Poverty incidence of Salcedo Source: Philippine Statistics Authority[12][13][14][15][16][17][18][19] The people are engaged in farming, producing food crops, mostly rice and tobacco.

In January, 2024, the Department of Science and Technology and the Department of Trade and Industry assisted Tsokolate de Ylocos Cacao Tablea Ministry of Micro, Small and Medium Enterprises per the Small Enterprise Technology Upgrading Program of the Chocolate industry in the Philippines.

Emmylou Jomero's Wynn’s Food Products are sourced from Salcedo's towering cacao trees and started in 2015.

In 2019, she was Top 5 in the Best 70% Dark Chocolate Contest of Kakao Konek in Davao City and an awardee in the Kannawidan Ylocos Festival in Ilocos Sur.

[20] Salcedo, belonging to the second congressional district of the province of Ilocos Sur, is governed by a mayor designated as its local chief executive and by a municipal council as its legislative body in accordance with the Local Government Code.