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Places/Virginia/Salem city
County profile

Salem city

United States · US territory
EA Place Score
——
methodology in progress
GDP
no BEA GDP
GDP growth
1 yr only
Jobs tracked
19,148
Employers
994
Avg. wage
$60.1k
Population
25,816
Labor & formation
Unemployment
3.6%
Median HH income
$66.7k±$6.3k
Business applications
280 · 2025

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA

No public companies loaded for this state yet — universe expands with the full ingest.

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
Health care35%
Manufacturing18%
Wholesale trade16%
Retail trade13%
Food & accommodation12%
Construction6%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
25,816
residents · 2025 · +1.6% since 2020
COMPONENTS OF CHANGE · 2021–2025
Domestic migration+486
International migration+410
Natural change−494

Real estate & risk

FHFA · ACS · FEMA
Median home value
$258.6k±$12.5k
Median gross rent
$1.1k/mo±$59/mo
Vacancy rate
7.7%±2.0%
Affordability
4.3× wages
Residential permits
17 (0.7/1k pop)
FEMA risk score
18.6
HUD Fair Market Rent (2BR):$1.3k/mo · 2026
TOP PERILS · FEMA NRI
Hurricane 58Earthquake 49Strong wind 36
FHFA HOUSE PRICE INDEX · 2016–2025
355
2016
368
2017
374
2018
399
2019
408
2020
444
2021
506
2022
559
2023
606
2024
625
2025
Wage trend
BLS QCEW · 2019–2023
$60.1k
avg. annual pay · +21% since 2019
The read

Salem city is home to 25,816 residents and 19,148 jobs across 994 employers, led by health care. BEA does not publish state-level GDP for US territories, so no GDP figure is shown.

GDP: BEA (2025), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.
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