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Buy & rent in Salem. Use city-local context to compare places, understand everyday costs, and decide what to research next.
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Sourced local data
Reviewed market snapshot Rounded figures for orientation; local conditions vary by neighborhood and property. Select ⓘ the info button for each figure's source and reporting period.
Housing & income Median home valueMedian home value Median value of owner-occupied homes in the survey area.
Source U.S. Census Bureau 2024 ACS 5-Year B25077 Reporting period Jan 1, 2020–Dec 31, 2024 Status Reporting period ended 650 days ago. Displayed values are rounded.
View source ↗ ~$145k
Median gross rentMedian gross rent Median monthly rent, including estimated utility costs.
Source U.S. Census Bureau 2024 ACS 5-Year B25064 Reporting period Jan 1, 2020–Dec 31, 2024 Status Reporting period ended 650 days ago. Displayed values are rounded.
View source ↗ ~$690 /mo
Median household incomeMedian household income The middle household income estimate for the reporting period.
Source U.S. Census Bureau 2024 ACS 5-Year B19013 Reporting period Jan 1, 2020–Dec 31, 2024 Status Reporting period ended 650 days ago. Displayed values are rounded.
View source ↗ ~$57k /yr
Home value to incomeHome value to income Median home value divided by median household income. Higher means homes cost more years of income.
Source U.S. Census Bureau 2024 ACS 5-Year B25077+B19013 Reporting period Jan 1, 2020–Dec 31, 2024 Status Reporting period ended 650 days ago. Displayed values are rounded.
View source ↗ ~2.6 ratio
Rent as share of incomeRent as share of income Median gross rent as a share of median household income.
Source U.S. Census Bureau 2024 ACS 5-Year B25064+B19013 Reporting period Jan 1, 2020–Dec 31, 2024 Status Reporting period ended 650 days ago. Displayed values are rounded.
View source ↗ ~15%
Owner-occupied homesOwner-occupied homes Share of occupied homes that are owner-occupied.
Source U.S. Census Bureau 2024 ACS 5-Year B25003 Reporting period Jan 1, 2020–Dec 31, 2024 Status Reporting period ended 650 days ago. Displayed values are rounded.
View source ↗ ~74%
People PopulationPopulation Source U.S. Census Bureau Vintage 2025 Subcounty Estimates Reporting period Jul 1–Jul 1, 2025 Status Reporting period ended 468 days ago. Displayed values are rounded.
View source ↗ ~6,427 people
Population change (1 yr)Population change (1 yr) Change in estimated residents over one year.
Source U.S. Census Bureau Vintage 2025 Subcounty Estimates Reporting period Jul 1–Jul 1, 2025 Status Reporting period ended 468 days ago. Displayed values are rounded.
View source ↗ ~−16 people
Population densityPopulation density Estimated residents per square mile of land area.
Source Census 2025 population and land area (EveryCity compilation) Reporting period Jul 1–Jul 1, 2025 Status Reporting period ended 468 days ago. Displayed values are rounded.
View source ↗ ~1,522 /sq mi
Median ageMedian age Source U.S. Census Bureau 2024 ACS 5-Year B01002 Reporting period Jan 1, 2020–Dec 31, 2024 Status Reporting period ended 650 days ago. Displayed values are rounded.
View source ↗ ~43 years
Getting around Commute by transitCommute by transit Share of workers who usually commute by public transit.
Source U.S. Census Bureau 2024 ACS 5-Year B08301 Reporting period Jan 1, 2020–Dec 31, 2024 Status Reporting period ended 650 days ago. Displayed values are rounded.
View source ↗ ~0.1%
Commute on footCommute on foot Share of workers who usually walk to work.
Source U.S. Census Bureau 2024 ACS 5-Year B08301 Reporting period Jan 1, 2020–Dec 31, 2024 Status Reporting period ended 650 days ago. Displayed values are rounded.
View source ↗ ~0.6%
Work from homeWork from home Share of workers who usually work from home.
Source U.S. Census Bureau 2024 ACS 5-Year B08301 Reporting period Jan 1, 2020–Dec 31, 2024 Status Reporting period ended 650 days ago. Displayed values are rounded.
View source ↗ ~8.8%
