Zip Code

97305

City

Salem, OR

Population & Migration

What is the forecasted population for Zip code 97305 Salem, OR?

Population census 2020
44,536
Forecasted population 2025
47,013
5.6% vs. 2020
Forecasted population 2030
48,791
9.6% vs. 2020

Zip code 97305 Salem, OR population is forecasted to grow 5.6% by 2025 (0.9 points above the 4.7% national average).

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Housing and Affordability

With a forecasted population of 47,013 people for 2025 zip code 97305 Salem, OR will generate a good demand for housing, which is expected to have a deficit of 1,399 houses for 2030. Vacancy rate is 6.6 points below national US average.

Total homes available 2020
14,644
Estimated total home demand in 2030
16,043
Total homes balance inventory
1,399

Average Household Income in zip code 97305 Salem, OR
from Internal Revenue Service

Average household income in 2021
$69,363

Affordability

Affordability Index
6

Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5

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Drinking water violations

How is the quality of drinking water in Zip code 97305 Salem, OR?

County total number of drinking water violations

1096

+385%

226

County total number of drinking water contaminations

66

+187%

23

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