Redwood vs Salem
| Redwood | Salem | |
|---|---|---|
| Population | 3,275 | 175,754 |
| Median Household Income | $68,125 | $75,487 |
| Median Home Value | $397,800 | $416,900 |
| Median Gross Rent | $1,165/mo | $1,400/mo |
| Homeownership Rate | 61.7% | 55.9% |
| Unemployment Rate | 6.3% | 5.8% |
| Bachelor's Degree or Higher | 19.4% | 31.5% |
| Median Age | 45.3 | 36.0 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.