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Salem, Connecticut

town · New London County

At a glance

4,282
Population
$403,600
Median home value (all homes)
33% above U.S. median
$479,520
Typical market value
Zillow, 2026-07
$1,440/mo
Median rent
7% above U.S. median
$123,245
Median household income
57% above U.S. median
31.5 min
Average commute
99.3%
Homes with broadband
3.2%
Unemployment

Cost of living (Clay Affordability Index)

CAI 114 — 14% above the national average. how it's computed

Housing51% above
Goods & services1% above
Utilities41% above
Taxes33% below
Insurance5% above
Commute cost16% above
For business: Connecticut is CBII band 3/5 · time to build band 3/5. See state page for the breakdown.

Living here

Nearest 4-year college12 mi
Nearest community college9 mi
Nearest technical college16 mi
High school graduates98.6%
College graduates50.6%

Doing business here

Economic development contacts, most local first:

state Connecticut Dept. Econ. Dev.
Connecticut Department of Economic and Community Development (DECD) is the state agency that supports economic development and community development in Connecticut, including business development, small business resources, brownfield redevelopment, film, arts and tourism initiatives, and related programs. It provides contact points for in-state and out-of-state companies seeking assistance and coordinates various grant and program opportunities.
state Connecticut's Business Response
State sales taxYes
State income taxYes
Right-to-work stateNo

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