Salem, OR
178,865Residents
$75,487Median household income
$1,400/moMedian gross rent
$416,900Median home value
36.0Median age
32%Adults with a bachelor’s degree or higher
56%Homes lived in by their owners
5.5×Home value to household income
Median rent takes about 22% of the median household income in Salem.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $56,000 a year. In Oregon that leaves roughly $3,535 a month after tax. See the full paycheck breakdown for $55,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.