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Salem (Tract 046014)

Virginia Beach, Virginia

FIPS 51810046014

Juniper

Salem (Tract 046014) is in the lowest 1% nationally for FEMA risk score. It also sits in the highest 15% nationally for median rent. And it sits in the highest 18% nationally for median income.

Typical Home Valuemedian home value (ACS), re-priced to today on the FHFA index

$448,925

Higher than 64% of U.S. tracts
Home Price Growth, Past Five Years

58%

Higher than 68% of U.S. tracts
FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

1.7

Lower than 99% of U.S. tracts

The basics

Total Population

7,241

Median Age

34.9

Population Density

8,576.85

Home values & property tax

Median Property Tax

$2,683

Property Tax Rateyearly tax as a share of home value

0.77%

Cost of living & affordability

Home Price vs Incomeyears of income to buy a typical home

2.96×

Lower than 71% of U.S. tracts
Median Income

$117,098

Higher than 82% of U.S. tracts
Median Rent

$2,111

Higher than 85% of U.S. tracts

Home prices & appreciation

Home Price Growth, Past Year

7.1%

Higher than 72% of U.S. tracts
Pandemic Price Run-Up2019–20 low → 2022–23 peak

39%

2008 Crash: Peak-to-Trough Drophow far prices fell, 2007 → 2011

21%

Climate & weather

Summer Avg High (°F)

85.4

Winter Avg Low (°F)

33.4

Avg Temperature (°F)

59.8

Hot Days/yr (>90°F)

32.2

Freezing Days/yr (<32°F)

50.1

Annual Precipitation (in)

54.7

Annual Snowfall (in)

3.4

Flood & disaster risk

Coastal Flood Loss per $1,000

$0

The full report

Six pillars — each with percentile benchmarks, 16-year trends, and per-metric detail.

  • People

  • Work & Money

  • Housing

  • Amenities

  • Climate

  • Environment & Risk

Salem (Tract 046014): frequently asked questions

What is the typical home value in Salem (Tract 046014)?
The estimated median home value in Salem (Tract 046014) today is $448,925, higher than 64% of U.S. tracts.
How much is property tax in Salem (Tract 046014)?
The median annual property tax in Salem (Tract 046014) is $2,683, an effective rate of 0.77% of home value.
Is Salem (Tract 046014) expensive to live in?
Homes in Salem (Tract 046014) cost about 2.96× the median household income, lower than 71% of U.S. tracts.
What is the average rent in Salem (Tract 046014)?
The median gross rent in Salem (Tract 046014) is $2,111 a month, higher than 85% of U.S. tracts.
How much have home prices grown in Salem (Tract 046014)?
Home prices in Salem (Tract 046014) have moved 58% over the past five years (7.1% in the past year), per the FHFA House Price Index.
How many people live in Salem (Tract 046014)?
Salem (Tract 046014) has a population of 7,241, about 8,576.85 people per square mile, per the U.S. Census American Community Survey. The median age is 34.9.
What is the weather like in Salem (Tract 046014)?
Salem (Tract 046014) averages 59.8°F year-round, summer highs near 85.4°F, winter lows around 33.4°F (NOAA 1991–2020 normals). It sees about 3.4 inches of snow a year.
Is Salem (Tract 046014) at risk of flooding or natural disasters?
Salem (Tract 046014)'s FEMA National Risk Index score is 1.7 (lower than 99% of U.S. tracts). Its greatest modeled natural hazard is hurricane. Expected annual loss from flooding is $0 per $1,000 of building value.

Sources: U.S. Census ACS, FEMA National Risk Index, FHFA House Price Index, OpenStreetMap contributors (ODbL), EPA. Explore the map →

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