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These days, finding an affordable place to live in the 97062 area can be challenging. Home prices in 97062 are now at a median cost of $596,347, higher than the Oregon average of $502,078.
The average cost of rent is $2,063/mo in 97062, primarily driven by the current value of real estate in the 97062 area. In 97062, 42.53% of households rent, and 33.91% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 97062 is $9,617 per month. Households that rent pay about 21.45% of their income on rent here. 97062’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 97224, OR: equally priced homes
- 97035, OR: higher priced homes
- 97140, OR: higher priced homes
- 97070, OR: higher priced homes
- 97223, OR: equally priced homes
- 97034, OR: higher priced homes
- 97068, OR: higher priced homes
- 97036, OR: equally priced homes
- 97008, OR: equally priced homes
- 97219, OR: higher priced homes
Zip Codes with Similar Populations
- 80919, CO: equally priced homes
- 37055, TN: less expensive homes
- 43420, OH: less expensive homes
- 03062, NH: less expensive homes
- 48162, MI: less expensive homes
- 70663, LA: less expensive homes
- 74017, OK: less expensive homes
- 77025, TX: higher priced homes
- 77316, TX: less expensive homes
- 80234, CO: equally priced homes
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