Salem is a city in Utah state in USA with a population of 8403 residents.. The poverty rate of Salem is 2.4%, which is 83% lower than national average. The typical household in Salem earns $86745 a year, compared to the national median of $67,500. Nearly 15.7% 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 98% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Salem remained 3.5%, which is 26% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Salem, only 42% of adults have a bachelor's degree and 36% have some college but no degree.

Cost of living in Salem is 109, which is 9% higher than national average. Median home value in Salem is $362600 , which is 58% higher than national average. While median income in Salem remained $86745, which is 29% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.