| ZIP Code | 97304 |
|---|---|
| City | Salem |
| State | Oregon (OR) |
| County | Polk County |
| Area Code | 503/971 |
| Elevation | 170 ft |
| Latitude | 45.006596 |
|---|---|
| Longitude | -123.111691 |
| Timezone | Los Angeles (DST) |
| FIPS | 41053 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 38.6 yrs ↓ 6% since 2019 |
|---|---|
| Avg Household Size | 2.52 |
| Below Poverty | 9.5% ≈ Avg |
| College Grads | 49.3% ▲ 27% above avg |
| Unemployment | 5.3% ▲ 9% above avg |
| No HS Diploma | 265 (1.2%) |
| HS Graduate | 4,303 (18.8%) |
| Some College | 3,318 (14.5%) |
| Associates | 3,694 (16.2%) |
| Bachelors | 2,256 (9.9%) |
| Graduate Degree | 9,019 (39.5%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $91,731 ▲ 20% above avg ↑ 31% since 2019 |
|---|---|
| Median Home Value | $469,500 ▲ 68% above avg ↑ 62% since 2019 |
| Home/Income Ratio | 5.1x (nat avg ~3.5x) |
| Median Rent | $1,441/mo ↑ 36% since 2019 |
| Total Units | 14,547 |
| Vacant Units | 763 |
| Avg HH Size | 2.52 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 14,547 |
|---|---|
| Vacant | 763 |
| Owner Occupied | 64.7% |
| Renter Occupied | 35.3% |
| Avg HH Size | 2.52 |
ZIP code 97304 is located in Salem, Oregon, within Polk County. With a population of 34,846, this is a moderately populated ZIP code with a middle-aged community — the median age is 38.6 years. Economically, 97304 is a middle-income ZIP code: the median household income of $91,731 is above the national average.
Real estate in ZIP code 97304 represents a premium housing market. The median home value of $469,500 is significantly above the national average. Renters can expect to pay around $1,441 per month in median rent. Homeownership is strong here — 64.7% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 62% since 2019.
The population of 97304 is primarily White (75.99%). Residents are well-educated — 49.3% hold a bachelor's degree or higher, which is above the national average. Poverty affects a relatively small share of residents at 9.5%. Household income has grown by 31% since 2019.
The unemployment rate in 97304 stands at 5.3%, which is near the national average. About 22% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 66%.
Overall, ZIP code 97304 in Salem, OR is characterized as middle-income, well-educated, a middle-aged community, and predominantly owner-occupied. With 34,846 residents, a median household income of $91,731, and a median home value of $469,500, it offers a clear picture of life in this part of Oregon.