Phoenix vs Salem
| Phoenix | Salem | |
|---|---|---|
| Population | 4,389 | 175,754 |
| Median Household Income | $66,508 | $75,487 |
| Median Home Value | $415,300 | $416,900 |
| Median Gross Rent | $1,225/mo | $1,400/mo |
| Homeownership Rate | 70.8% | 55.9% |
| Unemployment Rate | 3.5% | 5.8% |
| Bachelor's Degree or Higher | 31.4% | 31.5% |
| Median Age | 55.6 | 36.0 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.