Interested in purchasing investment houses in the 97202 zip code in Portland, OR?
The zip code 97202 is in Multnomah county with a latitude of -122.644100000000 and longitude of 45.482900000000, is in the state of Oregon. The average asking price of houses and condos is $388,623.00 and the average sale price was $342,402.00. 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' 58.44" N, 122° 38' 38.76" W. The county F.I.P.S. is 41051. This zip code contains two cities including Portland, OR (99.83%), and Milwaukie, OR (0.17%) The total land area is 6.3 square miles and the water area is 1.0 square miles. The elevation in this area is 200 - 217 feet. The zip code is on pacific standard time and observes daylight savings time.
The zip 97202 is in county number 051 and is L. Sector 00, L. Segment 01, H. Sector 09, and H. Segment 09. The population was 43,844 in 2019 and 38,762 in 2010. This further breaks down to 20,968 males (47.8%) and 22,875 females (52.2%). The median age of residents is 36.8 years. The population of the greater Portland-Vancouver-Beaverton, OR-WA area is 2,255,276. The population density (people per square mile) is 6,919. This zip code has a combined total of 19,773 houses and condos. There are 9,131 rented appartments. 49% of residents rent versus the 49% 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 $64,392 and the average salary is $54,451. The median household income of individuals is $52,453.00 and the average is $87,710.00. This zip code has a mean commute time to work of 27.0 minutes. The unemployment rate is 3.8%. Income earners by percent breakdown as 47.40% (Under $50,000), 34.90% ($50,000-$100,000), and 17.70% earn over $100,000. 9.7% of residents live below poverty line versus the 11.4% in the state that are below this line. The cost of living index is 105.5. The educational breakdown is 97.7% have a high school education or higher, 64.6% have a bachelor's degree or higher, and 28.0% have some kind of profesional degree.
This area has 17,555 households and the average size is 2.3 people. Individuals who are single and have never been married are 41.3%, 42.5% are now married, 1.3% are separated, 3.4% are widowed, and 11.6% are divorced. The average yearly contribution amount given by people to charity was $2,856 versus the state average of $3,648. The percent of residents who gave to charity was 32.9%.
The estimated median value of houses and condos is $602,079. The median monthly owner costs of mortgage holders was $2,308, where as the costs for those who don't have a mortgage are $753. The median number of rooms in houses and condos are 6.6 versus apartments which had a median number of 3.8.
The real estate tax percent rate is 0.9% which equated to an average real estate tax amount payment of $5,167. 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 $5,127. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.9% which amounted to an average tax amount of $5,355. Reported taxable interest for persons was $1,323, dividends $5,876, capital gains +$16,537, and itemized deductions $25,416. The average earned income tax credit is $1,195. The percent of individuals that use a tax preparer is 38.7%. The total average income taxes paid by individuals was $12,371. Businesses reported an average profit of $18,746.
Denicolas Restaurant
3520 SE Powell Blvd, Portland, OR 97202
Sckavone's
4100 SE Division St, Portland, OR 97202
Noho's Hawaiian Cafe
2525 SE Clinton St, Portland, OR 97202
Rudy's Gourmet Pizza
4716 SE Powell Blvd, Portland, OR 97206 (1.9 miles away)
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