Economy in Salem, Utah

Salem has an unemployment rate of 3.9%. The US average is 5.2%.

Salem has seen the job market increase by 4.3% over the last year. Future job growth over the next ten years is predicted to be 44.7%, which is higher than the US average of 38.0%.

Tax Rates for Salem
- The Sales Tax Rate for Salem is 6.8%. The US average is 6.0%.
- The Income Tax Rate for Salem is 5.0%. The US average is 4.6%.

Income and Salaries for Salem
- The average income of a Salem resident is $23,113 a year. The US average is $28,555 a year.
- The Median household income of a Salem resident is $74,495 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

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  ECONOMYSalem, UtahUnited States
  Unemployment Rate3.9%5.2%
  Recent Job Growth4.3%1.6%
  Future Job Growth44.7%38.0%
  Sales Taxes6.8%6.0%
  Income Taxes0.050.046
  Income per Cap.$23,113$28,555
  Household Income$74,495$53,482
  Family Median Income$78,354$65,443
  POPULATION BY OCCUPATION
  Agriculture, forestry, fishing, hunting2.2%1.3%
  Mining, quarrying, oil and gas extraction0.5%0.6%
  Construction10.4%6.2%
  Manufacturing13.4%10.4%
  Wholesale trade2.9%2.7%
  Retail trade9.1%11.6%
  Transportation and warehousing3.8%4.1%
  Utilities00
  Information1.6%2.1%
  Finance and insurance2.3%4.7%
  Real estate, rental, leasing0.4%1.9%
  Professional, scientific, technical services4.9%6.7%
  Management of companies0.0%0.1%
  Administrative, support, waste mgt svcs3.5%4.3%
  Educational services13.6%9.3%
  Health care and social assistance16.2%13.8%
  Arts, entertainment, recreation2.0%2.2%
  Accommodation, food services3.0%7.4%
  Other services7.4%4.9%
  Public administration1.8%4.8%
ECONOMY MAP
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    Reviews for Salem    2 Reviews
    recreation - 8/26/2015
    Salem has lots of great recreational... Read More

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    Great place to live, but . . . - 2/23/2006
    Developers are determined to over-build and over-populate this scenic, warm town. Crime and illegal aliens are on the increase. Lots of golf courses for those... Read More


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    ZIP CODES IN SALEM, UTAH
    84653
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