Salem, OR — income, home value, property tax, and sales tax.
In ZIP code 97385, near Salem, homes carry a median value of $494,600 while the county's effective property tax rate sits at 0.84%, working out to roughly $4,155 in annual taxes on such a home. Households here earn a median of $84,796, and per-capita income reaches $42,114, so that tax bill amounts to about 4.9% of typical household earnings. With no combined sales tax charged, everyday purchases don't add to the load. The gap between what homes cost and what residents bring in shapes how far those earnings stretch across this Salem-area community.
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