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
$84,871
Median income
$433,900
Median home value
27.0%
Bachelor's or higher

The verdict

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.

ZIP code 97303 is classified by USPS as a standard delivery area and covers roughly 64.6 square miles in Salem, Marion County, Oregon. The area is home to 38,663 residents, producing a population density of 599 people per square mile, and falls within the Los Angeles time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 97303 against Oregon and the nation.

On the economic side, the median household income for ZIP 97303 sits at $84,871 (9% above the Oregon average), while per-capita income is $38,507. The poverty rate stands at 8.3% and the unemployment rate at 4.2%. On housing, the median home value is $433,900 (0% above the state average) with median rent at $1,415 per month, and 63.0% of occupied units are owner-occupied, a direct signal of whether 97303 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 27.0% of adults hold a bachelor's degree or higher, the median age is 37.6, and the average commute is 25 minutes. We also surface 6 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Marion County, so you can benchmark 97303 against its immediate geography rather than a national average alone. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →

Top industries in ZIP 97303

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 97303.

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 · ZIP Code Business Patterns (ZBP) As of 2023

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, 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; HUD FMR + 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

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 97303?

37.6

Median Age

47.4%

Male

52.6%

Female

9.2%

Foreign-Born

White 73.4%
African American 0.8%
Asian 1.4%
American Indian or Alaska Native 1.6%
Native Hawaiian or Pacific Islander 0.6%
Two or More Ethnicities 13.9%
Hispanic or Latino 23.2%

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

$38,507

Per Capita Income

8.3%

Poverty Rate

4.2%

Unemployment Rate

24.9 min

Mean Commute Time

How ZIP 97303 ranks nationally

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

$0–$20,000: 118 US ZIPs (0%). Below this entry. $20,000–$40,000: 1,573 US ZIPs (5%). Below this entry. $40,000–$60,000: 7,092 US ZIPs (23%). Below this entry. $60,000–$80,000: 9,980 US ZIPs (33%). Below this entry. $80,000–$100,000: 5,778 US ZIPs (19%). This entry sits in this band. $100,000–$120,000: 2,855 US ZIPs (9%). Above this entry. $120,000–$140,000: 1,362 US ZIPs (4%). Above this entry. $140,000–$160,000: 686 US ZIPs (2%). Above this entry. $160,000–$180,000: 364 US ZIPs (1%). Above this entry. $180,000–$200,000: 186 US ZIPs (1%). Above this entry. $200,000–$220,000: 324 US ZIPs (1%). Above this entry. This ZIP $0 $200K+ every reporting US ZIP, bucketed by value

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?

High School Graduate or Higher 50.6%
Bachelor's Degree or Higher 27.0%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

15,758

Total Housing Units

15,351

Occupied Units

407

Vacant Units

2.61

Avg Household Size

Occupancy Type

Owner 63.0%
Renter 37.0%

$433,900

Median Home Value

+0% vs state

$1,415

Median Rent

1981

Median Year Built

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

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.

residents

What this shows Among its immediate neighbors, ZIP 97303 ranks #3 by population — useful context the national average alone can't give.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023

ZIP 97303 vs its nearest neighbors, by median income

Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.

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.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023
ZIP Code City Population Distance
97301 Salem, OR 53,518 5.7 mi
97304 Salem, OR 28,454 4.3 mi
97305 Salem, OR 40,176 4.8 mi
97026 Gervais, OR 3,815 6.4 mi
97302 Salem, OR 37,131 9.1 mi
97317 Salem, OR 24,355 10.5 mi

More ZIP Codes in Marion County

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.

ZIP Code Research Guides

Official Data Resources for Salem, OR

Verify and explore additional data for this area using these official government sources.