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Salem in Marion County, OR has 35 HOAs collecting $5,953,704 from 1,953 households. Average Reserve Funding is 55.14% and Average Monthly Payment is $195.
Average Reserve Funding
55.14%
Ideal is 100%. Below 30% indicates high risk of special assessments. Above 70% has low risk of special assessments.
Average Monthly Payment
$195
Part of this payment is used to cover operational expenses. The other part is saved in the Reserve Fund to cover future maintenance.
Averages
FindMyHOA
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