ZIP comparison · Salem, OR

97304 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.

MetricZIP97304Salem, ORZIP97306Salem, OR
Home value
Typical home valueBetter: $501,590$497,443
1-year appreciationBetter: +0.5%+0.2%
5-year CAGRBetter: +4.0%+3.4%
10-year CAGRBetter: +6.8%+6.4%
Rent & investment
Monthly rentBetter: $1,684$1,722
Gross yield4.0%Better: 4.2%
Cap rate2.4%Better: 2.5%
Property tax
Effective tax rateBetter: 0.9%1.0%
Typical annual taxBetter: $4,305$4,981
Demographics
Population34,87934,383
Median household income$98,031Better: $101,753
Climate & migration
Overall risk (FEMA NRI)Relatively LowRelatively High
Net migrationBetter: +22-180
Schools
Public schools96
Students enrolled5,2512,980