Home / Select Cities  /  2024 Comparing Colchester, VT vs. Salem, VA

2024 Compare Cities Economy:
Colchester, VT vs Salem, VA

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Highlights
- Household income in Salem, is 21% less than it is in Colchester and is 4% below the National Average.
- Colchester unemployment rate is 2.6%.
- Salem unemployment rate is 4.6%.

Economy
 Colchester, VTSalem, VAUnited States
 Unemployment Rate2.6%4.6%6.0%
 Recent Job Growth0.6%1.5%1.6%
 Future Job Growth29.7%32.0%33.5%
 Sales Taxes7.0%5.3%6.2%
 Income Taxes6.6%5.8%4.6%
 Income per Cap.$39,382$36,244$37,638
 Household Income$83,869$66,472$69,021
 Family Median Income$97,135$84,224$85,028
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 Est. Households By Income
 Colchester, VTSalem, VAUnited States
 Income Less Than 15K7.2%7.9%9.4%
 Income between 15K and 20K1.4%3.9%3.8%
 Income between 20K and 30K7.0%8.7%8.1%
 Income between 30K and 40K7.7%7.3%8.0%
 Income between 40K and 50K4.8%9.0%7.6%
 Income between 50K and 60K6.2%8.8%7.2%
 Income between 60K and 75K10.1%8.2%9.6%
 Income between 75K and 100K18.3%14.1%12.8%
 Income between 100K and 150K22.2%17.4%16.3%
 Income between 150K and 200K6.7%7.4%7.8%
 Income greater than 200K8.5%7.2%9.5%
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 Population By Occupation
 Colchester, VTSalem, VAUnited States
 Management, business, finance16.6%15.7%16.4%
 Engineering, computers, science12.1%4.0%6.5%
 Community, social services2.8%2.6%1.8%
 Legal0.1%1.2%1.2%
 Education, library7.2%7.9%6.2%
 Arts, design, media, sports, entertainment2.3%1.5%2.0%
 Healthcare practitioners and technology6.3%7.3%6.2%
 Healthcare support3.2%2.6%3.3%
 Firefighters, law enforcement1.3%2.6%2.1%
 Food preparation, serving4.3%5.5%5.4%
 Building maintenance3.6%3.1%3.6%
 Personal care3.4%4.2%2.6%
 Sales, office, administrative support22.6%21.0%20.9%
 Farming, fishing, forestry0.3%0.2%0.6%
 Construction, extraction, maintenance/repair5.6%7.1%8.1%
 Production, transportation, material moving8.5%13.6%13.1%

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Reviews for Colchester    2 Reviews

Colchester is a very nice and picturesque town. Taxes however are high and housing costs if you want to own your own place may be prohibitive in light of the cost of  More

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This community called Colchester, immediately north of (and part of the greater community of) Burlington Vermont, is a wonderful three season recreational  More

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Reviews for Salem    4 Reviews

Over 8 years ago

I am looking for property in  More

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Over 9 years ago

When we moved from Glen Allen VA to Salem I had read on here that cost of living including housing was cheaper. Housing is less unless you want a house bigger than 1300  More

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Over 13 years ago

Salem is a lovely town surrounded by the beauty of the Blue Ridge mountains. Spring, Summer and Fall is exceptionally beautiful with moderate climate and lots of  More

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ZIPS IN COLCHESTER, VERMONT
No Zip Codes Here.
ZIPS IN SALEM, VIRGINIA
24153

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