HomeIllinoisMarion CountySalem
Salem, Illinois: commercial real estate data.
Salem is a Census city of 7,236 people across 6.99 square miles of land, in Marion County. Median household income is $59,728, 65.0 percent of occupied homes are owned, and the SBA record carries 9 7(a) approvals to borrowers here worth $8.2 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Salem
What Salem is
- Census place typecity
- Land area6.99 sq mi
- Water area0.15 sq mi
- Population per square mile of land1,035
- County holding the largest share of its areaMarion County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Salem
How many people live in Salem
- Population7,236
- Median age39.1
- Population under 181,812
- Share under 1825.0 percent
- Population 65 and over1,498
- Share 65 and over20.7 percent
- Households3,122
- Family households1,762
- Share of households that are families56.4 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Salem
Income and work in Salem
- Median household income$59,728
- Per capita income$33,467
- Civilian labor force3,455
- Employed3,371
- Unemployed84 plus or minus 75
- Unemployment rate2.4 percent plus or minus 2.2
- Adults 25 and over4,915
- Adults 25 and over with a high school diploma or higher91.9 percent
- Adults 25 and over with a bachelor degree or higher15.6 percent plus or minus 3.7
- Adults 25 and over with a graduate degree3.1 percent plus or minus 1.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Salem
Housing in Salem
- Housing units3,430
- Occupied units3,122
- Vacant units308 plus or minus 130
- Vacancy rate9.0 percent plus or minus 3.8
- Owner occupied2,030
- Renter occupied1,092
- Ownership rate65.0 percent
- Median owner-occupied home value$106,100
- Median gross rent, monthly$774
- Annual rent as a share of median income15.6 percent
- Single family units2,530
- Share single family73.8 percent
- Units in buildings of two or more668 plus or minus 150
- Share in buildings of two or more19.5 percent plus or minus 4.2
- Mobile homes232 plus or minus 92
- Median year structure built1969
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Salem
How Salem gets to work
- Workers 16 and over who commute3,139
- Commuting under 15 minutes1,929
- Share commuting under 15 minutes61.5 percent
- Commuting 30 minutes or more439 plus or minus 135
- Share commuting 30 minutes or more14.0 percent plus or minus 4.0
- Drove alone84.6 percent
- Carpooled8.3 percent plus or minus 3.3
- Public transport0.3 percent plus or minus 0.2
- Walked1.1 percent plus or minus 1.0
- Worked from home4.2 percent plus or minus 2.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Salem
SBA loans in Salem (7(a))
- Approvals9
- Gross approval$8,238,700
- Average approval$915,411
- Median approval$350,000
- Largest approval$3,475,000
- Jobs supported198
- Jobs per approval22.0
- Loans with a final outcome4
- Paid in full4
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more11.1 percent
- Share to franchises22.2 percent
- Distinct lenders5
- Distinct industries by NAICS8
Counted by borrower city: approvals to borrowers whose address is in Salem, in any county, FY2020 to FY2026. Only 4 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Salem
SBA loans in Salem (504)
- Approvals1
- Gross approval$224,000
- Average approval$224,000
- Median approval$224,000
- Largest approval$224,000
- Jobs supported1
- Loans with a final outcome1
- Charged off0
- Median term120 months
- Distinct CDCs1
Counted by borrower city: approvals to borrowers whose address is in Salem, in any county, FY2010 to FY2026. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Salem
Flood risk in Salem
- NFIP communityCity of Salem
- NFIP community number170454
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date11/16/11
The City of Salem participates in the National Flood Insurance Program as community 170454 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Marion County, not Salem
Marion County context, not Salem figures
- Establishments in Marion County863
- Covered employment, Marion County12,409
- Average annual pay, Marion County$49,266
- Housing units permitted, Marion County25
Every figure in this section is published for Marion County as a whole and is not a measurement of Salem.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Salem questions, answered from the record.
How many people live in Salem, Illinois?
7,236, in 3,122 households. Salem city covers 6.99 square miles of land, which is 1,035 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Salem in?
Marion County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Salem?
$59,728. The median owner-occupied home is valued at $106,100. Median gross rent is $774 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Salem businesses?
9 7(a) approvals totaling $8.2 m since FY2020, across 5 lenders, median approval $350,000, plus 1 504 approvals worth $224,000 since FY2010. These count approvals to borrowers whose address is in Salem, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Salem borrowers get paid back?
No rate is published for Salem. Only 4 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Salem in the National Flood Insurance Program?
Yes. Salem appears in the FEMA Community Status Book as Salem, city of, community 170454, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Salem figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Marion County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Salem.
Is zoning published for Salem?
No. Nothing on this page presents parcel level zoning.
Nearby