Salem, OR · standard
ZIP Code 97303
Marion County, Oregon - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 38,663
- 599/sq mi High-density area
- $84,871
- Median income Above-median income area
- $433,900
- Median home value Above-median home value
- 27.0%
- Bachelor's or higher Near-average bachelor's attainment
National ZIP placement
Salem pairs an above-median household income with upper-quartile home values, in a low-density, homeowner-dominated area.
- Top 32%
- household income, US ZIPs
- Top 18%
- home value, US ZIPs
- 599
- people per sq mi
- 63%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 97303 against every reporting US ZIP.
FHFA HPI release change
What changed in the latest House Price Index year
- FHFA House Price Index values in ZIP 97303 (Salem, OR) rose +1.6% from 2023 to 2024. The all-transactions index moved from 305.3 in 2023 to 310.1 in 2024 (2000 = 100).
ZIP code 97303 is a densely settled ZIP (a standard USPS delivery area) in Salem, Marion County, Oregon, with 38,663 residents across 64.6 square miles, a density of 599 people per square mile, in the Los Angeles time zone.
ZIP 97303 lands in the middle-income range, with a median household income of $84,871 (9% above the average Oregon ZIP), while per-capita income is $38,507. The poverty rate is 8.3%, with unemployment at 4.2%; those measures add context to the income figure. Median home value is $433,900 (0% above the average Oregon ZIP) and median rent is $1,415; 63.0% of occupied homes are owner-occupied.
Educational attainment sits below the national norm: 27.0% of adults hold a bachelor's degree or higher, the median age is 37.6, and the average commute is 25 minutes. The page also surfaces 6 ZIP codes within roughly 10 miles and 6 more in Marion County, so 97303 can be compared with both its immediate and county-level context.
Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →
Top industries in ZIP 97303
Top 5 sectors by establishment count in Salem, OR
Which industries have the most business establishments in ZIP 97303.
- Construction
Construction
151 establishments
- Health care and social assistance
Health care and social assistance
146 establishments
- Retail trade
Retail trade
131 establishments
- Accommodation and food services
Accommodation and food services
107 establishments
- Other services (except public administration)
Other services (except public administration)
85 establishments
What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 97303, Salem, OR · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.
Quick Facts
38,663
Population
64.6
Area (sq mi)
599
People / sq mi
Los Angeles
Time Zone
standard
ZIP Type
Who lives in ZIP 97303?
37.6
Median Age
47.4%
Male
52.6%
Female
9.2%
Foreign-Born
Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How much do residents earn?
$84,871
Median Household Income
+9% vs state ZIP avg
$38,507
Per Capita Income
8.3%
Poverty Rate
4.2%
Unemployment Rate
24.9 min
Mean Commute Time
How ZIP 97303 ranks nationally
Salem, OR household income vs. every US ZIP code
Median household income, the full national distribution, with this ZIP marked
$84,871 Top 32% higher than 68% of 30,318 US ZIPs
Each bar is a $20K-wide band; taller bars hold more US ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
Housing stock: occupied vs vacant
15,758housing units
15,758
Total Housing Units
15,351
Occupied Units
407
Vacant Units
2.61
Avg Household Size
Occupancy Type
$433,900
Median Home Value
+0% vs state ZIP avg
$1,415
Median Rent
1981
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
FHFA House Price Index, annual appreciation data based on repeat sales and appraisals
+1.6%
YoY Change (2024)
310
HPI Index (2000 = 100)
+210%
Total Change Since 2000
Home values in ZIP 97303 have increased 1.6% over the past year (2024). Since 2000, this ZIP has seen +210% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +4.7% | 223 |
| 2021 | +14.7% | 255 |
| 2022 | +17.1% | 299 |
| 2023 | +2.1% | 305 |
| 2024 | +1.6% | 310 |
Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.
What businesses operate in this ZIP?
Census Bureau data shows 966 business establishments in ZIP 97303, employing approximately 11,183 people with a combined annual payroll of $445,004,000.
966
Businesses
11,183
Employees
$445.0M
Annual Payroll
16
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Construction | 151 | 15.6% |
| Health care and social assistance | 146 | 15.1% |
| Retail trade | 131 | 13.6% |
| Accommodation and food services | 107 | 11.1% |
| Other services (except public administration) | 85 | 8.8% |
| Professional, scientific, and technical services | 72 | 7.5% |
| Administrative and support and waste management and remediation services | 64 | 6.6% |
| Real estate and rental and leasing | 45 | 4.7% |
| Finance and insurance | 44 | 4.5% |
| Wholesale trade | 32 | 3.3% |
| Manufacturing | 19 | 2.0% |
| Information | 17 | 1.8% |
| Arts, entertainment, and recreation | 17 | 1.8% |
| Transportation and warehousing | 15 | 1.6% |
| Educational services | 10 | 1.0% |
| Agriculture, forestry, fishing and hunting | 7 | 0.7% |
Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.
Nearby ZIP Codes
Want a side-by-side? Compare 97303 vs 97301 →
ZIP 97303 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 97301
Salem (97301)
53,518 residents
- 97305
Salem (97305)
40,176 residents
- 97303
Salem (97303)
38,663 residents
- 97302
Salem (97302)
37,131 residents
- 97304
Salem (97304)
28,454 residents
- 97317
Salem (97317)
24,355 residents
- 97026 3,815
Gervais (97026)
3,815 residents
What this shows Among its immediate neighbors, ZIP 97303 ranks #3 by population - useful context the national average alone can't give.
ZIP 97303 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 97304
Salem (97304)
$98,031 median income
- 97026
Gervais (97026)
$90,461 median income
- 97302
Salem (97302)
$85,833 median income
- 97303
Salem (97303)
$84,871 median income
- 97317
Salem (97317)
$84,393 median income
- 97305
Salem (97305)
$66,326 median income
- 97301
Salem (97301)
$60,422 median income
What this shows By household income, ZIP 97303 ranks #4 of 7 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 97303, both outside OR so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).
Similar population
Nearest cross-state ZIPs by resident population (38,663 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Marion County
Related Areas
Frequently Asked Questions
What county is ZIP code 97303 in?
ZIP code 97303 (Salem) is located in Marion County, Oregon. Marion County contains multiple ZIP codes, see the full list at /counties/marion-or.
What is the population of ZIP code 97303?
ZIP code 97303 in Salem, OR has a population of 38,663 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 97303?
The median household income in ZIP 97303 is $84,871, which is 11% above the national average of $76,288.
What is the average home value in ZIP 97303?
The median home value in ZIP 97303 is $433,900, which is 56% above the national average of $278,155.
What is the demographic makeup of ZIP 97303?
The largest racial group in ZIP 97303 is White at 73.4%. Hispanic or Latino residents make up 23.2% of the population.
How many businesses are in ZIP code 97303?
ZIP code 97303 has 966 business establishments employing approximately 11,183 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 97303?
The top industries by establishment count in ZIP 97303 are: Construction (151), Health care and social assistance (146), Retail trade (131). There are 16 industry sectors represented in total.
How have home values changed in ZIP code 97303?
According to the FHFA House Price Index, home values in ZIP 97303 increased by 1.6% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 210%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 97303?
In ZIP code 97303, 50.6% of residents aged 25+ have a high school diploma or higher, and 27.0% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 97303?
The mean commute time for workers in ZIP code 97303 is 24.9 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 97303?
In ZIP code 97303, approximately 63.0% of occupied housing units are owner-occupied and 37.0% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 97303?
The poverty rate in ZIP code 97303 is 8.3% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.
Related
Take this with you
What to do with ZIP 97303's numbers, next.
- See how ZIP 97303 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Salem, OR ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
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ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.