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Salem Oregon Real Estate By Jennifer Hershey

Salem Oregon Real Estate

Salem, Oregon, is located in Polk County, of , and 43 miles SW of Portland, Oregon. Salem has a population of 136,924.

Salem Homes

Salem properties pool is 50,645 residential properties including Salem new homes. Median age of real estate in Salem is 1973. Average Household size is 3.1 people. 4% are one bedroom homes, 22% are 2 bedroom homes, 54% are 3 bedroom homes, 16% are 4 bedroom homes, and 3% are 5+ bedroom homes.

Salem Mortgage Statistics

Salem mortgages vs. USA median statistics

Homes Salem USA
Homes With No Mortgage 23%
30%
Homes With Mortgage 77%
70%
First Mortgage Only 57%
54%
First & Second Mortgage or HELOC 20%
16%

Salem Area Real Estate Tax

Salem Real estate Tax: Median Real Estate Taxes (2000) were $1,885 comparing to 1999 Median Family income $ 46,409. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Salem School District: Children make up 25.4% of Salem population. Salem has 34,819 under 18 years old residents, or 0.58 kids per one worker, or 0.69 kids per one household.

Salem Real Estate & Salem Homeownership

There are 14180.6 or 28% one person households, 17219.3 or 34% two person households, and 7596.75 or 15% three person households in Salem, Oregon. Median residents age is 33.6, Senior citizens (65+) make up 17,039 or 12.4%% of Salem population.

There are 59,777 workers (over 16 years of age) in Salem. Of these, 87.21% drive to work. Approximately 3.27% of workers in Salem take public transportation. An estimated 3.68% walk to work.

Median Salem homeowner's housing expences are 21.1%

Crime in Salem (2003), crimes per 10,000 residents per year

Type of Crime Salem USA, 2003
Violent Crimes
37.54
47.5
Robberies
13.15
14.2
Aggravated Assaults
18.55
29.5
Property Crimes
844.48
358.8
Burglaries
115.03
74.0
Larceny-Thefts
614.72
241.5
Motor Vehicle Thefts
114.74
43.3

Invest in Salem Properties

When making a decision about buying real estate in Salem Oregon area, you should consider following statistical data:

Category Salem USA
Near Medium City
-
Near Large City
Portland, Oregon
-
Salem Zip Codes
97301, 97302, 97303, 97304, 97305, 97306
-
Salem Area Codes
503
-
White population
83.07%
75.1%
African-American population
1.28%
12.3%
Asian
2.41%
3.6%
American Indian & Alaskan
1.51%
0.9%
Hispanic (of any race)
14.59%
12.5%
Median Family Income (1999)
$ 46,409%
$42,000
Population Below Poverty Level
14.04%
12.4%

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See Also:

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Ashland Oregon Real Estate
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