Interested in purchasing investment houses in the 97206 zip code in Portland, OR?
The zip code 97206 is in both Multnomah and Clackamas counties with a latitude of -122.598620000000 and longitude of 45.481900000000, is in the state of Oregon. The average asking price of houses and condos is $221,749.00 and the average sale price was $190,060.00. this regions is classified as the Portland metro area and consists of the following area codes: 503 and 971. The location in degrees is 45° 28' 54.84" N, 122° 35' 55.032" W. The county F.I.P.S. is 41051. This zip code contains two cities including Portland, OR (91.74%), and Milwaukie, OR (0.50%) The total land area is 6.5 square miles and the water area is 0.0 square miles. The elevation in this area is 236 - 328 feet. The zip code is on pacific standard time and observes daylight savings time.
The zip 97206 is in county number 005 and is L. Sector 06, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 53,574 in 2019 and 47,596 in 2010. This further breaks down to 26,621 males (49.7%) and 26,952 females (50.3%). The median age of residents is 37.3 years. The population of the greater Portland-Vancouver-Beaverton, OR-WA area is 2,255,276. The population density (people per square mile) is 8,207. This zip code has a combined total of 21,985 houses and condos. There are 7,602 rented appartments. 36% of residents rent versus the 36% of residents in the state who rent.
The financial status of those living in this area is considered lower middle class. The average individual gross adjusted income is $43,455 and the average salary is $40,738. The median household income of individuals is $49,861.00 and the average is $60,540.00. This zip code has a mean commute time to work of 30.0 minutes. The unemployment rate is 3.8%. Income earners by percent breakdown as 50.20% (Under $50,000), 38.30% ($50,000-$100,000), and 11.60% earn over $100,000. 10.9% of residents live below poverty line versus the 11.4% in the state that are below this line. The cost of living index is 103.5. The educational breakdown is 92.7% have a high school education or higher, 44.9% have a bachelor's degree or higher, and 16.7% have some kind of profesional degree.
This area has 19,386 households and the average size is 2.5 people. Individuals who are single and have never been married are 39.0%, 41.4% are now married, 1.6% are separated, 4.1% are widowed, and 14.0% are divorced. The average yearly contribution amount given by people to charity was $1,765 versus the state average of $3,648. The percent of residents who gave to charity was 27.2%.
The estimated median value of houses and condos is $390,108. The median monthly owner costs of mortgage holders was $1,741, where as the costs for those who don't have a mortgage are $582. The median number of rooms in houses and condos are 5.7 versus apartments which had a median number of 4.3.
The real estate tax percent rate is 0.9% which equated to an average real estate tax amount payment of $3,666. In comparision, the average real estate tax percent rate in the state is 0.9% which equated to an average real estate tax amount payment in the state of $3,203. The median housing property tax percent for residents with mortgages was 0.9% which amounted to an average tax amount of $3,671. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.0% which amounted to an average tax amount of $3,662. Reported taxable interest for persons was $762, dividends $2,531, capital gains +$4,956, and itemized deductions $17,674. The average earned income tax credit is $1,818. The percent of individuals that use a tax preparer is 40.0%. The total average income taxes paid by individuals was $7,169. Businesses reported an average profit of $11,423.
Rudy's Gourmet Pizza
4716 SE Powell Blvd, Portland, OR 97206
Denicolas Restaurant
3520 SE Powell Blvd, Portland, OR 97202 (1.9 miles away)
Shiki Restaurant
8931 SE Foster Rd Ste 105, Portland, OR 97266 (1.9 miles away)
Nostrana
1401 SE Morrison St, Portland, OR 97214 (2.8 miles away)
Sushi Kata Japanese Restaurant
13809 SE Mcloughlin Blvd, Portland, OR 97222 (3.3 miles away)
Outback Steakhouse
9500 SE 82nd Ave, Happy Valley, OR 97086 (4 miles away)