Salem, OR · Oregon

Marion County

ZIP 97362

346,532 residents1,438 permits TTM$74,624 median HHI26 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$383,300

ACS 5-Year

Cap rate proxy

4.2%

FMR × 0.65 ÷ Home Value

Rent-to-income

21.4%

HUD FMR ÷ ACS HHI

Net migration

+1.94%

IRS SOI

Permits (TTM)

1,438

Census BPS

Climate risk

95.5

FEMA NRI (0–100)

ZIP 97362

Median home value

Gross yield

Buy Box score

0.3

Section 8 gap

Affordability

P/I: 6.4R/I:

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown26 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldBuy Box scoreSection 8 gap
970260.4
973520.4
973010.4
973830.3
970200.3
973620.3
970710.3
973250.3
973580.3
970320.3
973050.3
973030.2
973810.2
973170.2
973920.2
973850.2
973020.2
973060.1
971370.1
973750.1
970020.1
97310
97342
97346
97373
97384

Sort by any column. Click a ZIP for detail.

Demographics

Owner-occupied

62.2%

Census ACS

Vacancy rate

4.0%

Census ACS

Bachelor's degree +

26.0%

Census ACS

Rent burdened

51.0%

Census ACS (>30% income)

Median age

37.2

Census ACS

Data sources
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026