Economic Atlas
WORKSPACE
OverviewScreenerWatchlistChatAccount
EXPLORE
CompaniesPlacesPlace screenerMethodology
Terms·Privacy
Economic Atlas
HomeScreenerChatCompanies
Economic Atlas
WORKSPACE
OverviewScreenerWatchlistChatAccount
EXPLORE
CompaniesPlacesPlace screenerMethodology
Terms·Privacy
Economic Atlas
Places/NJ/Salem
County profile

Salem

United States · GDP 2024
#563 of 3,127 US counties by GDP43rd-percentile growthmore diversified than 92% of counties
EA Place Score
——
methodology in progress
GDP 2024 (USD)
$7.4B
GDP growth
+3.7%
Jobs tracked
17,630
Employers
1,137
Avg. wage
$65.3k
Population
66,280
Labor & formation
Unemployment
5.1%
Median HH income
$80.0k±$4.0k
Business applications
719 · 2025

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA
1Elmer Bancorp, Inc.Financial Services$22.1M49D2Penn Bancshares, Inc.Financial Services———

HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).

Industry mix · employment
Transportation20%
Health care20%
Retail trade18%
Utilities16%
Manufacturing14%
Wholesale trade13%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
66,280
residents · 2025 · +2.3% since 2020
Income per capita $60.0k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration+1,654
International migration+503
Natural change−650

GDP trend

2019–2024 · nominal
$5.4B
2019
$5.8B
2020
$6.4B
2021
$6.7B
2022
$7.1B
2023
$7.4B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$239.5k±$7.2k
Median gross rent
$1.3k/mo±$51/mo
Vacancy rate
10.4%±1.4%
Affordability
3.7× wages
Residential permits
77 (1.2/1k pop)
FEMA risk score
76.5
HUD Fair Market Rent (2BR):$1.8k/mo · 2026
TOP PERILS · FEMA NRI
Coastal flooding 96Strong wind 92Ice storm 88
FHFA HOUSE PRICE INDEX · 2016–2025
415
2016
418
2017
410
2018
428
2019
444
2020
505
2021
595
2022
671
2023
718
2024
751
2025

Transport access

BTS · FAA · USACE
Nearest interstate
15.4 km
I-295
Nearest freight rail
0.8 km
SLRS
Nearest port
11.3 km
SALEM MUNICIPAL WHARF
Nearest commercial airport
24.3 km
NEW CASTLE
Wage trend
BLS QCEW · 2019–2023
$65.3k
avg. annual pay · +11% since 2019
Similar US counties
nearest by GDP
Hardin$7.3BHancock$7.3BWright$7.3BRapides$7.4BSt. Clair$7.4BCole$7.4B
The read

Salem's economy produced $7.4B in 2024, growing 3.7% year over year — about the middle of the pack among US counties. Its largest employment sector is transportation.

GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.
HomeScreenerChatCompanies