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 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 Oregon average), while per-capita income is $38,507. Local economic indicators show a 8.3% poverty rate alongside 4.2% unemployment. Median home value sits at $433,900 (0% above the state average), median rent at $1,415 a month, and owner-occupancy at 63.0%.
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. To put 97303 in local context, 6 ZIP codes within roughly 10 miles appear further down this page alongside 6 additional ZIPs in Marion County, for a geography-aware comparison.
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
$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?
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
$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.
More ZIP Codes in Marion County
Related Areas
Frequently Asked Questions
What county is ZIP code 97303 in? ▼
What is the population of ZIP code 97303? ▼
What is the median household income in ZIP 97303? ▼
What is the average home value in ZIP 97303? ▼
What is the demographic makeup of ZIP 97303? ▼
How many businesses are in ZIP code 97303? ▼
What are the main industries in ZIP code 97303? ▼
How have home values changed in ZIP code 97303? ▼
What is the education level in ZIP code 97303? ▼
What is the average commute time in ZIP 97303? ▼
What percentage of residents own vs. rent in ZIP 97303? ▼
What is the poverty rate in ZIP code 97303? ▼
Read our methodology to see how this data is sourced, computed, and verified.