HomeSouth DakotaMcCook CountySalem
Salem, South Dakota: commercial real estate data.
Salem 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 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
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 loans in Salem (7(a))
- Approvals1
- Gross approval$760,200
- Average approval$760,200
- Median 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
Counted by borrower city: approvals to borrowers whose address is in Salem, in any county, FY2020 to FY2026. Only 0 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)
- 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
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 number460053
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date03/11/25
The City of Salem participates in the National Flood Insurance Program as community 460053 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.
McCook County, not Salem
McCook County context, not Salem figures
- Establishments in McCook County184
- Covered employment, McCook County1,338
- Average annual pay, McCook County$50,576
- Housing units permitted, McCook County21
Every figure in this section is published for McCook 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, 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 totaling $760,200 since FY2020, across 1 lenders, median approval $760,200, plus 9 504 approvals worth $1.8 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 0 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 460053, 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 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?
No. Nothing on this page presents parcel level zoning.
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