?WhereToHQ

Polk County · Oregon · West · 179k residents

Salem, OR: cost of living, taxes & quality of life

Residential facts for Salem: housing, taxes, monthly costs, climate, schools, and household income, with the Oregon median as the yardstick. Compare it live against any of 3,000 US cities.

Data coverage: ACS place data; supplementary fields may use state estimates.

The acs median home value in Salem is $416,900, 9% below the Oregon median. A two-bedroom rents for about $1,415/mo. Day-to-day costs index at 106 against a national baseline of 100. The median household here earns $75,487 a year.

What the numbers show

Source-confirmed findings
  • Housing value: The ACS median home value in Salem is $416,900, 9.4% below the median for ACS-covered places in Oregon.
  • Household income: Median household income is $75,487, 10.3% below the median for ACS-covered places in Oregon.
  • Adult education: 31.5% of adults have a bachelor's degree or higher, 3.3% above the median for ACS-covered places in Oregon.
  • Home value to income: The ACS median home value is about 5.5 times median household income. This is a comparison measure, not a mortgage qualification or affordability promise.

Source: U.S. Census Bureau, 2024 American Community Survey 5-year estimates(2024 ACS 5-year; tables B01003, B15003, B19013, B25077). Geography: Census place where available. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

WhereToHQ calculates the comparisons. Figures are estimates for context, not a guarantee or personal financial advice. Read the methodology or send a correction.

What makes this place distinctive

A factual snapshot of the place, based on the profile data. It is not a tourism or cultural claim.

Oregon’s capital, with vineyard country, state history, and a river valley outlook.

Known for: State government, Willamette Valley agriculture, gardens, and wine country.

Calendar note: The World Beat Festival is a major annual cultural event.

Story source: Travel Salem

  • Scale: A mid-sized city with a population between 50,000 and 250,000 in the profile data.
  • Setting: The profile places Salem about 46 miles from the nearest tracked ocean.
  • Climate signal: The profile records 160 sunny days.
  • Daily pace: The profile records a walk score of 38 and an average commute of 24 minutes.

WhereToHQ derives these signals from the committed city dataset. Read the methodology for coverage and source limits.

Compare Salem side by side

Cost of living index

106

≈ US median

ACS median home value

$416,900

9.4% vs state mediancheaper than 39% of US cities

2-bedroom rent

$1,415/mo

≈ US median

Median household income

$75,487

10% vs state median≈ US median

Housing momentum

How fast Salem's housing market is moving, ranked against the US cities we track.

31/100

Cooling

Rents YoY: +0.1% (bottom 19%)Home prices YoY: +0.4% (bottom 40%)Rents MoM: -0.1% (bottom 31%)
Momentum rising · +7 over 2 yr

Ranks Salem's home-price and rent growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. Not investment or relocation advice.

$a year

Adjusted by Salem's cost-of-living index versus the US average.

All facets · Salem
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Real listings in Salem

Homes on ZillowRealtor.comRentals on ZillowApartments.com

Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.

Questions & answers
What is the cost of living in Salem, OR?
Salem indexes at 106 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $1,415/mo and a acs median home value of $416,900.
How much does a house cost in Salem?
The acs median home value in Salem is $416,900, 9% below the Oregon median (Census ACS estimate; individual listings vary).
How much is rent in Salem?
A two-bedroom in Salem rents for about $1,415/mo.