ZIP comparison · Salem, OR

97032 vs 97306

Side-by-side comparison of two ZIP codes — typical home value, rent, yield, taxes, schools, and demographics. The greener number on each row signals which ZIP comes out ahead on that metric.

MetricZIP97032Hubbard, ORZIP97306Salem, OR
Home value
Typical home value$494,207Better: $497,443
1-year appreciation-1.1%Better: +0.2%
5-year CAGR+3.3%Better: +3.4%
10-year CAGRBetter: +6.7%+6.4%
Rent & investment
Monthly rent$1,722
Gross yield4.2%
Cap rate2.5%
Property tax
Effective tax rateBetter: 0.7%1.0%
Typical annual taxBetter: $3,308$4,981
Demographics
Population5,04434,383
Median household income$101,250Better: $101,753
Climate & migration
Overall risk (FEMA NRI)Relatively HighRelatively High
Net migration-180-180
Schools
Public schools16
Students enrolled4212,980