ZIP comparison · Salem, OR
97305 vs 97344
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 | ZIP97305Salem, OR | ZIP97344Falls City, OR |
|---|---|---|
| Home value | ||
| Typical home value | Better: $424,078 | $361,499 |
| 1-year appreciation | +0.1% | Better: +0.3% |
| 5-year CAGR | +3.6% | Better: +4.2% |
| 10-year CAGR | +7.6% | Better: +8.7% |
| Rent & investment | ||
| Monthly rent | $1,777 | — |
| Gross yield | 5.0% | — |
| Cap rate | 3.0% | — |
| Property tax | ||
| Effective tax rate | 0.8% | Better: 0.6% |
| Typical annual tax | $3,363 | Better: $2,095 |
| Demographics | ||
| Population | 45,083 | 1,534 |
| Median household income | Better: $66,326 | $59,000 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively High | Relatively Low |
| Net migration | -180 | Better: +22 |
| Schools | ||
| Public schools | 11 | 2 |
| Students enrolled | 6,363 | 178 |