Everything You Need to Know About the City of Salem Oregon

In 2017, Salem, Oregon had a population of 164k people with a median age of 35.2 and a median household income of $51,666 dollars. Between 2016 and 2017 the population of Salem, OR grew from 161,975 to 163,654, a 1.04 percent increase and its median household income grew from $49,126 dollars to $51,666 dollars, a 5.17 percent increase.

The population of Salem, OR is 67.6 percent White Alone, 22.4 percent Hispanic or Latino, and 3.71 percent Two or More Races. N/A% of the people in Salem, OR speak a non-English language, and 92.3 percent are U.S. citizens.

The largest universities in Salem, OR are Willamette University (732 degrees awarded in 2017), Corban University (267 degrees), and College of Hair Design Careers (35 degrees).

The median property value in Salem, OR is $201,900 dollars, and the homeownership rate is 53 percent. Most people in Salem, OR commute by Drove Alone, and the average commute time is 20.6 minutes. The average car ownership in Salem, OR is 2 cars per household.


Education in Salem

In 2017, universities in Salem, OR awarded 1,061 degrees. The student population of Salem, OR is skewed towards women, with 1,591 male students and 2,220 female students.

Most students graduating from Universities in Salem, OR are White (719 and 71.7 percent), followed by Hispanic or Latino (106 and 10.6 percent), Two or More Races (72 and 7.18 percent), and Asian (52 and 5.18 percent).

The largest universities in Salem, OR by the number of degrees awarded are Willamette University (732 and 69 percent), Corban University (267 and 25.2 percent), and College of Hair Design Careers (35 and 3.3 percent).

The most popular majors in Salem, OR are General Business Administration & Management (192 and 18.1 percent), Law (100 and 9.43 percent), and General Psychology (76 and 7.16 percent).

The median tuition costs in Salem, OR are $39,410 dollars for private four-year colleges, and $N/A and $N/A respectively, for public four-year colleges for in-state students and out-of-state students.


Economy in Salem

The economy of Salem, OR employs 73.9k people and Salem has an unemployment rate of 4.3 percent. Salem has seen the job market decreased by -0.1 percent over the last year. Future job growth over the next ten years is predicted to be 40.2 percent, which is higher than the US average of 33.5 percent. The largest industries in Salem, OR are Retail Trade (8,687 people), Health Care & Social Assistance (11,142 people), and Public Administration (7,294 people), and the highest paying industries are Mining, Quarrying, & Oil & Gas Extraction ($75,057 dollars), Utilities ($70,208 dollars), and Public Administration ($50,778 dollars).

Households in Salem, OR have a median annual income of $51,666 dollars, which is less than the median annual income of $61,937 dollars across the entire United States. This is in comparison to a median income of $49,126 dollars in 2016, which represents a 5.17 percent annual growth.


Tax Rates for Salem

– The Sales Tax Rate for Salem is 0.0 percent.

– The Income Tax Rate for Salem is 9.0 percent.

– Tax Rates can have a big impact when Comparing the Cost of Living.


Income and Salaries for Salem

– The average earnings of a Salem resident are $23,201 dollars a year.

– The Median household earnings of a Salem resident is $46,273 dollars a year.