HomeMassachusettsEssex CountySalem
Salem, Massachusetts: commercial real estate data.
Salem is a Census city of 44,795 people across 8.29 square miles of land, in Essex County. Median household income is $85,153, 49.7 percent of occupied homes are owned, and the SBA record carries 132 7(a) approvals to borrowers here worth $16.2 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Salem
What Salem is
- Census place typecity
- Land area8.29 sq mi
- Water area10.01 sq mi
- Population per square mile of land5,401
- County holding the largest share of its areaEssex 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
- Population44,795
- Median age39.3
- Population under 187,041
- Share under 1815.7 percent
- Population 65 and over7,721
- Share 65 and over17.2 percent
- Households20,267
- Family households10,453
- Share of households that are families51.6 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$85,153
- Per capita income$50,339
- Civilian labor force26,957
- Employed25,579
- Unemployed1,378 plus or minus 331
- Unemployment rate5.1 percent plus or minus 1.2
- Adults 25 and over33,046
- Adults 25 and over with a high school diploma or higher91.9 percent
- Adults 25 and over with a bachelor degree or higher47.8 percent
- Adults 25 and over with a graduate degree20.5 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Salem
Housing in Salem
- Housing units21,492
- Occupied units20,267
- Vacant units1,225 plus or minus 329
- Vacancy rate5.7 percent plus or minus 1.5
- Owner occupied10,073
- Renter occupied10,194
- Ownership rate49.7 percent
- Median owner-occupied home value$542,800
- Median gross rent, monthly$1,836
- Annual rent as a share of median income25.9 percent
- Single family units6,465
- Share single family30.1 percent
- Units in buildings of two or more15,022
- Share in buildings of two or more69.9 percent
- Mobile homes5 plus or minus 9
- Median year structure built1938
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 commute19,644
- Commuting under 15 minutes5,135
- Share commuting under 15 minutes26.1 percent
- Commuting 30 minutes or more7,496
- Share commuting 30 minutes or more38.2 percent
- Drove alone55.9 percent
- Carpooled5.9 percent plus or minus 1.6
- Public transport5.3 percent plus or minus 1.3
- Walked6.6 percent
- Worked from home21.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Salem
SBA loans in Salem (7(a))
- Approvals132
- Gross approval$16,157,900
- Average approval$122,408
- Median approval$52,450
- Ninetieth percentile approval$327,000
- Largest approval$999,500
- Jobs supported1,106
- Jobs per approval8.4
- Loans with a final outcome22
- Paid in full20
- Charged off2
- Median term120 months
- Share on real estate terms of 20 years or more1.5 percent
- Share to franchises0.0 percent
- Distinct lenders18
- Distinct industries by NAICS65
Counted by borrower city: approvals to borrowers whose address is in Salem, in any county, FY2020 to FY2026. Only 22 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)
- Approvals43
- Gross approval$26,579,000
- Average approval$618,116
- Median approval$331,000
- Largest approval$4,960,000
- Jobs supported247
- Loans with a final outcome13
- Charged off1
- Median term240 months
- Distinct CDCs3
Counted by borrower city: approvals to borrowers whose address is in Salem, in any county, FY2010 to FY2026. Only 13 loans have 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 number250102
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date07/08/25
The City of Salem participates in the National Flood Insurance Program as community 250102 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.
Essex County, not Salem
Essex County context, not Salem figures
- Establishments in Essex County19,988
- Covered employment, Essex County323,694
- Average annual pay, Essex County$75,548
- Housing units permitted, Essex County1,011
Every figure in this section is published for Essex 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, Massachusetts?
44,795, in 20,267 households. Salem city covers 8.29 square miles of land, which is 5,401 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?
Essex 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?
$85,153. The median owner-occupied home is valued at $542,800. Median gross rent is $1,836 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?
132 7(a) approvals totaling $16.2 m since FY2020, across 18 lenders, median approval $52,450, plus 43 504 approvals worth $26.6 m 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 22 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 250102, 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 Essex 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.
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