Salem vs Independence: Housing
| Salem | Independence | |
|---|---|---|
| Median Home Value | $115,000 | $172,900 |
| Median Gross Rent | $639/mo | $1,109/mo |
| Homeownership Rate | 50.0% | 60.9% |
| Rent as Share of Income | 17.5% | 22.1% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.