Homeowners in Salem on average will pay about $120 more in property taxes this year. Home values previously skyrocketed until around 2022, but that rise has since slowed down.
ECONOMY
Banking on Oregon forests: Despite challenges, carbon markets see big potential in small landowners
Carbon crediting companies are beginning to appeal to small forest owners with an offer they’ve long been left out of due to the high costs and risks.
Banking on Oregon forests: In fight against climate change, financial markets see green in Oregon
Two dozen forests in Oregon encompassing more than 1 million acres have been entered into carbon credit markets in the last decade, generating big money and global interest.
COLUMN: Unemployment low in Salem, but wage growth mixed
Despite wage increases, the leisure and hospitality industry hasn’t added many jobs in recent years compared to other sectors of Salem’s economy.
Cannery redevelopment project gets green light from city
The developer buying the former Truitt Brothers cannery site on Front Street plans to preserve the 1914 building and two piers over the Willamette River while redeveloping the site as a 382-apartment neighborhood with a food hall, market and more.
From humble beginnings, LifeSource’s founder built a small natural foods empire in Salem
Thirty years after its founding, LifeSource Natural Foods has remained an independently owned grocery store in south Salem, despite consolidation in the industry and more competition from mainstream grocers.
Five key takeaways about the state of downtown Salem
Vacancy rates are low and developers are investing millions in downtown, but inflation, safety and parking remain challenges for business owners and customers alike.
The problems and promise of downtown Salem
Many downtown businesses report fewer people coming into their stores as a Covid push to support small businesses fades and inflation hits people hard. But downtown remains flush with new developments and businesses eager to invest and expand.
New leader brings passion, experience to Willamette Valley Visitors Association
Tori Middelstadt wants to help the Willamette Valley attract visitors for wine, sports and the outdoors, while benefitting the people who live here.
Taste the latest from Salem’s food entrepreneurs at Friday market
Ola Elkanah’s packaged African spices and meals make it easy to bring West African staples to life at home. Her business, Flourish Spices, is one of 20 participating in an evening market at Chemeketa Community College to show off Oregon food entrepreneurs.