Interested in purchasing investment houses in the 97038 zip code in Molalla, OR?
The zip code 97038 is in Clackamas county with a latitude of -122.557670000000 and longitude of 45.087560000000, is in the state of Oregon. The average asking price of houses and condos is $242,291.00 and the average sale price was $157,748.00. 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° 5' 15.216" N, 122° 33' 27.612" W. The county F.I.P.S. is 41005. The total land area is 125.0 square miles and the water area is 0.3 square miles. The elevation in this area is 194 - 4216 feet. The zip code is on pacific standard time and observes daylight savings time.
The zip 97038 is in county number 005 and is L. Sector 00, L. Segment 01, H. Sector 30, and H. Segment 30. The population was 15,846 in 2019 and 15,113 in 2010. Of this, the break down in 2019 was 7,185 urban and 8,660 rural. This further breaks down to 7,754 males (48.9%) and 8,092 females (51.1%). The median age of residents is 40.2 years. The population of the greater Portland-Vancouver-Beaverton, OR-WA area is 2,255,276. The population density (people per square mile) is 127. This zip code has a combined total of 6,024 houses and condos. There are 1,498 rented appartments. 26% of residents rent versus the 26% 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 $49,154 and the average salary is $44,022. The median household income of individuals is $57,685.00 and the average is $60,190.00. This zip code has a mean commute time to work of 34.8 minutes. The unemployment rate is 3.7%. Income earners by percent breakdown as 42.40% (Under $50,000), 39.40% ($50,000-$100,000), and 18.20% earn over $100,000. 10.7% of residents live below poverty line versus the 11.4% in the state that are below this line. The cost of living index is 102.3. The educational breakdown is 90.2% have a high school education or higher, 15.4% have a bachelor's degree or higher, and 3.1% have some kind of profesional degree.
This area has 5,352 households and the average size is 2.8 people. Individuals who are single and have never been married are 23.9%, 55.9% are now married, 0.7% are separated, 4.8% are widowed, and 14.6% are divorced. The average yearly contribution amount given by people to charity was $3,042 versus the state average of $3,648. The percent of residents who gave to charity was 30.6%.
The estimated median value of houses and condos is $340,681. The median monthly owner costs of mortgage holders was $1,698, where as the costs for those who don't have a mortgage are $455. The median number of rooms in houses and condos are 6.2 versus apartments which had a median number of 4.6.
The real estate tax percent rate is 0.8% which equated to an average real estate tax amount payment of $2,676. 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 $2,752. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.7% which amounted to an average tax amount of $2,343. Reported taxable interest for persons was $1,346, dividends $3,028, capital gains +$10,240, and itemized deductions $20,690. The average earned income tax credit is $2,142. The percent of individuals that use a tax preparer is 53.8%. The total average income taxes paid by individuals was $7,145. Businesses reported an average profit of $7,467.
Thai Yo Sushi
106 N Molalla Ave, Molalla, OR 97038
Cindy's Cafe & Catering
222 Center Ave, Molalla, OR 97038
Lumber Jack Burger
170 Industrial Way, Molalla, OR 97038
San Blas Mexican Restaurant
1585 W Main St Ste K, Molalla, OR 97038
El Charrito
117 E Main St, Molalla, OR 97038
Muchas Gracias Mexican Food
112 Robbins St, Molalla, OR 97038
Happy Family Restaurant
413 Grange Ave, Molalla, OR 97038
Lam's Chinese Kitchen
102 E 2nd St, Molalla, OR 97038
Lam's Chinese Kitchen
Molalla, OR 97038
Chepitaxc3xa2??s Mexican Restaurant
112 Robbins St, Molalla, OR 97038
New China Restaurant
106 N Molalla Ave, Molalla, OR 97038
Lui's Palace Chinese Restaurant
106 N Molalla Ave, Molalla, OR 97038
Sundowner Restaurant & Lounge
115 W Main St, Molalla, OR 97038
Jade Asian Bistro
106 N Molalla Ave, Molalla, OR 97038
Buckeroo Deli
214 N Molalla Ave, Molalla, OR 97038
Cowboy Coffee Inc
806 E Main St, Molalla, OR 97038
Peet's Coffee & Tea
1525 W Main St, Molalla, OR 97038
Hitchin' Post Cafe
131 E Main St, Molalla, OR 97038
Jasper's Cafe
115 Engle Ave, Molalla, OR 97038
Humble Pig Cafe
115 E Main St, Molalla, OR 97038
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