Market insights · Virginia
Salem city, VA: growth, migration and housing
Salem city has 25,816 residents, up 1.6% since 2020 (+0.3% in the last year). In 2022–2023, 1,044 households moved in and 1,059 moved out (-15 net), while a net $1.5M of income left. Median household income is $66,725, the median home $258,600 and median rent $1,133 a month.
In Virginia: 67th of 133 counties for 5-year population growth · 99th of 133 counties for net in-migration (per resident) · 69th of 133 counties for median household income · 67th of 133 counties for median home value.
Where new residents came from
Top counties by households (tax returns) moving to Salem city, 2022–2023 (IRS).
| From | Households (tax returns) | Their income (AGI) |
|---|---|---|
| Roanoke County, VA | 246 | $13.9M |
| Roanoke city, VA | 241 | $9.6M |
| Montgomery County, VA | 48 | $2.2M |
| Bedford County, VA | 27 | $1.3M |
| Botetourt County, VA | 22 | $1.5M |
| Franklin County, VA | 20 | $1.3M |
Where leavers went
Top counties by households leaving Salem city, 2022–2023 (IRS).
| To | Households (tax returns) | Their income (AGI) |
|---|---|---|
| Roanoke County, VA | 285 | $17.8M |
| Roanoke city, VA | 265 | $11.8M |
| Montgomery County, VA | 38 | $1.9M |
| Bedford County, VA | 34 | $1.8M |
| Botetourt County, VA | 32 | $1.9M |
| Franklin County, VA | 25 | $1.4M |
BizyFi in Salem city
Fewer than 3 companies in the BizyFi directory are based here. Search them on the company map (company names with a free account), or browse Virginia companies.
← All Virginia counties · National rankings
Sources: U.S. Census Bureau population estimates (vintage 2025), American Community Survey 5-year (2024), and IRS Statistics of Income county-to-county migration data (2022–2023). Migration counts are tax returns (roughly households) moving between U.S. counties; the IRS suppresses very small flows. Growth rates, per-1,000 figures, rent share and state ranks are BizyFi calculations. Data updated 2026-10-17. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.