Salem vs Independence
| Salem | Independence | |
|---|---|---|
| Population | 4,673 | 122,218 |
| Median Household Income | $43,923 | $60,339 |
| Median Home Value | $115,000 | $172,900 |
| Median Gross Rent | $639/mo | $1,109/mo |
| Homeownership Rate | 50.0% | 60.9% |
| Unemployment Rate | 3.0% | 5.6% |
| Bachelor's Degree or Higher | 15.1% | 21.9% |
| Median Age | 42.3 | 39.0 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.