Salem vs Chesapeake: Housing
| Salem | Chesapeake | |
|---|---|---|
| Median Home Value | $258,600 | $378,400 |
| Median Gross Rent | $1,133/mo | $1,586/mo |
| Homeownership Rate | 62.8% | 74.4% |
| Rent as Share of Income | 20.4% | 20.0% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.