Interested in purchasing investment houses in the 97225 zip code in Portland, OR?
The zip code 97225 is in Washington county with a latitude of -122.770050000000 and longitude of 45.502180000000, is in the state of Oregon. The average asking price of houses and condos is $425,491.00 and the average sale price was $381,513.00. 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° 30' 7.848" N, 122° 46' 12.18" W. The county F.I.P.S. is 41067. This zip code contains six cities including West Haven-Sylvan, OR (23.68%), Beaverton, OR (21.76%), West Slope, OR (18.86%), Raleigh Hills, OR (18.66%), Cedar Hills, OR (15.60%), and Portland, OR (0.41%) The total land area is 6.6 square miles and the water area is 0.0 square miles. The elevation in this area is 400 - 669 feet. The zip code is on pacific standard time and observes daylight savings time.
The zip 97225 is in county number 051 and is L. Sector 38, L. Segment 00, H. Sector 00, and H. Segment 00. The population was 26,379 in 2019 and 24,176 in 2010. This further breaks down to 13,093 males (49.6%) and 13,285 females (50.4%). The median age of residents is 40.9 years. The population of the greater Portland-Vancouver-Beaverton, OR-WA area is 2,255,276. The population density (people per square mile) is 4,004. This zip code has a combined total of 12,305 houses and condos. There are 5,273 rented appartments. 46% of residents rent versus the 46% 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 $95,582 and the average salary is $77,036. The median household income of individuals is $65,665.00 and the average is $127,940.00. This zip code has a mean commute time to work of 24.6 minutes. The unemployment rate is 3.2%. Income earners by percent breakdown as 35.70% (Under $50,000), 34.70% ($50,000-$100,000), and 29.60% earn over $100,000. 4.9% of residents live below poverty line versus the 11.4% in the state that are below this line. The cost of living index is 105.0. The educational breakdown is 99.2% have a high school education or higher, 64.2% have a bachelor's degree or higher, and 28.3% have some kind of profesional degree.
This area has 11,226 households and the average size is 2.3 people. Individuals who are single and have never been married are 30.6%, 52.0% are now married, 0.8% are separated, 5.1% are widowed, and 11.5% are divorced. The average yearly contribution amount given by people to charity was $4,926 versus the state average of $3,648. The percent of residents who gave to charity was 42.6%.
The estimated median value of houses and condos is $590,690. The median monthly owner costs of mortgage holders was $2,372, where as the costs for those who don't have a mortgage are $827. The median number of rooms in houses and condos are 7.4 versus apartments which had a median number of 3.6.
The real estate tax percent rate is 0.9% which equated to an average real estate tax amount payment of $5,597. 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 $5,426. 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 $6,062. Reported taxable interest for persons was $3,067, dividends $9,905, capital gains +$19,317, and itemized deductions $32,457. The average earned income tax credit is $1,357. The percent of individuals that use a tax preparer is 46.6%. The total average income taxes paid by individuals was $16,019. Businesses reported an average profit of $23,022.
Outback Steakhouse
11146 SW Barnes Rd, Portland, OR 97225
Noodles Restaurant
6830 SW Beaverton Hillsdale Hwy, Portland, OR 97225
Grapevine Restaurant
11525 SW Barnes Rd, Portland, OR 97225
McCormick & Schmick's
9945 SW Beaverton Hillsdale Hwy, Beaverton, OR 97005 (1 miles away)
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