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Marion County, OR

RANK #802 / 996  ·  POP 345,815  ·  OR

PROJECTED GROWTH: -0.6%

Marion County ranks in the bottom tier of U.S. counties on economic momentum.

[01] Why Marion County?

Silver Falls State Park, often called the "crown jewel" of Oregon's state parks, is a notable feature of Marion County, Oregon, located in the heart of the Willamette Valley. The county seat, Salem, is also the state capital and one of the valley's oldest cities. Marion County stretches from the Willamette River to the Cascade Mountains, covering nearly 1,200 square miles. Most residents can reach the Pacific beaches in under two hours. The region offers extensive outdoor recreation, including hiking, fishing, biking, and boating, with numerous parks, rivers, and lakes. The Trail of Ten Falls at Silver Falls State Park is a popular hiking destination.

Life in Marion County is characterized by a mix of urban and rural living options. The county's economy is supported by agriculture, food processing, manufacturing, and the public sector, with the state of Oregon being a major employer due to Salem's status as the capital. Recent economic developments include efforts to expand rural broadband connectivity and support local businesses, including those in manufacturing and food processing. Commute options within the county and to nearby areas are available through Cherriots Regional bus services. The county also has a variety of public and private K-12 schools and several higher education institutions within a 30-mile radius.

[02] Market Snapshot

Housing Ratio
6.6x

Above national median (4.7x)

GDP Growth
+3.1%

Above national median

Home Prices
+0.2%

Well below national median

Climate & Terrain
3.5

Favorable climate & terrain

Price/Rent
18x

Above national median (13x)

Housing is fairly valued at 6.6x relative to local economic output. Climate and geography support a structural premium. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Marion County U.S. National

The Numbers

DEMOGRAPHICS
Population
345,815
+0.52% YoY
Median Household Income
$70,926
Median Home Value
$352,500
+0.19% 12mo
Median Rent
$1,228
Average Annual Pay
$62,787
+5.4% YoY
Employment
171,271
+1.9% YoY
Income-to-Home-Value
0.2012
Near national average
Migration Inflow
3.92%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$462,000
Days on Market
87
Slower market
Months of Supply
4.1
Balanced market
Sale-to-List Ratio
98.5%
Near asking price
Sold Above List
22.6%
Listings w/ Price Drops
24.6%
Building Permits (2024)
1,682
Single-Family Permits
843

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Capital Investment

$1,050M
TOTAL
PROJECT AMOUNT STATUS
Amazon Fulfillment Center (PDX8)
Amazon
$500M Operating
Proposed Data Center Campus
Undisclosed (Stream Data Center mentioned in news)
$500M Proposed
Marion County Solar Portfolio (multiple projects)
Various (e.g., Bighorn Solar, Adapture Renewables, Neighborhood Power Corp.)
$50M Operating

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

GDP Growth +3.1% 57 percentile
Population Growth +0.5% 53 percentile
Income Growth +9.3% 69 percentile
Vacancy Rate 1.0% 58 percentile
Home Price Change +0.2% 33 percentile
Rent Growth +0.9% 18 percentile
Price/Rent 18x 15 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Marion County, OR a good place to move to?

Marion County has a Boom Town Index score of 20/100, ranking #802 among 996 U.S. counties. With job growth at +1.9% and a median household income of $70,926, it faces some economic headwinds compared to faster-growing counties.

Is Marion County affordable?

The median home value in Marion County is $352,500 with median rent at $1,228/month. The income-to-home-value ratio is 0.2012, which is less affordable than the national average.

Is Marion County growing or shrinking?

Population growth: +0.5% year-over-year. Job growth: +1.9%. Home values changed +0.2% in the past 12 months.

Are people moving to Marion County?

Yes — 3.92% of Marion County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

Robeson County, NC 30 Polk County, OR 30 York County, SC 30 Montgomery County, MD 30 Lincoln County, OR 30 Greenwood County, SC 30 El Dorado County, CA 30 Sonoma County, CA 30