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- Land
- 88 Acres
27720 Easter Ferry Rd, Elkmont, AL 35620
27720 Easter Ferry Rd, Elkmont, AL 35620
Frequently Asked Questions
Is Salem a good place to live?
Salem is a good place to live. Salem is considered very car-dependent and somewhat bikeable. Salem is a rural neighborhood. It is sparse in population with 1.0 people per acre and a median age of 44. The average household income is $86,677 which is below the national average. College graduates make up 14.9% of residents. A majority of residents in Salem are home owners, with 17% of residents renting and 83% of residents owning their home. A local real estate agent serving Salem can help you decide if this neighborhood is the right one for you. Learn more on our Salem neighborhood guide.
How much do you need to make to afford a house in Salem?
The median home price in Salem is $247,500. If you put a 20% down payment of $49,500 and had a 30-year fixed mortgage with an interest rate of 7.03%, your estimated principal and interest payment would be $1,320 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $57K a year to afford the median home price in Salem. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Salem is $87K.
What are the best public schools in Salem?
The best public schools that serve Salem are:
- West Limestone High School has a B Niche grade, a student teacher ratio of 18:1 and an average review score of 3.6.
- Owens Elementary School has a B Niche grade and a student teacher ratio of 15:1.
What are the most popular zip codes in Salem, Athens, AL?
What are the most popular neighborhoods near Salem, Athens, AL?
The most popular neighborhoods near Salem, Athens, AL are Persimmon Grove, Cartwright, Coxey-Lawngate, Piney Chapel and Fairview Park.
Are home prices dropping in Salem?
Yes, home prices in Salem are down 41% in the last 12 months.
