ZIP code 97405: income, home prices and cost of living

The median household income in ZIP 97405 is $86,613, which is 20% above the Oregon median of $71,930 and 26% above the national figure. The typical home is valued at $457,500, and the median rent is $1,378/month. 70.1% of households own their home.

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

Median household income

$86,613

Oregon average
$71,93020%
National
$68,75026%

Median home value

$457,500

Oregon average
$373,60022%
National
$209,600118%

Median gross rent

$1,378

Oregon average
$1,19116%
National
$98440%

Median age

45.5 yrs

Oregon average
41.5 yrs10%
National
41.0 yrs11%

Homeownership rate

70.1%

Oregon average
71.2%2%
National
75.8%8%

Bachelor's degree or higher

26.7%

Oregon average
16.0%67%
National
15.9%68%

How ZIP 97405 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.

See today's rates for homes in your area

Homes in 97405 typically sell around $457,500. Compare what a vetted mortgage pro can actually offer you before you commit.

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Nearby ZIP codes in Oregon

97404974039740297408974019741197415973949739297391

Or compare 97405 with 97404.

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See every local figure on the Oregon money guide.

What people search about ZIP 97405

Searches for the cost of living in 97405, the median household income in 97405, average rent in 97405 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 97405, 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.