| ZIP Code | 97306 |
|---|---|
| City | Salem |
| State | Oregon (OR) |
| County | Marion County |
| Area Code | 503 |
| Elevation | 872 ft |
| Latitude | 44.842904 |
|---|---|
| Longitude | -123.094751 |
| Timezone | Los Angeles (DST) |
| FIPS | 41047 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 38.3 yrs |
|---|---|
| Avg Household Size | 2.49 |
| Below Poverty | 9.9% ≈ Avg |
| College Grads | 52.4% ▲ 35% above avg |
| Unemployment | 4.3% ▼ 12% below avg |
| No HS Diploma | 163 (0.7%) |
| HS Graduate | 4,263 (18.8%) |
| Some College | 2,252 (9.9%) |
| Associates | 4,097 (18.1%) |
| Bachelors | 2,215 (9.8%) |
| Graduate Degree | 9,651 (42.6%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $89,773 ▲ 18% above avg ↑ 34% since 2019 |
|---|---|
| Median Home Value | $438,900 ▲ 57% above avg ↑ 58% since 2019 |
| Home/Income Ratio | 4.9x (nat avg ~3.5x) |
| Median Rent | $1,455/mo ↑ 28% since 2019 |
| Total Units | 14,151 |
| Vacant Units | 516 |
| Avg HH Size | 2.49 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 14,151 |
|---|---|
| Vacant | 516 |
| Owner Occupied | 68.2% |
| Renter Occupied | 31.9% |
| Avg HH Size | 2.49 |
ZIP code 97306 is located in Salem, Oregon, within Marion County. With a population of 34,160, this is a moderately populated ZIP code with a middle-aged community — the median age is 38.3 years. Economically, 97306 is a middle-income ZIP code: the median household income of $89,773 is above the national average.
Real estate in ZIP code 97306 represents a premium housing market. The median home value of $438,900 is significantly above the national average. Renters can expect to pay around $1,455 per month in median rent. Homeownership is strong here — 68.2% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 58% since 2019.
The population of 97306 is primarily White (73.82%). Residents are well-educated — 52.4% hold a bachelor's degree or higher, which is above the national average. Poverty affects a relatively small share of residents at 9.9%. Household income has grown by 34% since 2019.
The unemployment rate in 97306 stands at 4.3%, which is near the national average. About 15% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 74%.
Overall, ZIP code 97306 in Salem, OR is characterized as middle-income, well-educated, a middle-aged community, and predominantly owner-occupied. With 34,160 residents, a median household income of $89,773, and a median home value of $438,900, it offers a clear picture of life in this part of Oregon.