Salem, OR — income, home value, property tax, and sales tax.
In ZIP code 97396, near Salem, households earn a median of $57,614, while per-capita income sits at $33,806. A median home value of $351,000 pairs with a county property tax rate of 0.73%, so annual property taxes on such a home run roughly $2,562. Sales tax adds nothing here, since the combined rate is 0.00%. That leaves income and housing costs as the main forces shaping a household's finances, with property taxes tied to home value and everyday purchases untaxed at the point of sale.
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