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Businesses for Sale | Salem, Kentucky

Discover business opportunities, in or around Salem, with well-established brands, who are looking for people like you to help them grow.

As of the 2024 ACH Map Data, Salem, located in The Bluegrass State had a total population of 689 people.

Top Franchise Opportunities in Salem, Kentucky on Franchise.com for 2025
Order Franchise Name Industry Name Available Capital
1Computer & Internet Franchises$60,000
2Technology & Internet$199
3Pet Franchises$90,000
4Business Opportunities$30,000
5Business Services$10,000
6Business Opportunities$100,000
7Financial Franchises$70,000
8Computer & Internet Franchises$10,000
9Business Services Franchises$70,000
10Pet Franchises$50,000

City Statistics and Other Information About Salem

Demographics

From a total population of 689, Salem has a median age of 47. The average age of males, in Salem, is 46 while the average age of females is 47. When you compare the median age of men and women in Salem, there is an average difference of 0.99 years.

Income

The median income of individuals, in Salem, is $30,392 while the average household income is $48,799. In 2029, the average income per capita for Salem is expected to be $30,392.

Additional Information

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Is Salem the Best Location for Franchise Opportunities and Growth?

What is the average income in Salem?

The median household income in Salem is $48,799, providing insight into the financial conditions of local residents and their ability to support businesses.

Is Salem an affordable place to start a franchise?

With a median income of $48,799, Salem presents an opportunity for businesses that cater to cost-conscious consumers, making it a strong market for affordable and essential services.

How does Salem's income compare to other locations?

The median income of $48,799 in Salem is below the national median income of $80,610, influencing local consumer spending habits and franchise potential.

Does Salem have a stable workforce to support my business?

Absolutely! With 158 employed individuals, Salem offers a solid labor force to support franchise growth.

Is Salem a growing economy?

With a workforce of 158 and a median household income of $48,799, Salem provides an emerging economic environment for new business opportunities.

Does homeownership in Salem indicate a stable market?

Homeownership rates at 214 show a strong local investment in the community, which benefits long-term franchise success.

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