New Salem, IL

This village of 129 residents needs 4 more housing units over the next five years.

Housing snapshot

Population
129 (2026)
Households
54
Median household income
$56,554 (2026)
Typical home value
$134,273
Owner-occupied
52%
Five-year housing need
4 units

Comparison to other Illinois municipalities

New Salem: $56,554 Median income (2026 estimate)
<$26K >$180K
New Salem: None jobs to household ratio
<0.06 >2.32
New Salem: No permit data
<0% >5.1%
On this page

How affordable is this community?

In New Salem, IL, the typical home price of $134,273 is below the Illinois average of $175,449. New Salem, IL's median household income of $56,554 comfortably exceeds what is needed to afford the typical home, making this a relatively affordable market.

This chart tracks whether housing prices are keeping pace with local incomes. The gap between what homes cost and what households can afford reveals affordability trends over time.

How has employment changed over time?

Jobs by industry sector since 2012. Switch between local jobs — counted where the jobs are located — and resident jobs, counted where the workers live. On the local view the most recent year is a nowcast: it grows the latest local LODES job mix forward using recent county employment growth from QCEW and the BLS local employment series, so the newest point tracks today's economy instead of data that is roughly two years old.

How are households changing by income?

New Salem, IL has roughly 54 households and a population that has been largely stable in recent years.

Understanding how households at different income levels are growing or declining helps identify which groups face the greatest housing pressure and where new housing is most needed.

Who lives here today?

The housing stock in New Salem, IL is heavily oriented toward detached single-family, which makes up 97% of units. New Salem, IL is roughly split between owners and renters, at 52% owner-occupied.

Households may have different structure type preferences depending on characteristics such as household size, income, employment, presence of children, age of individuals, and lifestyle choices. Understanding the housing stock in corresponding terms helps assess how well existing units align with existing households' ideals.

What does the housing stock look like?

The mix of housing types and ownership patterns shapes a community's character. This chart breaks down housing units by structure type and whether they're owner-occupied or rented.

How does this place compare to similar communities?