ZIP Code 97373

Salem — income, home value, property tax, and sales tax.

Median household income
N/A
Per-capita income
$4,175
Median home value
$416,400
Property tax rate
0.84%
Combined sales tax
0.00%

In ZIP code 97373, near Salem, per-capita income stands at just $4,175, so even a low effective property tax rate of 0.84% could weigh heavily on local homeowners. That county-level rate applies to assessed home value, meaning the actual tax bill depends on what a property is worth, not on earnings. A household bringing in a few thousand dollars a year would struggle to absorb any meaningful property tax payment, however small the percentage appears. There is no combined sales tax here, which eases everyday purchases, but the gap between income and housing costs remains the central challenge in this area.