Salem is Oregon's capital, with a state-government and agriculture-driven economy offering more affordable prices than Portland. Marion County's property tax rate is close to the statewide average.
Recommended for incomes above $115k/yr (28% DTI rule)
Salem housing market
The 1.15% property tax rate reflects the county-level effective rate for Salem and is used to calculate your monthly tax escrow above. This rate may differ from the statewide Oregon average — county-level data produces more accurate monthly payment estimates for Salem buyers. Many Salem properties also carry HOA fees — the area average is approximately $100/month, which is not included in the calculator above.
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