Homeowners see modest tax increases as Salem property values rise quickly

A typical Salem homeowner will pay about $123 more in property taxes this year to fund the operation of local schools, the city of Salem and county government.

Tax data from Marion and Polk counties also shows that the rapid rise in home values over the past two years is cooling off, with the total market value of residential property rising 5.1% in Marion and 8% in Polk counties. 

The total value of all residential…