Salem is a city in Virginia state in USA with a population of 25290 residents.. The poverty rate of Salem is 8.7%, which is 38% lower than national average. The typical household in Salem earns $63411 a year, compared to the national median of $67,500. Nearly 37.9% 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 91% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Salem remained 4.9%, which is 4% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Salem, only 30% of adults have a bachelor's degree and 33% have some college but no degree.

Cost of living in Salem is 93, which is 7% lower than national average. Median home value in Salem is $200000 , which is 13% lower than national average. While median income in Salem remained $63411, which is 6% lower than national average.