ZIP code 97048: income, home prices and cost of living

The median household income in ZIP 97048 is $71,509, which is 1% below the Oregon median of $71,930 and 4% above the national figure. The typical home is valued at $331,700, and the median rent is $893/month. 75.0% of households own their home.

Source: U.S. Census Bureau, American Community Survey (5-year). Latest observation ACS 2022.

Median household income

$71,509

Oregon average
$71,930
National
$68,7504%

Median home value

$331,700

Oregon average
$373,60011%
National
$209,60058%

Median gross rent

$893

Oregon average
$1,19125%
National
$9849%

Median age

47.5 yrs

Oregon average
41.5 yrs14%
National
41.0 yrs16%

Homeownership rate

75.0%

Oregon average
71.2%5%
National
75.8%1%

Bachelor's degree or higher

9.7%

Oregon average
16.0%39%
National
15.9%39%

How ZIP 97048 compares with Oregon and the U.S.

State and national bars are the median across ZIP Code Tabulation Areas. Source: U.S. Census Bureau, American Community Survey (5-year), 2022.

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Homes in 97048 typically sell around $331,700. Compare what a vetted mortgage pro can actually offer you before you commit.

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Nearby ZIP codes in Oregon

97045970519705597056970389705897060970359703497062

Or compare 97048 with 97045.

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See every local figure on the Oregon money guide.

What people search about ZIP 97048

Searches for the cost of living in 97048, the median household income in 97048, average rent in 97048 and home values in this part of Oregon all come back to the same Census figures shown above. Use them alongside a mortgage payment estimate, a property tax estimate and a household budget before you compare this ZIP code with a neighbouring one.

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Methodology

Figures describe ZIP Code Tabulation Area 97048, the Census Bureau's statistical approximation of the ZIP code. Values are median estimates for the five-year period ending 2022.

State and national benchmarks are the median of all ZCTAs in that geography with at least 1,000 residents, computed by us from the same public dataset.

Sources: U.S. Census Bureau, American Community Survey (5-year). American Community Survey 5-year estimates, 2022.