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Salem Housing, Costs

Monthly Salem housing costs for owner-occupied housing units. Costs are in two categories, for owners with a mortgage, and without a mortgage. Costs are displayed in dollar amounts in the first table, and as a percentage of total income in the second table.


Housing costs

Number

Percent

Specified owner-occupied housing units

24,718

100.0%

 

 

 

With a mortgage

19,056

77.1%

Less than $200 monthly

9

0.0%

$200 - $299 monthly

31

0.2%

$300 - $399 monthly

136

0.7%

$400 - $499 monthly

424

2.2%

$500 - $599 monthly

772

4.1%

$600 - $699 monthly

1,128

5.9%

$700 - $799 monthly

1,793

9.4%

$800 - $899 monthly

1,654

8.7%

$900 - $999 monthly

1,926

10.1%

$1,000 - $1,499 monthly

7,489

39.3%

$1,500 - $1,999 monthly

2,607

13.7%

$2,000 - $2,499 monthly

643

3.4%

$2,500 - $2,999 monthly

250

1.3%

$3,000 or more monthly

194

1.0%

Median in dollars

1,087

 

 

 

 

Without a mortgage

5,662

22.9%

Less than $100 monthly

0

0.0%

$100 - $149 monthly

37

0.7%

$150 - $199 monthly

206

3.6%

$200 - $249 monthly

703

12.4%

$250 - $299 monthly

1,286

22.7%

$300 - $399 monthly

2,021

35.7%

$400 - $499 monthly

707

12.5%

$500 - $699 monthly

517

9.1%

$700 or more monthly

185

3.3%

Median in dollars

325

 


Housing costs as a percentage of monthly income (1999)

Number

Percent

With a mortgage

19,056

77.1%

Less than 20%

6,849

35.9%

20 - 24%

3,700

19.4%

25 - 29%

2,610

13.7%

30 - 34%

1,758

9.2%

35% or more

4,076

21.4%

Not computed

63

0.3%

Median

23.6%

 

 

 

 

Without a mortgage

5,662

22.9%

Less than 20%

4,527

80.0%

20 - 24%

379

6.7%

25 - 29%

275

4.9%

30 - 34%

156

2.8%

35% or more

273

4.8%

Not computed

52

0.9%

Median

10.8%

 





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