Salem vs Springfield
| Salem | Springfield | |
|---|---|---|
| Population | 175,754 | 61,740 |
| Median Household Income | $75,487 | $68,761 |
| Median Home Value | $416,900 | $358,700 |
| Median Gross Rent | $1,400/mo | $1,258/mo |
| Homeownership Rate | 55.9% | 55.0% |
| Unemployment Rate | 5.8% | 5.1% |
| Bachelor's Degree or Higher | 31.5% | 22.4% |
| Median Age | 36.0 | 37.4 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.