $76,924 and projected to be $86,640 in 2029. Per capita income is $29,938, projected to be $33,762 in 2029. 1.29% of households – 13 – have an income of $200,000 or higher. Average net worth is $741,328 and the average disposable income is $63,874.
There are 476 housing units in New Salem; 333 are owner-occupied, 58 are rented, and 85 are vacant. The average home value is $240,691, with 19 homes built in 2010 or later, and 131 built in 1939 or earlier.
There are 61 businesses in New Salem, employing 539 workers and pulling from a labor force of 451 age 16 and above. 149 workers commute into New Salem from outside the county or state. Key industries for the area include:
300 residents both live and work in/around New Salem. The average travel time is 0.0 minutes. 26.67% people have a commute of less than 5 minutes while 2.33% commute 90 minutes or more each way. Of commuters, 375 drive alone, 31 carpool, and 0 take public transportation. 11 use other modes of transport such as motorcycle, bicycle, walking, etc. 34 residents work from home.
290 members of the workforce hold a high school diploma or GED. 80 have associates degrees, 97 have bachelor’s degrees, and 16 hold a graduate or professional degree.
