Salem is a mid-sized city in OR with a population of 164,543 residents. With a median home price of $386,302 (10% above the national median) and median household income of $68,233, Salem is considered somewhat expensive with a price-to-income ratio of 5.7x.
The real estate market in Salem features a median home price of $386,302, which is 10% higher than the U.S. national median of $350,000. Monthly rent averages $1,610, 7% above the national average. Over the past decade, rent has increased by 78%.
Salem has a diverse population that represents a wide range of backgrounds, ages, and household types contributing to the city's vibrant community.
Salem offers a median household income of $68,233, which is 3% lower than the national median of $70,000. Residents spend approximately 28% of their income on rent annually, which is within the recommended 30% threshold.
Understanding the climate of Salem is important for those considering relocating. Weather patterns affect daily life, activities, and overall comfort.
See how Salem compares to other popular destinations. Compare cost of living, housing prices, and quality of life.
The median home price in Salem is $386,302, with average monthly rent of $1,610. The median household income is $68,233, giving the city a price-to-income ratio of 5.7x.
Salem has moderate affordability with a price-to-income ratio of 5.7x, close to the national average.
Salem has a population of 164,543 residents, making it the #174 largest city in the United States.
Salem has a violent crime rate of 341 per 100,000 residents, which is below the national average. The property crime rate is 2691 per 100,000 residents.
Estates is a comprehensive cost of living comparison platform that helps you compare cities across the United States. We provide data on housing prices, rent, income, crime rates, demographics, and climate to help you make informed relocation decisions. Our data comes from trusted sources including Zillow, the U.S. Census Bureau, FBI, and NOAA.
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