Home / Select Cities  /  2024 Comparing Lexington, KY vs. Salem, VA

2024 Compare Cities Economy:
Lexington, KY vs Salem, VA

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Highlights
- Household income in Salem, is 8% more than it is in Lexington and is 4% below the National Average.
- Lexington unemployment rate is 4.3%.
- Salem unemployment rate is 4.6%.

Economy
 Lexington, KYSalem, VAUnited States
 Unemployment Rate4.3%4.6%6.0%
 Recent Job Growth1.4%1.5%1.6%
 Future Job Growth37.8%32.0%33.5%
 Sales Taxes6.0%5.3%6.2%
 Income Taxes7.8%5.8%4.6%
 Income per Cap.$37,475$36,244$37,638
 Household Income$61,526$66,472$69,021
 Family Median Income$84,028$84,224$85,028
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 Est. Households By Income
 Lexington, KYSalem, VAUnited States
 Income Less Than 15K10.6%7.9%9.4%
 Income between 15K and 20K3.9%3.9%3.8%
 Income between 20K and 30K9.8%8.7%8.1%
 Income between 30K and 40K9.0%7.3%8.0%
 Income between 40K and 50K7.7%9.0%7.6%
 Income between 50K and 60K8.1%8.8%7.2%
 Income between 60K and 75K9.5%8.2%9.6%
 Income between 75K and 100K12.3%14.1%12.8%
 Income between 100K and 150K14.9%17.4%16.3%
 Income between 150K and 200K6.3%7.4%7.8%
 Income greater than 200K7.8%7.2%9.5%
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 Population By Occupation
 Lexington, KYSalem, VAUnited States
 Management, business, finance16.5%15.7%16.4%
 Engineering, computers, science6.8%4.0%6.5%
 Community, social services1.8%2.6%1.8%
 Legal1.6%1.2%1.2%
 Education, library8.5%7.9%6.2%
 Arts, design, media, sports, entertainment2.4%1.5%2.0%
 Healthcare practitioners and technology8.4%7.3%6.2%
 Healthcare support2.7%2.6%3.3%
 Firefighters, law enforcement1.4%2.6%2.1%
 Food preparation, serving6.0%5.5%5.4%
 Building maintenance3.2%3.1%3.6%
 Personal care3.1%4.2%2.6%
 Sales, office, administrative support21.0%21.0%20.9%
 Farming, fishing, forestry0.7%0.2%0.6%
 Construction, extraction, maintenance/repair4.9%7.1%8.1%
 Production, transportation, material moving11.1%13.6%13.1%

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Reviews for Lexington    62 Reviews

Lexington is a beautiful city. There are tons of tree lined streets and even trees in both sides of the city's only freeway. It's relatively small, which can be both  More

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Over 3 years ago

Very beautiful/underrated city!!  More

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I have lived here now for over five years, originally from the west coast and here is my top 10 for why you should NOT move here. #1 The Culture: They have none, it  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 LEXINGTON, KENTUCKY
40509, 40517, 40515, 40511, 40503, 40504, 40502, 40508, 40505, 40514, 14 total
ZIPS IN SALEM, VIRGINIA
24153

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