Renters looking for an apartment in 97306 Salem, OR can expect to find 2 bedroom rent prices at around $1,290. This is slightly lower than the national average of $1,430 for a two bedroom unit. The Grocery Cost Index in 97306 Salem, OR is also lower than the US average, at 101 compared to 100. This could potentially lead to a greater number of businesses offering competitive rates and discounts on bills and other services. Companies such as Oak Grove Power & Light Company and Pacific Power are known for their reasonable rates and may be helpful for renters in 97306 Salem, OR who are looking for financial savings. Additionally, local cable providers like Frontier Communications may offer discounts on bundled services or packages that can help reduce monthly expenses.
Salem (zip 97306) has an unemployment rate of 6.2%. The US average is 6.0%.
Salem (zip 97306) has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 40.2%, which is higher than the US average of 33.5%.
Tax Rates for Salem (zip 97306)
- The Sales Tax Rate for Salem (zip 97306) is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Salem (zip 97306) is 9.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Salem (zip 97306)
- The average income of a Salem (zip 97306) resident is $31,408 a year. The US average is $28,555 a year.
- The Median household income of a Salem (zip 97306) resident is $75,653 a year. The US average is $69,021 a year.