ZIP code 97503: income, home prices and cost of living

The median household income in ZIP 97503 is $62,678, which is 13% below the Oregon median of $71,930 and 9% below the national figure. The typical home is valued at $275,000, and the median rent is $1,000/month. 81.2% of households own their home.

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

Median household income

$62,678

Oregon average
$71,93013%
National
$68,7509%

Median home value

$275,000

Oregon average
$373,60026%
National
$209,60031%

Median gross rent

$1,000

Oregon average
$1,19116%
National
$9842%

Median age

35.7 yrs

Oregon average
41.5 yrs14%
National
41.0 yrs13%

Homeownership rate

81.2%

Oregon average
71.2%14%
National
75.8%7%

Bachelor's degree or higher

9.8%

Oregon average
16.0%39%
National
15.9%38%

How ZIP 97503 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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Nearby ZIP codes in Oregon

97502975049750197496974879752097523975249752697479

Or compare 97503 with 97502.

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See every local figure on the Oregon money guide.

What people search about ZIP 97503

Searches for the cost of living in 97503, the median household income in 97503, average rent in 97503 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 97503, 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.