2025 Compare Cities Economy:
Salem, SD vs Silver Lake, MN

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Highlights
- Household income in Silver Lake, is 6% less than it is in Salem and is 11% below the National Average.
- Salem unemployment rate is 2.9%.
- Silver Lake unemployment rate is 5.1%.
 Salem, SDSilver Lake, MNUnited States
 Unemployment Rate  Unlock5.1%6.0%
 Recent Job Growth  Unlock0.3%1.6%
 Future Job Growth29.1%  Unlock33.5%
 Sales Taxes6.5%  Unlock6.2%
 Income Taxes  Unlock7.1%4.6%
 Income per Cap.$26,722  Unlock$37,638
 Household Income  Unlock$62,000$69,021
 Family Median Income$79,063  Unlock$85,028
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 Est. Households By Income
 Salem, SDSilver Lake, MNUnited States
 Income Less Than 15K  Unlock6.8%9.4%
 Income between 15K and 20K1.8%  Unlock3.8%
 Income between 20K and 30K  Unlock2.5%8.1%
 Income between 30K and 40K13.8%  Unlock8.0%
 Income between 40K and 50K  Unlock12.3%7.6%
 Income between 50K and 60K10.1%  Unlock7.2%
 Income between 60K and 75K  Unlock10.7%9.6%
 Income between 75K and 100K17.6%  Unlock12.8%
 Income between 100K and 150K  Unlock22.7%16.3%
 Income between 150K and 200K2.8%  Unlock7.8%
 Income greater than 200K  Unlock0.5%9.5%
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 Population By Occupation
 Salem, SDSilver Lake, MNUnited States
 Management, business, finance10.3%  Unlock16.4%
 Engineering, computers, science  Unlock3.2%6.5%
 Community, social services1.8%  Unlock1.8%
 Legal  Unlock0.0%1.2%
 Education, library5.3%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock3.7%2.0%
 Healthcare practitioners and technology4.1%  Unlock6.2%
 Healthcare support  Unlock0.6%3.3%
 Firefighters, law enforcement2.5%  Unlock2.1%
 Food preparation, serving  Unlock5.0%5.4%
 Building maintenance1.4%  Unlock3.6%
 Personal care  Unlock2.8%2.6%
 Sales, office, administrative support25.0%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair12.6%  Unlock8.1%
 Production, transportation, material moving  Unlock43.5%13.1%
Reviews for Salem    2 Reviews

We're looking forward to the slower pace, family oriented appeal of Salem SD!  More

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Salem is a safe, affordable, quiet place with a caring, friendly, intelligent population. Salem is close enough to Sioux Falls to not feel isolated from civilization,  More

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Reviews for Silver Lake    1 Reviews

Over 14 years ago

Silver Lake, MN is a Great place to live and commute to work in other  More

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