Salem is a city in South Dakota state in USA with a population of 1260 residents.. The poverty rate of Salem is 9.8%, which is 30% lower than national average. The typical household in Salem earns $54342 a year, compared to the national median of $67,500. Nearly 46.8% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Salem, only 86% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Salem remained 3.9%, which is 17% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Salem, only 20% of adults have a bachelor's degree and 28% have some college but no degree.

Cost of living in Salem is 0, which is 100% lower than national average. Median home value in Salem is $107700 , which is 53% lower than national average. While median income in Salem remained $54342, which is 19% lower than national average.