ZIP Code 97305

In ZIP code 97305, near Salem, homes carry a median value of $372,200, while the county's 0.84% effective property tax rate works out to roughly $3,127 a year on such a home. Households here earn a median of $66,326, so that tax equals about 4.7% of annual income, a meaningful slice for many owners. Per-capita income sits at $27,458. With no combined sales tax charged, everyday purchases don't add to the load, though the property tax itself remains the main cost tied to owning a home in this area.