Interested in purchasing investment houses in the 97212 zip code in Portland, OR?
The zip code 97212 is in Multnomah county with a latitude of -122.643670000000 and longitude of 45.544260000000, is in the state of Oregon. The average asking price of houses and condos is $501,936.00 and the average sale price was $439,168.00. 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° 32' 39.336" N, 122° 38' 37.212" W. The county F.I.P.S. is 41051. The total land area is 2.7 square miles and the water area is 0.0 square miles. The elevation in this area is 151 - 161 feet. The zip code is on pacific standard time and observes daylight savings time.
The zip 97212 is in county number 051 and is L. Sector 00, L. Segment 01, H. Sector 10, and H. Segment 10. The population was 26,851 in 2019 and 24,126 in 2010. This further breaks down to 13,112 males (48.8%) and 13,739 females (51.2%). 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 9,838. This zip code has a combined total of 11,635 houses and condos. There are 3,635 rented appartments. 33% of residents rent versus the 33% 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 $93,016 and the average salary is $74,294. The median household income of individuals is $67,895.00 and the average is $124,120.00. This zip code has a mean commute time to work of 22.7 minutes. The unemployment rate is 2.3%. Income earners by percent breakdown as 37.40% (Under $50,000), 31.40% ($50,000-$100,000), and 31.20% earn over $100,000. 6.1% of residents live below poverty line versus the 11.4% in the state that are below this line. The cost of living index is 105.1. The educational breakdown is 99.4% have a high school education or higher, 73.8% have a bachelor's degree or higher, and 36.5% have some kind of profesional degree.
This area has 10,289 households and the average size is 2.4 people. Individuals who are single and have never been married are 35.0%, 50.6% are now married, 0.9% are separated, 2.7% are widowed, and 10.8% are divorced. The average yearly contribution amount given by people to charity was $4,045 versus the state average of $3,648. The percent of residents who gave to charity was 43.9%.
The estimated median value of houses and condos is $719,952. The median monthly owner costs of mortgage holders was $2,626, where as the costs for those who don't have a mortgage are $858. The median number of rooms in houses and condos are 7.6 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 $6,589. 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 $6,585. 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 $6,630. Reported taxable interest for persons was $2,069, dividends $7,618, capital gains +$19,274, and itemized deductions $32,043. The average earned income tax credit is $1,209. The percent of individuals that use a tax preparer is 44.2%. The total average income taxes paid by individuals was $16,440. Businesses reported an average profit of $24,444.
Lucca
3449 NE 24th Ave, Portland, OR 97212
Russell Street BBQ
325 NE Russell St, Portland, OR 97212
Ox Restaurant
2225 NE M L King Blvd, Portland, OR 97212
Catalina's Mexican Restaurant
517 NE Killingsworth St, Portland, OR 97211 (1.5 miles away)
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