Interested in purchasing investment houses in the 97214 zip code in Portland, OR?
The zip code 97214 is in Multnomah county with a latitude of -122.643090000000 and longitude of 45.514300000000, is in the state of Oregon. The average asking price of houses and condos is $456,647.00 and the average sale price was $358,808.00. 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' 51.48" N, 122° 38' 35.124" W. The county F.I.P.S. is 41051. The total land area is 2.8 square miles and the water area is 0.0 square miles. The elevation in this area is 203 - 203 feet. The zip code is on pacific standard time and observes daylight savings time.
The zip 97214 is in county number 051 and is L. Sector 00, L. Segment 01, H. Sector 15, and H. Segment 15. The population was 27,145 in 2019 and 23,813 in 2010. This further breaks down to 13,836 males (51.0%) and 13,308 females (49.0%). The median age of residents is 35.7 years. The population of the greater Portland-Vancouver-Beaverton, OR-WA area is 2,255,276. The population density (people per square mile) is 9,671. This zip code has a combined total of 14,445 houses and condos. There are 9,073 rented appartments. 68% of residents rent versus the 68% 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 $55,685 and the average salary is $47,508. The median household income of individuals is $48,887.00 and the average is $76,290.00. This zip code has a mean commute time to work of 26.2 minutes. The unemployment rate is 2.6%. Income earners by percent breakdown as 51.20% (Under $50,000), 33.00% ($50,000-$100,000), and 15.80% earn over $100,000. 12.0% of residents live below poverty line versus the 11.4% in the state that are below this line. The cost of living index is 108.1. The educational breakdown is 99.3% have a high school education or higher, 68.0% have a bachelor's degree or higher, and 25.9% have some kind of profesional degree.
This area has 11,881 households and the average size is 2.0 people. Individuals who are single and have never been married are 51.1%, 35.7% are now married, 1.4% are separated, 2.0% are widowed, and 9.8% are divorced. The average yearly contribution amount given by people to charity was $2,673 versus the state average of $3,648. The percent of residents who gave to charity was 24.5%.
The estimated median value of houses and condos is $642,660. The median monthly owner costs of mortgage holders was $2,386, where as the costs for those who don't have a mortgage are $780. The median number of rooms in houses and condos are 6.7 versus apartments which had a median number of 3.2.
The real estate tax percent rate is 0.9% which equated to an average real estate tax amount payment of $5,539. 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 $5,507. 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 $5,634. Reported taxable interest for persons was $1,484, dividends $5,208, capital gains +$16,751, and itemized deductions $24,715. The average earned income tax credit is $746. The percent of individuals that use a tax preparer is 33.0%. The total average income taxes paid by individuals was $12,333. Businesses reported an average profit of $16,587.
Nostrana
1401 SE Morrison St, Portland, OR 97214
Le Pigeon
738 E Burnside St, Portland, OR 97214
Punch Bowl Social Portland
340 SW Morrison St 4305, Portland, OR 97204 (1.9 miles away)
Lucca
3449 NE 24th Ave, Portland, OR 97212 (2.1 miles away)
Denicolas Restaurant
3520 SE Powell Blvd, Portland, OR 97202 (2.1 miles away)
Theo's
121 NW 5th Ave, Portland, OR 97209 (2.5 miles away)
When my husband passed away suddenly, I was left with a home I had to sell fast. The experts from We Buy Homes dealt with me professionally, fairly, and honestly. I didn’t have to list my house and I didn’t have to deal with strangers walking through my home. And I didn’t have to pay a realtor! They handled everything and that provided the peace of mind I needed during such a difficult time. I highly recommend them!
