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2024 Compare Cities Economy:
Salem, VA vs Cape Coral, FL

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Highlights
- Household income in Cape Coral, is 2% less than it is in Salem and is 6% below the National Average.
- Salem unemployment rate is 4.6%.
- Cape Coral unemployment rate is 4.6%.

Economy
 Salem, VACape Coral, FLUnited States
 Unemployment Rate4.6%4.6%6.0%
 Recent Job Growth1.5%1.9%1.6%
 Future Job Growth32.0%41.0%33.5%
 Sales Taxes5.3%6.5%6.2%
 Income Taxes5.8%0.0%4.6%
 Income per Cap.$36,244$34,586$37,638
 Household Income$66,472$65,282$69,021
 Family Median Income$84,224$74,656$85,028
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 Est. Households By Income
 Salem, VACape Coral, FLUnited States
 Income Less Than 15K7.9%7.6%9.4%
 Income between 15K and 20K3.9%2.3%3.8%
 Income between 20K and 30K8.7%8.7%8.1%
 Income between 30K and 40K7.3%8.5%8.0%
 Income between 40K and 50K9.0%9.1%7.6%
 Income between 50K and 60K8.8%9.4%7.2%
 Income between 60K and 75K8.2%11.2%9.6%
 Income between 75K and 100K14.1%15.4%12.8%
 Income between 100K and 150K17.4%17.2%16.3%
 Income between 150K and 200K7.4%5.4%7.8%
 Income greater than 200K7.2%5.2%9.5%
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 Population By Occupation
 Salem, VACape Coral, FLUnited States
 Management, business, finance15.7%13.7%16.4%
 Engineering, computers, science4.0%4.1%6.5%
 Community, social services2.6%0.8%1.8%
 Legal1.2%0.8%1.2%
 Education, library7.9%4.2%6.2%
 Arts, design, media, sports, entertainment1.5%1.6%2.0%
 Healthcare practitioners and technology7.3%6.6%6.2%
 Healthcare support2.6%2.5%3.3%
 Firefighters, law enforcement2.6%2.2%2.1%
 Food preparation, serving5.5%7.4%5.4%
 Building maintenance3.1%5.0%3.6%
 Personal care4.2%3.0%2.6%
 Sales, office, administrative support21.0%26.0%20.9%
 Farming, fishing, forestry0.2%0.1%0.6%
 Construction, extraction, maintenance/repair7.1%11.0%8.1%
 Production, transportation, material moving13.6%10.9%13.1%

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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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Reviews for Cape Coral    48 Reviews

95% of Cape Coral is a lifeless & soulless money-making area, yet the local hypocrisy goes as far as blaming every issue on the recent hurricane, which one has literally  More

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Over 6 years ago

I moved to the area from Bradenton/Sarasota area. Lived here since 2003. My youngest has been in day care all the way to a sophomore in high school now. Schools are  More

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Over 9 years ago

Growing community with lots of land.   More

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ZIPS IN SALEM, VIRGINIA
24153
ZIPS IN CAPE CORAL, FLORIDA
33914 33990 33904 33909 33993 33991

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