dynamic.RE

State

City

Compare with

City

State

City

ZIP codes

Salem, OR · 97309

ACS 2024

Market Read

A market with no active rental pool to price against. The sale-side figures below are the whole picture.

Tenant economics are strong. Median household income $77K, +3.7% YoY (county); renters hold 37.7% of county households. See the people evidence ↓

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

Computed from this page's data: . The listing and rental pools are separate samples, not the same homes priced two ways, so the ratios describe the market rather than any one property. Ratios with reasons, not a recommendation to buy.

Median Listing Price

Population

126,870

Median Days on Market

Active Listings

New Listings

Housing Market

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 132,295

132Kunits

Occupied126,87095.9%

Vacant5,4254.1%

2024 Tenure ⓘ

U.S. Census ACS · n = 126,870

127Koccupied

Owner79,05462.3%

Renter47,81637.7%

Renter Share

37.7%-0.2% YoY

Total Housing Units

132,295+1.3% YoY

FY2026 Fair Market Rent

CountyMarion County · HUD 40th-percentile estimate, not actual market asking rent

Studio

$1,181

/month

1 BR

$1,201

/month

2 BR

$1,560

/month

3 BR

$2,159

/month

4 BR

$2,338

/month

FMR trends · Marion County

HUD Fair Market Rents · FY1983–FY2026

County Demographics

County population is up 0.8% to 349,244: residents under 18 are down 0.8% and those 65 and over are up 2.7%.

Median Age

37.52024

Population

Marion County Population

352,867+0.9% YoY

Households

Total Households

126,870+1.2% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.66-0.7% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 349,244

349Kresidents

Under 1882,19623.5%

Adults 18–64208,67059.7%

65 & Over58,37816.7%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

82,196-0.8% YoY

Population 65 & Over

58,378+2.7% YoY

Median Age

37.50+0.8% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house87.0%

Moved (within US)12.6%

Other0.4%

Veterans

7.3%+2.8% YoY

County Economy

County median household income is $77K, 13.0% of residents are below the poverty level, 12.7% work from home.

Income

Median Household Income

$77K+3.7% YoY

Per-Capita Income

$37K+5.2% YoY

Mean Household Income

$100K+4.7% YoY

Poverty

Below Poverty Level

13.0%-0.8% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone70.0%

Public transit1.3%

Worked from home12.7%

Other16.0%

Worked From Home

12.7%+8.5% YoY

Mean Commute

24.100.0% YoY

Done with 97309? Put it next to another market.

State

City

Compare with

City

State

City

ZIP codes

Salem, OR · 97309

ACS 2024

Market Read

A market with no active rental pool to price against. The sale-side figures below are the whole picture.

Tenant economics are strong. Median household income $77K, +3.7% YoY (county); renters hold 37.7% of county households. See the people evidence ↓

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

Median Listing Price

Population

126,870

Median Days on Market

Active Listings

New Listings

Housing Market

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 132,295

132Kunits

Occupied126,87095.9%

Vacant5,4254.1%

2024 Tenure ⓘ

U.S. Census ACS · n = 126,870

127Koccupied

Owner79,05462.3%

Renter47,81637.7%

Renter Share

37.7%-0.2% YoY

Total Housing Units

132,295+1.3% YoY

FY2026 Fair Market Rent

CountyMarion County · HUD 40th-percentile estimate, not actual market asking rent

Studio

$1,181

/month

1 BR

$1,201

/month

2 BR

$1,560

/month

3 BR

$2,159

/month

4 BR

$2,338

/month

FMR trends · Marion County

HUD Fair Market Rents · FY1983–FY2026

County Demographics

County population is up 0.8% to 349,244: residents under 18 are down 0.8% and those 65 and over are up 2.7%.

Median Age

37.52024

Population

Marion County Population

352,867+0.9% YoY

Households

Total Households

126,870+1.2% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.66-0.7% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 349,244

349Kresidents

Under 1882,19623.5%

Adults 18–64208,67059.7%

65 & Over58,37816.7%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

82,196-0.8% YoY

Population 65 & Over

58,378+2.7% YoY

Median Age

37.50+0.8% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house87.0%

Moved (within US)12.6%

Other0.4%

Veterans

7.3%+2.8% YoY

County Economy

County median household income is $77K, 13.0% of residents are below the poverty level, 12.7% work from home.

Income

Median Household Income

$77K+3.7% YoY

Per-Capita Income

$37K+5.2% YoY

Mean Household Income

$100K+4.7% YoY

Poverty

Below Poverty Level

13.0%-0.8% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone70.0%

Public transit1.3%

Worked from home12.7%

Other16.0%

Worked From Home

12.7%+8.5% YoY

Mean Commute

24.100.0% YoY

Done with 97309? Put it next to another market.