2024 Compare Cities Housing:
Salem, OR vs Richmond, KY

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Highlights
- The median age of a home in Salem is 34.9% older than the median age of a home in Richmond.
 Salem, ORRichmond, KYUnited States
 Median Home Age432842
 Median Home Cost$399,000$249,300$338,100
 Home Appr. Last 12 months14.2%15.5%16.6%
 Home Appr. Last 5 yrs.69.9%49.5%57.0%
 Home Appr. Last 10 yrs.144.5%69.9%101.1%
 Property Tax Rate$11.8$9.0$11.0
 Homes Owned51.9%32.6%57.4%
 Housing Vacant5.4%10.3%11.2%
 Homes Rented42.6%57.0%31.4%
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 Avg Rent For Home Or Apartment
 Salem, ORRichmond, KYUnited States
 Average Rent$1,780$1,050$1,840
 Studio Apartment$940$640$1,080
 1 Bedroom Home or Apartment$1,000$650$1,180
 2 Bedroom Home or Apartment$1,270$790$1,430
 3 Bedroom Home or Apartment$1,800$1,060$1,860
 4 Bedroom Home or Apartment$2,080$1,060$2,160
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 Vacant Housing
 Salem, ORRichmond, KYUnited States
 Vacant For Rent2.7%2.9%1.9%
 Vacant Rented0.2%0.6%0.4%
 Vacant For Sale0.5%0.4%0.7%
 Vacant Sold0.1%0.6%0.4%
 Vacant Vacation0.2%0.4%3.6%
 Vacant Other1.7%5.5%4.1%
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 Owner-Occupied Housing Value
 Salem, ORRichmond, KYUnited States
 Less Than $20,0001.4%7.4%2.6%
 $20,000 to $39,9992.2%0.7%2.4%
 $40,000 to $59,9991.3%1.5%2.8%
 $60,000 to $79,9991.3%1.4%3.9%
 $80,000 to $99,9991.3%8.9%4.5%
 $100,000 to $149,9994.4%26.2%11.3%
 $150,000 to $199,9999.2%22.5%13.0%
 $200,000 to $299,99932.7%23.6%20.1%
 $300,000 to $399,99926.7%3.3%13.6%
 $400,000 to $499,99911.1%3.2%8.3%
 $500,000 to $749,9996.8%0.4%9.7%
 $750,000 to $999,9991.1%0.9%3.9%
 $1,000,000 to $1,499,9990.4%0.2%2.2%
 $1,500,000 to $1,999,9990.0%0.0%0.8%
 $2,000,000 and over0.1%0.0%1.1%
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 Housing Units By Year Built
 Salem, ORRichmond, KYUnited States
 2015 and Newer0.2%0.0%0.2%
 2010 to 201412.5%17.0%13.6%
 2000 to 200912.5%17.0%13.6%
 1990 to 199916.8%24.3%13.6%
 1980 to 19899.7%16.2%13.2%
 1970 to 197919.9%9.4%14.8%
 1960 to 196916.8%24.3%13.6%
 1950 to 195910.6%4.7%10.0%
 1940 to 19494.9%1.3%4.7%
 1939 or Earlier9.0%4.0%12.2%
Reviews for Salem    37 Reviews

After reading the reviews here, I had to come write my own. The problem I had with most of the reviews is that most were very opinion-based and seemed to assume everyone  More

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Moved here approx. 4 years ago from SW Michigan, but I've lived in 9 other cities & 5 other states. Salem is a very manageable sized city, with tons of parks, diverse  More

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Over 4 years ago

I'm a native 5th generation Oregonian, so bear in mind that I was born with webs between my toes! Anyway, I used to think it rained too much when I was young. Then I  More

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Reviews for Richmond    4 Reviews

Over 6 years ago

Keep this between us... Richmond is a hidden gem. A small university town close to a large city (Lexington is 30 minutes away) and less than two hour from very large  More

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For a smallish town, Richmond offers a convenient location and great small restaurants. Fortunately it is also wedged between Lexington and little Berea, both with more  More

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Over 15 years ago

Major university town of small size (30,000), and conveniently located 30 miles from Lexington,  More

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