Salem vs Springfield: Housing
| Salem | Springfield | |
|---|---|---|
| Median Home Value | $416,900 | $358,700 |
| Median Gross Rent | $1,400/mo | $1,258/mo |
| Homeownership Rate | 55.9% | 55.0% |
| Rent as Share of Income | 22.3% | 22.0% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.