ZIP comparison · Salem, OR
97302 vs 97346
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.
| Metric | ZIP97302Salem, OR | ZIP97346Gates, OR |
|---|---|---|
| Home value | ||
| Typical home value | $465,023 | Better: $470,714 |
| 1-year appreciation | +0.5% | Better: +5.3% |
| 5-year CAGR | +3.4% | Better: +4.2% |
| 10-year CAGR | +6.8% | Better: +8.1% |
| Rent & investment | ||
| Monthly rent | $1,486 | — |
| Gross yield | 3.8% | — |
| Cap rate | 2.3% | — |
| Property tax | ||
| Effective tax rate | 1.0% | Better: 0.6% |
| Typical annual tax | $4,585 | Better: $2,715 |
| Demographics | ||
| Population | 40,799 | 1,017 |
| Median household income | Better: $85,833 | $83,750 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively High | Relatively High |
| Net migration | -180 | -180 |
| Schools | ||
| Public schools | 10 | — |
| Students enrolled | 7,429 | — |