Salem vs Springfield
| Salem | Springfield | |
|---|---|---|
| Population | 44,541 | 155,305 |
| Median Household Income | $85,153 | $52,656 |
| Median Home Value | $542,800 | $245,000 |
| Median Gross Rent | $1,836/mo | $1,144/mo |
| Homeownership Rate | 49.7% | 49.6% |
| Unemployment Rate | 5.1% | 8.7% |
| Bachelor's Degree or Higher | 47.8% | 20.5% |
| Median Age | 39.3 | 33.7 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.