Salem is a somewhat small city located in the state of Utah. With a population of 10,393 people and two associated neighborhoods, Salem is the 68th largest community in Utah. There's nothing like the smell of a brand new house, and in Salem, you'll find that a large proportion of houses were recently built. New growth in residential real estate is an indication that people are choosing to move to Salem, and putting down their money on brand new construction. Salem’s real estate is, on average, some of the newest in the nation. Salem does seem to be experiencing an influx of affluent people, because the median household income is $101,700.00.
Housing costs in Salem are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in Utah.
Also of interest is that Salem has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 13.62% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Because of many things, Salem is a great place for families with children to consider. First of all, many other families with children live here, making Salem a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The city’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Salem has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Salem’s overall crime rate is lower than average for the country.
The education level of Salem ranks among the highest in the nation. Of the 25-and-older adult population in Salem, 41.30% have at least a bachelor's degree. The typical US community has just 21.84% of its adults holding a bachelor's degree or graduate degree.
The per capita income in Salem in 2022 was $36,763, which is upper middle income relative to Utah and the nation. This equates to an annual income of $147,052 for a family of four. However, Salem contains both very wealthy and poor people as well.
The people who call Salem home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Salem residents report their race to be White, followed by Black or African-American. Important ancestries of people in Salem include English, German, Swedish, Danish, and Scottish.
The most common language spoken in Salem is English. Other important languages spoken here include Spanish and Portuguese.