Latest available · Census ACS 5-Year (2024)
What Is the Median Home Value in Salem city, Oregon?
City · Census ACS 5-Year estimates
The median home value in Salem city, Oregon is $416,900 (±$6,183), based on Census ACS 5-Year estimates (2024). The median gross rent is $1,400/month, and the median household income is $75,487/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for Salem city, Oregon
| Metric | Value |
|---|---|
| Median Home Value | $416,900 |
| Median Gross Rent | $1,400 |
| Median Household Income | $75,487 |
| Total Housing Units | 67,629 |
| Renter-Occupied Units | 29,817 |
| Renter-Occupied Share | 44% |
How does Salem city, Oregon compare?
Median home value ranked against all cities in Oregon.
Higher home value than 62% of cities in Oregon · 147th of 381
| # | City | Value |
|---|---|---|
| 1 | Monument city | $2,000,001 |
| 1 | Tetherow CDP | $2,000,001 |
| 3 | Dunthorpe CDP | $1,459,300 |
| … 143 more … | ||
| 147 | Salem city(you are here) | $416,900 |
| … 231 more … | ||
| 379 | Johnson City city | $87,800 |
| 380 | Westport CDP | $62,000 |
| 381 | Fort Hill CDP | $9,999 |
More data for Salem city, Oregon
Frequently asked questions
What is the median home value in Salem city, Oregon?
The median home value in Salem city, Oregon is $416,900, based on Census ACS 5-Year estimates (2024). This is the self-reported estimated value homeowners believe their property would sell for. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent in Salem city, Oregon?
The median gross rent in Salem city, Oregon is $1,400/month, based on Census ACS 5-Year estimates (2024).
What is the median household income in Salem city, Oregon?
The median household income in Salem city, Oregon is $75,487/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median home value of $416,900 has a margin of error of ±$6,183. In very small areas, MOEs can be large relative to the estimate.
Related guides
Managing rental properties?
Tenanture helps property managers reply to every inbound lead, qualify applicants against your rules, and handle tenant inquiries automatically.
Get started free