97301 Homeowners Insurance Quotes & Coverage Options

For homeowners like you shopping online for home insurance quotes in the 97301 zip code it's important to know that our rates are very competitive for homeowners living in Salem, OR. Many homeowners based out of your 97301 area have found it very easy to shop with GetHomeInsuranceQuotes.com. For example, we clearly showcase the carriers that we will shop for you. Plus, our home insurance quotes are free and our Oregon licensed agents can provide a free consultation service to you that allows you to ask questions about the rates and coverage options. To start a free home insurance quote, simply click the "Get Multiple Quotes Now" button. Your 97301 should appear in the zip code field ready to go. For Salem, OR Homeowners Insurance Quotes nearby, we offer the best rates and service.

97301: Average Home Insurance Rates

For homeowners living in the great city of Salem, the average homeowners policy is considered very low in comparison to other states. Oregon premiums are estimated to be around $552 per year for homeowners insurance rates. You can easily save up to 40% or more, let us help you shop multiple home insurance quotes for free.

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97301 Home Insurance Average Premiums

Local 97301 homeowners insurance quotes comparison

$302 /yr.

Shows Zip Code: 97301 lowest rates with discounts applied on average.

For the 97301, homeowners insurance rates may vary on deductible, coverage amount and property details. Below is a list of the averages based on the cost of an annual home insurance premium.

Coverage Amount:	Annual Premium
1800 sq. ft. or below (discounts applied)	$302 /yr.
Average Coverage:	$552 /yr.
2600 sq. ft. or higher (all discounts applied)	$852 /yr.

What is the average home insurance cost for a home in 97301?

• The average homeowners insurance premium paid annually for a home in 97301 is around $552 per year.

What does it cost on average per month for home insurance in 97301?

• Homeowners in 97301 pay a monthly average cost per month around $46.00.

What kind of discount could I get if I combine my home and auto insurance together in 97301?

• Autoowners in 97301 can receive a 20% to 25% discount if they own a home and would like to group or bundle their car and home insurance together with one insurance company.

For shopping home insurance rates within the Salem area, check out other zip codes nearby 97301.
Review average rates in another zip code:
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Home Replacement Cost Coverage in 97301

Average Building Cost Per Square Foot in 97301: $221

Location: Salem, Oregon (Marion County)

Average Square Footage in 97301: 1,052 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 97301 before you start any project. Salem homeowners pay on average around $221 per square foot to build a home. Another great reason to know the average cost to build is for your homeowners insurance policy. A standard homeowners policy will help you cover the replacement cost of your home due a fire or any other named perils on your policy. Calculating your dwelling coverage for your home in 97301 is extremely helpful when estimating how much replacement cost coverage you need. We highly recommend that you have enough dwelling coverage to rebuild your home if it was destroyed by a covered peril.

Here is how you determine your replacement cost. If we take an average home in 97301 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 1,052 sq. ft. and the average cost to rebuild the home in this area is around $221 per square foot would be considered a base estimate cost. These two numbers would allow us to generate the replacement cost needed for an average size home in the Salem area. If the home is new or has been upgraded, you will want to add $50 to $100 or more per square foot to equally cover the replacement cost to restore a home back to it's original condition.

Home Improvement Status	Price per Sq. Ft.	Square Feet	Dwelling Coverage
Basic Home Features	$221	1,052	$232,400
Additional Upgrades & Added Features	$276	1,052	$290,500
Major Home Updates or Advancements	$332	1,052	$348,600

Calculate Your Dwelling Coverage in 97301

It's important to understand that when you estimate your replacement cost of your home in the 97301 zip code area, it will be the cost to replace the structure of your home, not the additional value of the property that is factored in when purchasing a new home.

Best Home & Auto Insurance Agencies in 97301

Connect Insurance

Address: 2680 Portland Road Northeast Salem, OR 97301
Phone:
Website: http://www.dexknows.com/rd?dku=http://www.dexknows.com/business_profiles/connect_insurance-b1518013&mkt=63801
Info:

Bruce Wood Ins Agcy Inc - State Farm Insurance Agent

Address: 2005 State St Salem, OR 97301
Phone:
Website: http://www.statefarm.com
Info: State Farm - Car Insurance Quotes - Save on Auto Insurance
State Farm offers more discounts to more drivers than any other insurance company. Get a free quote today and see how you can save on auto, home, life and more. State Farm, auto insurance, car insurance, home insurance, homeowners insurance, renters insurance, life insurance, health insurance, annuities, mutual funds, banking, car loans, credit cards, Visa gift cards

Ed Clark Insurance Incorporated

Address: 780 Commercial Street Southeast #201 Salem, OR 97301
Phone:
Website: http://www.progressiveagent.com/ed-clark-insurance-inc-salem
Info:

Nicholas Williams- Farmers Insurance

Address: 3400 State Street g710 Salem, OR 97301
Phone:
Website: http://www.national.citysearch.com/profile/663264400/salem_or/nicholas_williams_farmers_insurance.html
Info:

Debacker- Alan D

Address: 955 Market St NE Salem, OR 97301
Phone:
Website:
Info:

Housing Demographics for 97301

Population Review for 97301 Zip Code

For the city of Salem, the population within 97301 has increased to over 53,781 residents in population size. The current population total is 56,393. We have broken down the population based on race below. In 97301, there are over 29251 in male population and 27142 females.

Population	Values
Total Population	56,393
White Population	34218
Black Population	1169
Hispanic Population	20017
Asian Population	1180
Hawaiian Population	1003
Indian Population	1263
Other Population	10295
Male Population	29251
Female Population	27142
Population Estimate	53781

Household Data for 97301

The average number of homes in 97301 is around 19,328, there are an average of 2.65 per household. The average house value according to local real estate values is around $232,400. Please review the following demographics below for average income and media age.

Housing / Income Data	Values
Households Per Zipcode	19,328
Persons Per Household	2.65
Average House Value	$232,400
Income Per Household	$48149
Median Age	33.9
Median Age Male	33.8
Median Age Female	34.1

97301 Details	Values
State	OR
State Full Name	Oregon
City Type	P
City Alias Abbreviation
Area Code	503/971
City	Salem
City Alias Name	SALEM
County	Marion
County FIPS	047
State FIPS	41
Time Zone	8
Day Light Saving	Y
MSA	6442
PMSA	7080
CSA	440
CBSA	41420
CBSA_DIV
CBSA_Type	Metro
CBSA_Name	Salem, OR
MSA_Name	Portland-Salem, OR-WA CMSA
PMSA_Name	Salem, OR PMSA
Region	West
Division	Pacific
MailingName	Y

Economic & Growth Review	Values
Number Of Businesses	2126
Number Of Employees	30418
Business First Quarter Payroll	364668
Business Annual Payroll	1636058
Business Employment Flag
Growth Rank	0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number	0
Growth Increase Percentage	0.0

Metropolitan Details	Values
CBSA Population	390738
CBSA Division Population	0
Congressional District	05
Congressional LandArea	5189.73
Delivery Residential	20295
Delivery Business	2623
Delivery Total	22324
Preferred Last Line Key	Z15479
Classification Code
Multi-County
CSA Name	Portland-Vancouver-Salem, OR-WA
CBSA_DIV_Name
City State Key	Z15479
Land Area	11.305000
Water Area	0.170000
City Alias Code
City Mixed Case	Salem
City Alias Mixed Case	Salem
Box Count	0
SFDU	9363
MFDU	2067
State ANSI	41
County ANSI	047
ZIP Intro
Alias Intro
Facility Code	P
City Delivery Indicator	Y
Carrier Route Rate Sortation	D
Finance Number	407392
Unique ZIP Name
SSA State County Code	38230
Medicare CBSA Code	41420
Medicare CBSA Name	Salem, OR
Medicare CBSA Type	Metro
Market Rating Area ID	3
County Mixed Case	Marion

Oregon Homeowners Insurance News & Information

2025 – Study Shows Home Insurance Market Stabilizing Posted on Wednesday 11th December, 2024
According to a new report from Matic, the homeowner’s insurance market has shown signs of stabilizing roughly two years after major premium hikes and coverage challenges. Even though premiums are high, trends in the insurance industry show that a slowdown in premium growth may be coming. Here is a brief overview of the report and […]
What’s the average home insurance rate for a $300K home in 2024? Posted on Monday 9th December, 2024
A recent report from Insurance.com found that the average homeowners insurance rate for a $300,000 in homeowners coverage hit $2,777 per year which breaks down to $231 monthly. The cost of homeowners insurance in some states can be extremely expensive, for years Florida has been know to have the highest premiums in the nation. When […]
$4.5B Estimated In Insured Losses After 2024 Florida Hurricanes Posted on Wednesday 13th November, 2024
According to the Florida Office of Insurance Regulation, the three hurricanes that made landfall this year have caused more than $4.5 billion in estimated insured losses. Hurricane Debby, Helene and Milton all hit the state within two months of each other Helene and Milton struck just two weeks apart. State data show that over 269,000 […]

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