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2024 Compare Cities Economy:
Saco, ME vs Salem, VA

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Highlights
- Household income in Salem, is 9% less than it is in Saco and is 4% below the National Average.
- Saco unemployment rate is 5.8%.
- Salem unemployment rate is 4.6%.

Economy
 Saco, MESalem, VAUnited States
 Unemployment Rate5.8%4.6%6.0%
 Recent Job Growth1.4%1.5%1.6%
 Future Job Growth40.0%32.0%33.5%
 Sales Taxes5.5%5.3%6.2%
 Income Taxes6.8%5.8%4.6%
 Income per Cap.$40,927$36,244$37,638
 Household Income$72,700$66,472$69,021
 Family Median Income$97,702$84,224$85,028
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 Est. Households By Income
 Saco, MESalem, VAUnited States
 Income Less Than 15K7.5%7.9%9.4%
 Income between 15K and 20K3.3%3.9%3.8%
 Income between 20K and 30K5.5%8.7%8.1%
 Income between 30K and 40K7.0%7.3%8.0%
 Income between 40K and 50K7.8%9.0%7.6%
 Income between 50K and 60K8.9%8.8%7.2%
 Income between 60K and 75K11.3%8.2%9.6%
 Income between 75K and 100K12.7%14.1%12.8%
 Income between 100K and 150K18.5%17.4%16.3%
 Income between 150K and 200K9.2%7.4%7.8%
 Income greater than 200K8.3%7.2%9.5%
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 Population By Occupation
 Saco, MESalem, VAUnited States
 Management, business, finance20.0%15.7%16.4%
 Engineering, computers, science7.5%4.0%6.5%
 Community, social services2.0%2.6%1.8%
 Legal0.3%1.2%1.2%
 Education, library6.8%7.9%6.2%
 Arts, design, media, sports, entertainment1.8%1.5%2.0%
 Healthcare practitioners and technology5.2%7.3%6.2%
 Healthcare support3.6%2.6%3.3%
 Firefighters, law enforcement1.1%2.6%2.1%
 Food preparation, serving4.7%5.5%5.4%
 Building maintenance3.2%3.1%3.6%
 Personal care2.6%4.2%2.6%
 Sales, office, administrative support20.5%21.0%20.9%
 Farming, fishing, forestry1.4%0.2%0.6%
 Construction, extraction, maintenance/repair7.8%7.1%8.1%
 Production, transportation, material moving11.6%13.6%13.1%

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Reviews for Saco    1 Reviews

I have lived in Saco for many years and work in the area. It is such a wonderful place to live and shop in. Residents helpful and friendly, city government progressive  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 SACO, MAINE
04072
ZIPS IN SALEM, VIRGINIA
24153

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