Salem vs Rapid City: Housing
| Salem | Rapid City | |
|---|---|---|
| Median Home Value | $166,700 | $299,400 |
| Median Gross Rent | $965/mo | $1,109/mo |
| Homeownership Rate | 68.0% | 62.9% |
| Rent as Share of Income | 15.5% | 18.8% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.