HomeUtahUtah CountySalem city
Salem city, Utah: commercial real estate data.
Salem city is a Census city of 10,324 people across 12.09 square miles of land, in Utah County. Median household income is $111,117, 93.7 percent of occupied homes are owned, and the SBA record carries 24 7(a) approvals to borrowers here worth $8.9 m.
76 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Salem
What Salem is
- Census place typecity
- Land area12.09 sq mi
- Water area0.02 sq mi
- Population per square mile of land854
- County holding the largest share of its areaUtah 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
- Population10,324
- Median age29.3
- Population under 183,696
- Share under 1835.8 percent
- Population 65 and over1,012
- Share 65 and over9.8 percent
- Households2,970
- Family households2,583
- Share of households that are families87.0 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$111,117
- Per capita income$38,521
- Civilian labor force5,121
- Employed4,882
- Unemployed239 plus or minus 116
- Unemployment rate4.7 percent plus or minus 2.2
- Adults 25 and over5,692
- Adults 25 and over with a high school diploma or higher97.7 percent
- Adults 25 and over with a bachelor degree or higher39.0 percent
- Adults 25 and over with a graduate degree12.6 percent plus or minus 2.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Salem
Housing in Salem
- Housing units2,992
- Occupied units2,970
- Vacant units22 plus or minus 32
- Vacancy rate0.7 percent plus or minus 1.1
- Owner occupied2,782
- Renter occupied188 plus or minus 76
- Ownership rate93.7 percent
- Median owner-occupied home value$605,700
- Median gross rent, monthly$1,592 plus or minus $423
- Annual rent as a share of median income17.2 percent plus or minus 4.7
- Single family units2,923
- Share single family97.7 percent
- Units in buildings of two or more69 plus or minus 43
- Share in buildings of two or more2.3 percent plus or minus 1.4
- Mobile homes0
- Median year structure built2005
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 commute4,140
- Commuting under 15 minutes1,481
- Share commuting under 15 minutes35.8 percent
- Commuting 30 minutes or more1,424
- Share commuting 30 minutes or more34.4 percent
- Drove alone75.9 percent
- Carpooled8.9 percent plus or minus 2.9
- Public transport0.5 percent plus or minus 0.5
- Walked0.0 percent
- Worked from home14.3 percent plus or minus 3.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Salem
SBA loans in Salem (7(a))
- Approvals24
- Gross approval$8,948,100
- Average approval$372,838
- Median approval$213,000
- Ninetieth percentile approval$575,000
- Largest approval$3,006,000
- Jobs supported179
- Jobs per approval7.5
- Loans with a final outcome7
- Paid in full7
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more8.3 percent
- Share to franchises16.7 percent
- Distinct lenders8
- Distinct industries by NAICS17
A charge-off rate is not published here. only 7 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 loans in Salem (504)
- Approvals13
- Gross approval$7,151,000
- Average approval$550,077
- Median approval$376,000
- Largest approval$1,834,000
- Jobs supported119
- Loans with a final outcome6
- Charged off1
- Median term240 months
- Distinct CDCs4
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Utah County, not Salem
Utah County context, not Salem figures
These are Utah 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 Utah County17,568
- Employment at those establishments, Utah County274,566
- Covered employment, Utah County295,152
- Average annual pay, Utah County$62,648
- Average weekly wage, Utah County$1,205
- Housing units permitted, Utah County6,321
- Of those, single family, Utah County5,174
- County product, 2024, Utah County$47,943,081,000
- County product change over the prior year, Utah County9.3 percent
- Average income of an arriving household, Utah County$88,791
Every figure in this section is published for Utah 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, Utah?
10,324, in 2,970 households. Salem city covers 12.09 square miles of land, which is 854 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?
Utah 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?
$111,117. The median owner-occupied home is valued at $605,700. Median gross rent is $1,592 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?
24 7(a) approvals totalling $8.9 m, across 8 lenders, median approval $213,000, plus 13 504 approvals worth $7.2 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 7 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 Utah 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.