Salem vs Springfield: Housing
| Salem | Springfield | |
|---|---|---|
| Median Home Value | $115,000 | $177,700 |
| Median Gross Rent | $639/mo | $964/mo |
| Homeownership Rate | 50.0% | 43.9% |
| Rent as Share of Income | 17.5% | 23.5% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.