ZIP code 97408: income, home prices and cost of living

The median household income in ZIP 97408 is $95,674, which is 33% above the Oregon median of $71,930 and 39% above the national figure. The typical home is valued at $496,700, and the median rent is $1,645/month. 59.6% of households own their home.

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

Median household income

$95,674

Oregon average
$71,93033%
National
$68,75039%

Median home value

$496,700

Oregon average
$373,60033%
National
$209,600137%

Median gross rent

$1,645

Oregon average
$1,19138%
National
$98467%

Median age

43.1 yrs

Oregon average
41.5 yrs4%
National
41.0 yrs5%

Homeownership rate

59.6%

Oregon average
71.2%16%
National
75.8%21%

Bachelor's degree or higher

27.2%

Oregon average
16.0%70%
National
15.9%71%

How ZIP 97408 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 97408 typically sell around $496,700. Compare what a vetted mortgage pro can actually offer you before you commit.

Talk to a mortgage pro

Nearby ZIP codes in Oregon

97405974119740497403974029740197415974209739497423

Or compare 97408 with 97405.

Run your own numbers

Cost of living calculatorBudget calculatorMortgage calculator

See every local figure on the Oregon money guide.

What people search about ZIP 97408

Searches for the cost of living in 97408, the median household income in 97408, average rent in 97408 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.

  • cost of living in 97408
  • median household income in 97408
  • home values in 97408
  • average rent in 97408
  • property tax in 97408
  • housing market in 97408

Methodology

Figures describe ZIP Code Tabulation Area 97408, 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.