Interested in purchasing investment houses in the 97368 zip code in Otis, OR?
The zip code 97368 is in both Lincoln and Tillamook counties with a latitude of -123.906250000000 and longitude of 45.005940000000, is in the state of Oregon. The average asking price of houses and condos is $208,982.00 and the average sale price was $146,156.00. this regions is classified as the Portland metro area and consists of the following area codes: 458 and 541. The location in degrees is 45° 0' 21.384" N, 123° 54' 22.5" W. The county F.I.P.S. is 41041. This zip code contains two cities including Rose Lodge, OR (16.97%), and Lincoln City, OR (0.01%) The total land area is 54.9 square miles and the water area is 1.3 square miles. The elevation in this area is 194 - 2349 feet. The zip code is on pacific standard time and observes daylight savings time.
The zip 97368 is in county number 057 and is L. Sector 95, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 3,355 in 2019 and 3,435 in 2010. Of this, the break down in 2019 was 278 urban and 3,076 rural. This further breaks down to 1,843 males (54.9%) and 1,511 females (45.1%). The median age of residents is 49.1 years. The population density (people per square mile) is 61. This zip code has a combined total of 1,817 houses and condos. There are 417 rented appartments. 28% of residents rent versus the 28% 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 $37,977 and the average salary is $28,967. The median household income of individuals is $45,739.00 and the average is $50,410.00. This zip code has a mean commute time to work of 22.0 minutes. The unemployment rate is 5.9%. Income earners by percent breakdown as 55.00% (Under $50,000), 37.00% ($50,000-$100,000), and 8.00% earn over $100,000. 20.5% of residents live below poverty line versus the 11.4% in the state that are below this line. The cost of living index is 89.2. The educational breakdown is 93.1% have a high school education or higher, 20.6% have a bachelor's degree or higher, and 6.8% have some kind of profesional degree.
This area has 1,455 households and the average size is 2.3 people. Individuals who are single and have never been married are 23.8%, 51.2% are now married, 3.4% are separated, 5.7% are widowed, and 16.0% are divorced. The average yearly contribution amount given by people to charity was $2,435 versus the state average of $3,648. The percent of residents who gave to charity was 21.1%.
The estimated median value of houses and condos is $189,414. The median monthly owner costs of mortgage holders was $1,082, where as the costs for those who don't have a mortgage are $410. The median number of rooms in houses and condos are 5.1 versus apartments which had a median number of 4.4.
The real estate tax percent rate is 0.9% which equated to an average real estate tax amount payment of $1,674. 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 0.8% which amounted to an average tax amount of $1,737. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.8% which amounted to an average tax amount of $1,335. Reported taxable interest for persons was $1,215, dividends $3,523, capital gains +$3,514, and itemized deductions $19,778. The average earned income tax credit is $1,926. The percent of individuals that use a tax preparer is 40.7%. The total average income taxes paid by individuals was $6,331. Businesses reported an average profit of $7,624.
Salmon River Pronto Pup
1252 Salmon River Hwy, Otis, OR 97368
Dock's Landing
24 N Old Scenic Hwy 101, Otis, OR 97368
Otis Bean Box
24 N Old Scenic Hwy 101 Intersection With Hwy 18, Otis, OR 97368
The Beach Club Bistro
48880 Highway 101 S, Neskowin, OR 97149 (5.8 miles away)