Salem, OR — income, home value, property tax, and sales tax.
In ZIP code 97381, near Salem, homes carry a median value of $539,600, and the county-level effective property tax rate of 0.84% works out to roughly $4,533 a year in property taxes on such a home. With median household income at $89,383, that tax bill equals about 5.1% of annual household earnings, a meaningful slice of the budget in a market where per-capita income sits at $42,005. A combined sales tax rate of 0.00% means everyday purchases add nothing extra, so the housing cost and its property-tax load stand as the primary tax pressure here.
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