Here's what it costs to live in Salem, Oregon, based on the latest US government data. Renters pay a median of $1,323 per month, while the typical home is valued around $382,400. Households earn a median of $71,900 per year, leaving rent at a manageable share of income for many residents. Air quality is good, with an average AQI of 23. The figures below cover housing, local wages by occupation, demographics, and air quality, all drawn from the US Census Bureau, BEA, HUD, and EPA.
Median Household Income
$71,900
Annual · Census ACS
Median Gross Rent
$1,323
Per month · Census ACS
Median Home Value
$382,400
Census ACS
Cost of Living Index
N/A
BEA RPP · US avg = 100
Studio FMR
$1,181
HUD Fair Market Rent
1BR Fair Market Rent
$1,201
HUD FMR
2BR Fair Market Rent
$1,560
HUD FMR
3BR Fair Market Rent
$2,159
HUD FMR
HUD Fair Market Rent = 40th percentile gross rent · FY2024
State Income Tax
9.90%
Top marginal rate
State Sales Tax
None
No statewide sales tax
Source: Tax Foundation (2024)
| Occupation | Median Annual Wage |
|---|---|
| 💻Software Developer | N/A |
| 🏥Registered Nurse | N/A |
| 📚Elementary Teacher | N/A |
| ⚡Electrician | N/A |
| 📊Accountant | N/A |
Source: BLS OEWS 2023 (metro-level data)
Population
176,666
Latest estimate
Median Age
35.7 yrs
Census ACS
Average AQI
23.0
Source: EPA AirNow
What is the cost of living index for Salem?
The cost of living index for Salem is not yet available in our database.
What is the median rent in Salem?
The median gross rent in Salem is $1,323 per month according to US Census ACS data.
What is the median household income in Salem?
The median household income in Salem is $71,900 per year.
What is the median home value in Salem?
The median home value in Salem is $382,400 based on the latest Census ACS survey.
How is the air quality in Salem?
Salem has an average Air Quality Index (AQI) of 23.0, which is rated "Good" by the EPA. Lower AQI values indicate cleaner air.
What are the taxes like in Salem?
Oregon has a top state income tax rate of 9.90% and no statewide sales tax (local rates may add to this). Source: Tax Foundation, 2024.
Data last updated: December 1, 2024 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology