Bay City vs Salem
| Bay City | Salem | |
|---|---|---|
| Population | 2,224 | 175,754 |
| Median Household Income | $82,589 | $75,487 |
| Median Home Value | $393,600 | $416,900 |
| Median Gross Rent | $1,221/mo | $1,400/mo |
| Homeownership Rate | 80.1% | 55.9% |
| Unemployment Rate | 3.3% | 5.8% |
| Bachelor's Degree or Higher | 26.5% | 31.5% |
| Median Age | 46.1 | 36.0 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.