Salem, GA Economy


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Salem, GA is an attractive location for potential renters due to its affordable rent prices and reasonable grocery costs. At $810 per month for a two bedroom home, Salem offers much lower rent than the US average of $1,430. Additionally, the cost of groceries in Salem are also lower than the US at 94 compared to an index of 100. These factors combined make Salem an ideal place for anyone looking for a good deal on rental housing or groceries. The city itself has many amenities including parks, shopping centers, and restaurants such as Chick-fil-A and IHOP. The area is also close to major employers like Walmart and Tronox Titanium LLC which makes it an excellent choice for potential renters who need to commute to work. All in all, Salem stands out as an attractive location for those looking for affordable rentals in a welcoming environment.

Salem has an unemployment rate of 4.3%. The US average is 6.0%.

Salem has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 34.2%, which is higher than the US average of 33.5%.

Tax Rates for Salem
- The Sales Tax Rate for Salem is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Salem is 6.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Salem
- The average income of a Salem resident is $16,334 a year. The US average is $28,555 a year.
- The Median household income of a Salem resident is $33,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySalem, GeorgiaUnited States
  4.36
  -3.9%-6.2%
  34.2%33.5%
  7.0%6.2%
  5.8%4.6%
  $22,699$37,638
  $33,000$69,021
  $43,500$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  36.4%6.8%
  19.2%10.0%
  0.0%2.5%
  3.3%11.0%
  21.9%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  4.6%9.3%
  10.6%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  4.0%4.7%
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