Interested in purchasing investment houses in the 97224 zip code in Portland, OR?
The zip code 97224 is in Washington county with a latitude of -122.795100000000 and longitude of 45.405510000000, is in the state of Oregon. The average asking price of houses and condos is $302,934.00 and the average sale price was $274,680.00. 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° 24' 19.836" N, 122° 47' 42.36" W. The county F.I.P.S. is 41067. This zip code contains five cities including Tigard, OR (46.66%), Bull Mountain, OR (20.45%), King City, OR (8.11%), Durham, OR (4.60%), and Tualatin, OR (4.04%) The total land area is 8.9 square miles and the water area is 0.0 square miles. The elevation in this area is 207 - 456 feet. The zip code is on pacific standard time and observes daylight savings time.
The zip 97224 is in county number 051 and is L. Sector 77, L. Segment 29, H. Sector 29, and H. Segment 29. The population was 35,820 in 2019 and 31,122 in 2010. Of this, the break down in 2019 was 35,302 urban and 517 rural. This further breaks down to 17,512 males (48.9%) and 18,308 females (51.1%). The median age of residents is 42.5 years. The population of the greater Portland-Vancouver-Beaverton, OR-WA area is 2,255,276. The population density (people per square mile) is 4,036. This zip code has a combined total of 15,544 houses and condos. There are 4,774 rented appartments. 32% of residents rent versus the 32% of residents in the state who rent.
The financial status of those living in this area is considered middle class. The average individual gross adjusted income is $71,267 and the average salary is $63,307. The median household income of individuals is $63,244.00 and the average is $90,950.00. This zip code has a mean commute time to work of 26.5 minutes. The unemployment rate is 3.7%. Income earners by percent breakdown as 38.60% (Under $50,000), 32.40% ($50,000-$100,000), and 29.00% earn over $100,000. 7.5% of residents live below poverty line versus the 11.4% in the state that are below this line. The cost of living index is 103.8. The educational breakdown is 95.7% have a high school education or higher, 47.4% have a bachelor's degree or higher, and 18.3% have some kind of profesional degree.
This area has 13,419 households and the average size is 2.4 people. Individuals who are single and have never been married are 26.4%, 52.8% are now married, 0.9% are separated, 6.2% are widowed, and 13.7% are divorced. The average yearly contribution amount given by people to charity was $3,882 versus the state average of $3,648. The percent of residents who gave to charity was 41.8%.
The estimated median value of houses and condos is $455,347. The median monthly owner costs of mortgage holders was $2,077, where as the costs for those who don't have a mortgage are $691. The median number of rooms in houses and condos are 6.7 versus apartments which had a median number of 3.7.
The real estate tax percent rate is 1.0% which equated to an average real estate tax amount payment of $4,438. 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 1.0% which amounted to an average tax amount of $4,539. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.1% which amounted to an average tax amount of $4,180. Reported taxable interest for persons was $1,602, dividends $5,136, capital gains +$8,984, and itemized deductions $26,716. The average earned income tax credit is $1,817. The percent of individuals that use a tax preparer is 45.9%. The total average income taxes paid by individuals was $11,680. Businesses reported an average profit of $16,787.
Healthy Planet Restaurant Products
7546 SW Aloma Way Apt 6, Portland, OR 97223 (2.4 miles away)
Outback Steakhouse
8665 SW Tualatin Sherwood Rd, Tualatin, OR 97062 (3.1 miles away)
The Stockpot Broiler
8200 SW Scholls Ferry Rd, Beaverton, OR 97008 (3.2 miles away)
Riccardo's Ristorante
16035 Boones Ferry Rd, Lake Oswego, OR 97035 (3.8 miles away)
Hapa Grill
14625 SW Teal Blvd, Beaverton, OR 97007 (4.2 miles away)
The Old Spaghetti Factory
21192 SW Langer Farms Pkwy, Sherwood, OR 97140 (4.8 miles away)