HomeSouth DakotaMcCook CountySalem city
Salem city, South Dakota: commercial real estate data.
Salem city is a Census city of 1,216 people across 1.25 square miles of land, in McCook County. Median household income is $74,881, 68.0 percent of occupied homes are owned, and the SBA record carries 1 7(a) approvals to borrowers here worth $760,200.
76 sourced place values · tier FULL · 8 sections
Salem
What Salem is
- Census place typecity
- Land area1.25 sq mi
- Water area0 sq mi
- Population per square mile of land973
- County holding the largest share of its areaMcCook 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
- Population1,216
- Median age39.6
- Population under 18336
- Share under 1827.6 percent
- Population 65 and over281 plus or minus 62
- Share 65 and over23.1 percent
- Households518
- Family households327 plus or minus 66
- Share of households that are families63.1 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$74,881 plus or minus $23,758
- Per capita income$36,486
- Civilian labor force620
- Employed615
- Unemployed5 plus or minus 7
- Unemployment rate0.8 percent plus or minus 1.1
- Adults 25 and over841
- Adults 25 and over with a high school diploma or higher91.4 percent
- Adults 25 and over with a bachelor degree or higher26.6 percent plus or minus 6.1
- Adults 25 and over with a graduate degree10.0 percent plus or minus 4.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Salem
Housing in Salem
- Housing units627
- Occupied units518
- Vacant units109 plus or minus 46
- Vacancy rate17.4 percent plus or minus 6.9
- Owner occupied352
- Renter occupied166 plus or minus 63
- Ownership rate68.0 percent
- Median owner-occupied home value$166,700
- Median gross rent, monthly$965
- Annual rent as a share of median income15.5 percent plus or minus 5.2
- Single family units477
- Share single family76.1 percent
- Units in buildings of two or more135 plus or minus 63
- Share in buildings of two or more21.5 percent plus or minus 9.7
- Mobile homes15 plus or minus 10
- Median year structure built1974
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 commute568
- Commuting under 15 minutes248 plus or minus 54
- Share commuting under 15 minutes43.7 percent
- Commuting 30 minutes or more263 plus or minus 61
- Share commuting 30 minutes or more46.3 percent
- Drove alone82.7 percent
- Carpooled6.1 percent plus or minus 3.5
- Public transport0.0 percent
- Walked4.3 percent plus or minus 2.7
- Worked from home7.0 percent plus or minus 3.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Salem
SBA 7(a) lending to Salem borrowers
- Approvals1
- Gross approval$760,200
- Average approval$760,200
- Median approval$760,200
- Ninetieth percentile approval$760,200
- Largest approval$760,200
- Jobs supported31
- Jobs per approval31.0
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders1
- Distinct industries by NAICS1
A charge-off rate is not published here. only 0 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Salem
SBA 504 lending to Salem borrowers
- Approvals9
- Gross approval$1,779,000
- Average approval$197,667
- Median approval$127,000
- Largest approval$458,000
- Jobs supported52
- Loans with a final outcome1
- Charged off0
- Median term240 months
- Distinct CDCs2
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
McCook County, not Salem
McCook County context, not Salem figures
These are McCook County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Salem measurements.
- Establishments in McCook County184
- Employment at those establishments, McCook County944
- Covered employment, McCook County1,338
- Average annual pay, McCook County$50,576
- Average weekly wage, McCook County$973
- Housing units permitted, McCook County21
- Of those, single family, McCook County21
- County product, 2024, McCook County$406,203,000
- County product change over the prior year, McCook County3.9 percent
- Average income of an arriving household, McCook County$59,860
Every figure in this section is published for McCook County as a whole and is not a measurement of Salem. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
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. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Salem questions, answered from the record.
How many people live in Salem, South Dakota?
1,216, in 518 households. Salem city covers 1.25 square miles of land, which is 973 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?
McCook 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?
$74,881. The median owner-occupied home is valued at $166,700. Median gross rent is $965 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?
1 7(a) approvals totalling $760,200, across 1 lenders, median approval $760,200, plus 9 504 approvals worth $1.8 m. 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 0 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Salem figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for McCook 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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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